Market Analysis

Daily Technical Analysis

31.7.2015

EUR/USD


Daily Technical Analysis on EUR/USD

July 31, 2015
Current level - 1.0950

The rebound above 1.0892 low is corrective, preceding a slide towards 1.0870. Only a break through 1.1015 resistance area will signal a major reversal of the whole slide from 1.1126 and will target 1.1215 zone.

resistance
intraday intraweek
1.1020 1.1215
1.1126 1.1436
support
intraday intraweek
1.0870 1.0820
1.0820 1.0650

USD/JPY


Daily Technical Analysis on USD/JPY

Current level - 124.05

Current pullback after 124.56 is corrective in nature, so the intraday bias should be considered corrective above 123.80, for another upswing towards yesterday's high.


resistance
intraday intraweek
124.56 125.90
124.46 128.40
support
intraday intraweek
123.80 121.50
123.30 120.40

GBP/USD


Daily Technical Analysis on GBP/USD

Current level - 1.5614

The intraday bias is negative after  the recent reversal at 1.5690, for another slide towards 1.5540 support zone. The latter is expected to provide a reliable base for a bounce through 1.5650, en route to 1.5800.

resistance
intraday intraweek
1.5670 1.5670
1.5670 1.5800
support
intraday intraweek
1.5540 1.5172
1.5450
1.5070

EUGERMANY30


Daily Technical Analysis on EUGERMANY30

Current level - 11261

The bias here remains positive, for a tight test of 11400 resistance zone, before reversal and drowning towards 10920 area. Crucial support lies at 11120.
 
resistance
intraday intraweek
11300 11400
11400 11658
support
intraday intraweek
11125 11010
11026
10650

US30


Daily Technical Analysis on US30

Current level - 17757

Yesterday's slide to 17630 has been short-lived and the outlook is positive again, for another test of 17800 resistance area.

resistance
intraday intraweek
17800 17800
17900 18190
support
intraday intraweek
17630 17394
17570
17240

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