13.01.2015 - Technical view
The price of EUR/USD continues a gradual rise along the inclined support line. At the moment, quotations are consolidated around the level of 1.1800. To continue the downward movement with the immediate goal at 0.1620, the price must be fixed below the level of 1.1800. Growth is limited by the level of 1.2000. We recommend holding short positions with a stop above the level 1.2250 and maintain a medium-term negative outlook.
Nearest resistance levels: 1.2000, 1.2165, 1.2250, 1.2360, 1.2500, 1.2560, 1.2600, 1.2700
Nearest support levels: 1.1800, 1.1500
The price of GBP/USD continues to consolidate between the oblique line of support and resistance level at 1.5200. In the case of overcoming the level 1.5200, the price may continue to grow in the downward channel to the level of 1.5300 and 1.5500. Fall is limited by the psychologically important mark on 1.5000. We look forward to continuing the downward price movement, but assume the growth of quotations in the near future.
Nearest resistance levels: 1.5200, 1.5300, 1.5500, 1.5750, 1.5800, 1.5960, 1.6000, 1.6200
Nearest support levels: 1.5000
The price of USD/JPY continued to decline in the descending channel. Today, the price could not overcome the level of 118.00 and bounced up. Further fall is limited by the level of support at 117.40 and then a downward movement may continue with a target at 116.00. The signal for the resumption of growth will be breaking through the upper boundary of the descending channel and fixing the price above the level of 120.00. Our medium-term outlook remains positive, but in the near future we may see fall of quotations.
Nearest resistance levels: 120.00, 120.75, 122.00, 125.00
Nearest support levels: 117.40, 115.00, 114.00, 113.00, 112.00, 110.00
The price of AUD/USD after a sharp decline has stabilized near the level of the previous local maximum at 0.8160. If the price fixates above this mark, we expect continued growth with a target at 0.8360. The fall is limited by the levels of 0,8000-0,8040. Our medium-term outlook is negative, but in the near future the growth of quotations may continue.
Nearest resistance levels: 0.8200, 0.8360, 0.8550, 0.8700, 0.8800, 0.8900, 0.9000
Nearest support levels: 0.8160, 0.8040, 0.8000, 0.7600, 0.7500
The price of NZD/USD could not continue to grow and gain a foothold above the resistance level at 0.7850. At the moment, quotations are consolidated above 0.7750 and before long may continue to fall within the corridor 0,7620-0,7850. We recommend holding short positions with a stop above 0.7910 and the target levels 0.7620 and 0.7500. The medium-term view also remains negative.
Nearest resistance levels: 0.7850, 0.7900, 0.8000, 0.8050, 0.8270
Nearest support levels: 0.7660, 07620, 0.7500, 0.7300