09.07.2014 - Technical view

The price of EUR/USD fixed above 1.3600 and continued the growth. The closest objectives in case of continuation of the current dynamics will be 1.3640 and 1.3665. With the resumption of the downward movement, a signal to open short positions will be fixing below 1.3580. Our medium-term negative outlook remains unchanged.

Nearest resistance levels: 1.3640, 1.3665, 1.3700, 1.3750, 1.3790

Nearest support levels: 1.3590, 1.3530, 1.3500, 1.3400

The price of GBP/USD rebounded from the bottom of the rising channel and the level of 1.7100. For the continued growth, the price needs to consolidate above 1.7180. Reduction is possible after breaking through the support at 1.7060. The oscillation amplitude is reduced and in the near future, we can see a strong price movement. Medium-term objectives remain near the levels 1.7200 and 1.7300.

Nearest resistance levels: 1.7180, 1.7200, 1.7300

Nearest support levels: 1.7100, 1.7060, 1.7000, 1.6950, 1.6900, 1.6810, 1.6770

GBP/USD Graph with Support and Resistence Lines

The price of USD/JPY after a sharp decline yesterday is consolidating around 101.60. Further reduction is limited by the level of the nearest local minimum near 101.20. We expect the resumption of growth with targets 102.00 and 102.20. Medium-term view also remains negative.

Nearest resistance levels: 102.20, 102.70, 103.00, 104.00, 104.70

Nearest support levels: 101.60, 101.40, 100.90, 100.00

GBP/USD Graph with Support and Resistence Lines

The price of AUD/USD stopped growing after reaching 0.9400. Nearest strong resistance level is 0.9440 in case of reaching of which, the price is likely to resume its decline in the sideways. We maintain a medium-term negative outlook. A signal for opening short positions will be fixing the price below 0.9330.

Nearest resistance levels: 0.9440, 0.9500, 0.9600

Nearest support levels: 0.9330, 0.9300, 0.9220, 0.9200

The price of NZD/USD has overcome the strong level of 0.8780 and is consolidating around the important level of 0.8800. In case of fixing above this mark, we can see an acceleration of growth after a long consolidation. Support is placed at 0.8740. In the medium term the price will probably continue to trade near current levels.

Nearest resistance levels: 0.8800

Nearest support levels: 0.8780, 0.8660, 0.8600, 0.8560, 0.8480

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