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Daily technical analysis

EUR/USD
0.05050%
USD/JPY
0.05050%
GBP/USD
0.05050%
EUGERMANY30
0.05050%
US30
0.05050%
UK100
0.05050%

Đ¢hese analyses are for information purposes only. They do not post a buy or sell recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources.


The forecasts made are based on technical analysis. However, DF Market's Analyst Department also takes into consideration a number of fundamental and macroeconomic factors, which we believe may impact the price moves of the observed instruments.


DF Markets assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person's reliance upon the information on this page. DF Markets shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without prior notice.


October 25, 2019

EUR/USD

Current level - 1.1102

Daily Technical Analysis on EUR/USD

After successfully breaking through the support level at 1.1110, EUR/USD implies an attempt to test the support area near the level of 1.1064. In case the aforementioned support does not hold, the short-term uptrend should come to an end and a move towards 1.0990 becomes likely. Today’s German IFO Current Conditions (09:00 UK time) could have a strong impact on the pair.

resistance
intraday intraweek
1.1140 1.1240
1.1170 1.1270
support
intraday intraweek
1.1060 1.0960
1.1020 1.0880

USD/JPY

Current level - 108.59

Daily Technical Analysis on USD/JPY

The consolidation between 108.14 and 108.89 continues for USD/JPY. Expectations are for a test of the support level at 108.14 before the uptrend continues. There is a minor resistance level at 108.71 before the major resistance at 108.89.

resistance
intraday intraweek
108.90 109.00
109.20 109.30
support
intraday intraweek
108.15 107.40
107.80 107.00

GBP/USD

Current level - 1.2837

Daily Technical Analysis on GBP/USD

The uncertainty around Brexit continues to be the main factor influencing the fluctuations of the Cable. After three unsuccessful attempts to breach the key resistance at 1.2980, a test of the support level at 1.2785 is expected. If it holds, the pair should head towards another test of 1.2980.

resistance
intraday intraweek
1.2890 1.3180
1.2990 1.3300
support
intraday intraweek
1.2780 1.2560
1.2700
1.2400

EUGERMANY30

Current level - 12839

Daily Technical Analysis on EUGERMANY30
The German index continues its uptrend and is heading for a test of the important resistance at 12900. If this level is broken, the index should move towards the next important resistance at 13180. In the opposite direction, a minor support lies at 12800 with the first important one around the 12607 area.
resistance
intraday intraweek
12900 13150
13000 13200
support
intraday intraweek
12800 12400
12600 12250

US30

Current level - 26792

Daily Technical Analysis on US30

After an unsuccessful test of the support at 26770, the US index is expected to gain upward momentum and test the resistance levels at 26928 and 27121. In the opposite direction, the important support levels lie at 26772 and 26581.

resistance
intraday intraweek
26930 27300
27120 27370
support
intraday intraweek
26700 26560
26600
26400

UK100

Current level - 7314

Daily Technical Analysis on UK100

After successfully violating the important resistance level of 7250, the UK100 index should head towards the next resistance level at 7440. The first support level is at 7258.

resistance
intraday intraweek
7333 7400
7400 7440
support
intraday intraweek
7260 7090
7190
7000
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