17.02.2015 - Technical view
The price of EUR/USD could not continue the movement above the level of 1.1400 and corrected down. Further fall is limited by the level of 1.1280, in the case of overcoming of which, quotes will drop to 1.1160 and 1.1100. In case of resumption of growth, the price may rise to 1.1500. We maintain our medium-term negative outlook and recommend holding short positions with the potential drop to 1.1100 and 1.1000 and stop above the level of 1.1620.
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 could not continue to grow along the upper boundary of the rising channel and corrected to the important level of 1.5350. Fixing the price above this mark is a confirmation of a buy signal with the potential of a short-term growth to 1.5500. In case of breaking through the level 1.5350, quotes will drop to 1.5200. Our medium-term view of the British pound is negative, but we 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
The price of USD/JPY stabilized near the level of 118.50 and continues to consolidate around this level. In case of continued downward movement quotations will continue to decline to a level of 117.00 and 116.00. At the moment, there is a possibility of rebound of quotations to the level of 120.00 and 120.50. Our medium-term outlook remains positive and we expect the resumption of growth in the near future.
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
The price of AUD/USD continues to consolidate within the corridor 0,7740-0,7840. Breaking the level of 0.7840 and fixing the price above this mark will be a signal for continued growth with the potential increase up to 0.8000, above which we recommend to keep the stop. At the moment, there is a possibility of another price reduction to the level of 0.7660. We recommend holding short positions with a stop above 0.8000 and the target level at 0.7500.
Nearest resistance levels: 0.7800, 0.7840, 0.8000, 0.8040, 0.8200, 0.8250, 0.8360
Nearest support levels: 0.7740, 0.7660, 0.7600, 0.7500
The price of NZD/USD is consolidated around the level of 0.7500. In case of fixing above this level, we expect further growth of quotations to 0.7620 and 0.7800. For the resumption of downward movement the price needs to drop below 0.7440. The price volatility in the near future will be reduced. Our medium-term outlook remains negative, but we recommend to wait for the signal to open new positions.
Nearest resistance levels: 0.7500, 0.7620, 0.7700, 0.7800, 0.7850
Nearest support levels: 0.7440, 0.7340, 0.7200, 0.7000