20.04.2015 - ​Technical view

The price of EUR/USD is consolidated near the level of 1.0800, after strong growth within the local rising channel. In case of continuation of the current dynamics, quotes will continue to rise to 1.0900 and 1.1050. In case of a change of positive trend to negative, quotations may return to the levels of 1.0550 and 1.0500. Our medium-term outlook remains negative and we expect the signal to open short positions.

Nearest resistance levels: 1.0800, 1.1000, 1.1050, 1.1280, 1.1450, 1.1500, 1.1620

Nearest support levels: 1.0550, 1.0500, 1.0400, 1.0100

The price of GBP/USD within the growth has broken an important resistance level at 1.5000, but failed to gain a foothold above it and corrected to the lower boundary of the local descending channel. For the continuation of growth quotations need to gain a foothold above 1.5000 and in such case they can grow up to 1.5200 and 1.5350. Fixing below the lower boundary of the channel will be the basis for the opening of the short-term short positions with the potential fall to 1.4700 and 1.4600. The probability of this scenario - above average. Our medium-term outlook remains negative.

Nearest resistance levels: 1.5000, 1.5150, 1.5200, 1.5300, 1.5350, 1.5500, 1.5550

Nearest support levels: 1.4700, 1.4600, 1.4500

The price of USD/JPY continues to decrease within the local descending channel and approached the psychologically important level of 118.50. The breaking and fixing the price below this mark will be the basis for the continuation of the downward movement to 117.00. On the other hand, at the moment there is a high probability of upward price rebound to the first targets at 119.50 and 120.50. Our medium-term outlook remains positive.

Nearest resistance levels: 119.50, 120.30, 121.00, 122.00, 125.00

Nearest support levels: 118.50, 117.40, 116.00, 115.00, 114.00

The price of AUD/USD slowed the growth after reaching a sloping resistance line. In case of continued growth, the quotations may reach strong resistance level at 0.7900. It is worth noting that the quotes can change the current dynamics to the negative and the signal for this will be overcoming the support at 0.7740. We maintain our medium-term negative outlook.

Nearest resistance levels: 0.7850, 0.7900, 0.8000, 0.8040, 0.8200, 0.8250

Nearest support levels: 0.7740, 0.7600, 0.7550, 0.7500, 0.7200

The price of NZD/USD reached a strong resistance level at 0.7700 and has overcome it. In case of fixing the quotations above this mark, quotes, will reach the level of 0.7800 and 0.7850. In case of reduction, quotes will reach the support level at 0.7620 and 0.7500. We expect the confirmation of the signal to open new positions.

Nearest resistance levels: 0.7800, 0.7850

Nearest support levels: 0.7700, 0.7620, 0.7500, 0.7400, 0.7310, 0.7200, 0.7000

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