16.02.2015 - Technical view

The price of EUR/USD could not continue to grow and reached the level of 1.1500 and is currently consolidating around the mark 1.1450. In the near future the price may rise to 1.1500, the resolution of which will be the basis for further growth to 1.1620. Despite the current dynamics we expect continuation of falling of prices in the medium term, the price for which needs to break through the support at 1.1280.

Nearest resistance levels: 1.1500, 1.1620, 1.1750, 1.1800, 1.1860, 1.2000

Nearest support levels: 1.1350, 1.1280, 1.1100, 1.1000, 1.0800, 1.0500

The price of GBP/USD continues to grow along the inclined resistance line. In case of continuation of the current dynamics, we expect reaching the level 1.5500. Correction is possible to 1.5350 and 1.5300. We maintain our medium-term negative view, but forecast reaching the level of 1.5500 and recommend to keep short-term long positions.

Nearest resistance levels: 1.5500, 1.5750, 1.5800

Nearest support levels: 1.5350, 1.5300, 1.5200, 1.5050, 1.5000, 1.4700, 1.4500

GBP Forcast

The price of USD/JPY continues to consolidate the important support level near 118.50. At the moment, there is a possibility of rebound from this level with the upside potential to 120.00 and 120.50. On the other hand, the breaking of 118.50 will be the basis for a drop in prices to 117.00 and 116.00. Our medium-term outlook remains positive and we recommend to open long positions with a short stop below 118.50.

Nearest resistance levels: 119.00, 120.00, 120.75, 122.00, 125.00

Nearest support levels: 118.50, 117.40, 116.00, 115.00, 114.00, 113.00, 112.00, 110.00

JPY Forcast

The price of AUD/USD is consolidated below 0.7800 in the near future may continue to rise to the level of 0.7840. In case of overcoming this mark, is possible the rise to the level of 0.8000. At the moment, there is a possibility of return of the price to the level of 0.7660. We maintain our medium-term negative outlook and recommend holding short positions with a stop above 0.8000 and target at 0.7500.

Nearest resistance levels: 0.7800, 0.7840, 0.8000, 0.8040, 0.8200, 0.8250, 0.8360

Nearest support levels: 0.7660, 0.7600, 0.7500

AUD Chart

The price of NZD/USD broke the level of 0.7440 and reached the important level of 0.7500. At the moment, there is a possibility of continuation of the upward price movement up to 0.7620, but this requires fixing the price above the level of 0.7500. More likely is the resumption of the downward movement up to 0.7340 and 0.7200. We recommend holding short positions with a stop above 0.7500 and maintain a medium-term negative outlook.

Nearest resistance levels: 0.7500, 0.7620, 0.7700, 0.7800, 0.7850

Nearest support levels: 0.7440, 0.7340, 0.7200, 0.7000

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