19.06.2014 - Technical view
The price of EUR/USD has reached the strong level of 1.3590, after yesterday's sharp rise. If the price fixates above this level, we expect continued growth to 1.3650. In the near future most probable is the price correction with the target at around 1.3550. We maintain a medium-term negative outlook for the euro.
Nearest resistance levels: 1.3650, 1.3700, 1.3750, 1.3790
Nearest support levels: 1.3530, 1.3500, 1.3400
The price of GBP/USD again tries to overcome the psychological resistance level of 1.7000. In case of success, the price may reach 1.7100 and 1.7200. Correction is possible to 1.6950. If the price fixates below this level, we recommend opening short positions with the targets of 1.6900 and 1.6810. Today the downward correction is possible, but in the medium term the price will likely continue the upward movement.
Nearest resistance levels: 1.7000, 1.7100, 1.7200
Nearest support levels: 1.6900, 1.6810, 1.6770, 1.6700, 1.6560
The price of USD/JPY failed to gain a foothold above 102.00 and now is consolidating below this mark. Further fall is limited by the level of 101.60. Further decline in the near future is unlikely. We expect the resumption of growth of price with the closest target near 102.70.
Nearest resistance levels: 102.00, 102.70, 103.00, 104.00, 104.70
Nearest support levels: 101.60, 101.40, 100.90
The price of AUD/USD after a sharp rise has reached the resistance level 0.9400, near which is now consolidating. The next target in case of the growth can be 0.9440. We expect the price correction after the strong growth, after which we expect further signals. In the medium term quotations will probably decrease with targets 0.9340 and 0.9300.
Nearest resistance levels: 0.9440
Nearest support levels: 0.9340, 0.9300, 0.9220, 0.9200, 0.9100
The price of NZD/USD has broken through the strong resistance level 0.8700. To continue the price growth is necessary to gain a foothold above this level. In the near future the price will probably return to the level of 0.8700 and will consolidate until formation of the new impulse. We expect that the price will continue to move near the current levels.
Nearest resistance levels: 0.8740, 0.8780
Nearest support levels: 0.8700, 0.8690, 0.8600, 0.8560, 0.8480