Market Selector

Trade

Daily technical analysis

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

August 14, 2018

EUR/USD

Daily Technical Analysis on EUR/USD

Current level - 1.1418

Intraday allow a rise towards 1.1480-1510 area before drowning to 1.1300 static support.

resistance
intraday intraweek
1.1480 1.1510
1.1510 1.1750
support
intraday intraweek
1.1360 1.1300
1.1300 1.1300

USD/JPY

Daily Technical Analysis on USD/JPY

Current level - 110.87

The return above 110.40 has neutralized the bearish outlook and the bias is positive, for a test of 111.20 crucial level. I favor a break through the latter to initiate a rise towards 112.10 peak.

resistance
intraday intraweek
111.20 114.50
112.10 114.50
support
intraday intraweek
110.40 110.10
110.10 109.30

GBP/USD

Daily Technical Analysis on GBP/USD

Current level - 1.2784

The rebound after 1.2730 is currently set for a test of 1.2850 and if successful, for a spike to 1.2920 area. The general outlook on the senior frames remains bearish, for a slide towards 1.2570.

resistance
intraday intraweek
1.2850 1.2970
1.2920 1.3210
support
intraday intraweek
1.2730 1.2570
1.2630
1.2570

EUGERMANY30

Daily Technical Analysis on EUGERMANY30

Current level - 12419

The intraday bias is positive, for a rise towards 12490 hurdle and a violation of the latter will allow a brief rise to 12570 zone. 

resistance
intraday intraweek
12490 12890
12570 12950
support
intraday intraweek
12400 12300
12300
12100

US30

Daily Technical Analysis on US30

Current level - 25297

Yesterday's test at 25360 failed and the new local low at 25150 signals the finale of the whole slide since 25690 peak. The bias is positive, for a larger corrective rebound, towards 25500 resistance area. Intraday target lies at 25360.

resistance
intraday intraweek
25360 25500
25500 25700
support
intraday intraweek
25150 25100
25100
24900

UK100

Daily Technical Analysis on UK100

Current level - 7667

The overall outlook remains bearish below 7720, for a slide towards 7560, en route to 7480 zone.

resistance
intraday intraweek
7720 7900
7800 8000
support
intraday intraweek
7560 7480
7480
7290