Market Analysis

Daily Technical Analysis

24.06.2016

EUR/USD


Daily Technical Analysis on EUR/USD

June 24, 2016
Current level - 1.1068

Yesterday's reversal at 1.1420 led to a break through 1.1235 and 1.1130 lows, reaching a local bottom at 1.0910. The intraday bias is already positive, for a corrective rebound towards 1.1130 area.

resistance
intraday intraweek
1.1130 1.1235
1.1235 1.1415
support
intraday intraweek
1.0910 1.0910
1.0820 1.0820

USD/JPY


Daily Technical Analysis on USD/JPY

Current level - 102.79

The severe sell-off bottomed at 98.97 and the current bias is already positive, for a test of 103.20-50 resistance zone. Initial intraday support lies at 101.80.

resistance
intraday intraweek
101.80 103.50
103.50 105.50
support
intraday intraweek
101.80 100.00
100.00 98.97

GBP/USD


Daily Technical Analysis on GBP/USD

Current level - 1.3661

The Brexit outcome led to a massive sell-off all the way down to 1.3227, but the current intraday bias is already positive, for a corrective rebound towards 1.4000 resistance area. Initial support lies at 1.3510.

resistance
intraday intraweek
1.3740 1.4000
1.4000 1.4330
support
intraday intraweek
1.3510 1.3230
1.3230
1.3000

EUGERMANY30


Daily Technical Analysis on EUGERMANY30

Current level - 9197

The sharp reversal at 10480 set the beginning of downtrend, breaking through 10030 and 9450, but the reliable support at 9120 should provide a base for a rebound towards 9450, en route to 9770.
resistance
intraday intraweek
9940 9770
9770 10030
support
intraday intraweek
9120 9120
9120
8700

US30


Daily Technical Analysis on US30

Current level - 17380

The intraday bias is already bullish after today's low at 17280, for a rise towards 17600, en route to 17780 later on.


resistance
intraday intraweek
17460 17780
17600 17920
support
intraday intraweek
17280 17120
17120
17000

UK100


Daily Technical Analysis on UK100

Current level - 5783

After a short-lived spike below 6480 resistance, the index suffered severe losses all the way down to 5720. Next support lies around 5500 area and a corrective rebound will seek a test of 5900, en route to 6100 resistance area.

resistance
intraday intraweek
5900 6340
6100 6480
support
intraday intraweek
5720 5500
5500
5500

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