Market Analysis

Daily Technical Analysis

04.5.2016

EUR/USD


Daily Technical Analysis on EUR/USD

May 4, 2016
Current level - 1.1507

A reversal has been confirmed at 1.1615 and the intraday bias is negative, with a risk of a further slide towards 1.1410. Key intraday resistance lies at 1.1540.


resistance
intraday intraweek
1.1540 1.1713
1.1615 1.2000
support
intraday intraweek
1.1410 1.1360
1.1360 1.1217

USD/JPY


Daily Technical Analysis on USD/JPY

Current level - 106.77

The rebound above 105.40 support signals, that the whole downtrend from 111.90 is already over and the outlook is positive, for a break through 107.60 resistance, en route to 108.80.

resistance
intraday intraweek
107.60 107.60
108.80 109.90
support
intraday intraweek
106.40 105.40
105.40 103.20

GBP/USD


Daily Technical Analysis on GBP/USD

Current level - 1.4567

The bias is negative after the recent break through 1.4670, heading towards 1.4410 minor support. Initial intraday resistance lies at 1.4580, followed by 1.4670.

resistance
intraday intraweek
1.4580 1.4780
1.4670 1.5000
support
intraday intraweek
1.4514 1.4300
1.4410
1.4090

EUGERMANY30


Daily Technical Analysis on EUGERMANY30

Current level - 9950

The downtrend is still intact and current rebound above 9905 support is corrective, preceding another leg downwards, to 9700-740 area. Key intraday resistance lies at 10020.

resistance
intraday intraweek
10020 10630
10150 10870
support
intraday intraweek
9905 9905
9905
9740

US30


Daily Technical Analysis on US30

Current level - 17752

The outlook here remains negative, for a break through 17650 low, en route to 17400 support zone. Key resistance lies at 17867.


resistance
intraday intraweek
17870 18180
18090 18370
support
intraday intraweek
17650 17650
17650
17400

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