09.02.2015 - Technical view
The price of EUR/USD corrected to the support level at 1.1300 and is trying to overcome this mark. In case of success, quotes will continue to decline with the first target at 1.1100. At the moment, there is a possibility the quotes rebound upwards with a potential increase to 1.1400 and 1.1500. We maintain our medium-term negative outlook and recommend holding short positions with a stop above 1.1620.
Nearest resistance levels: 1.1400, 1.1500, 1.1540, 1.1620, 1.1750, 1.1800, 1.1860, 1.2000
Nearest support levels: 1.1300, 1.1280, 1.1100, 1.1000, 1.0800, 1.0500
The price of GBP/USD corrected downwards after reaching the level of 1.5350 and the sloping resistance line. As a result, quotes fell to the support level at 1.5200, but rebounded from this mark. We expect further price consolidation within the corridor 1,5200-1,5300. In case of fixing quotations below 1.5200, we expect a drop to 1.5000. Our medium-term outlook is negative.
Nearest resistance levels: 1.5300, 1.5350, 1.5500, 1.5750, 1.5800
Nearest support levels: 1.5200, 1.5000, 1.4700, 1.4500
The price of USD/JPY rose sharply and broke through the upper limit of the local descending channel and the local maximum at 118.50. Fixing the price above this mark will confirm the signal for opening long positions with growth potential to the level of 120.00. In case of correction, quotations may return to the levels of 118.00 and 117.00. Our medium-term outlook remains positive.
Nearest resistance levels: 119.00, 120.00, 120.75, 122.00, 125.00
Nearest support levels: 118.50, 117.00, 116.00, 115.00, 114.00, 113.00, 112.00, 110.00
The price of AUD/USD after breaking the sloping resistance line, began to consolidate within the corridor 0,7750-0,7860. For the resumption of growth, quotations need to overcome and fix above the mark of 0.7860. In this case, we expect the increase to 0.8000. In case of breaking through the level of 0.7860, which is a local minimum, we expect the decline to 0.7650 and 0.7500. Our medium-term outlook remains negative and we recommend holding short positions with a stop above 0.8000.
Nearest resistance levels: 0.7860, 0.8000, 0.8040, 0.8200, 0.8250, 0.8360
Nearest support levels: 0.7650, 0.7600, 0.7500
The price of NZD/USD is consolidated within the corridor 0,7340-0,7440. At the moment, the quotes are rising after a rebound from the lower limit of the corridor. Breaking through the support level at 0.7340 will be the basis for further the price falling with the first target at 0.7200. We continue to maintain a medium-term negative outlook and recommend holding short positions with a stop above 0.7500.
Nearest resistance levels: 0.7440, 0.7500, 0.7620, 0.7700, 0.7800, 0.7850
Nearest support levels: 0.7340, 0.7300, 0.7200, 0.7000