25.09.2015 - Technical view

Currencies trading and euro. The price of EUR/USD has corrected to the level of 1.1300 and resumed the decline within which probably will reach the lower boundary of the rising channel and a local minimum at 1.1100. Breaking through these marks will be the basis for further price drops to 1.1000 and 1.0900. Growth of price is limited by the levels of 1.1400. Our medium-term outlook remains negative.

Nearest resistance levels: 1.1200, 1.1300, 1.1400, 1.1450, 1.1500, 1.1620, 1.1700

Nearest support levels: 1.1100, 1.1000, 1.0850, 1.0800, 1.0700, 1.0550

Currencies trading and British pound. The price of GBP/USD has reached an important level of 1.5200 and currently is consolidating above it. Breaking of this level will be the reason for the price reduction to the level of 1.5000. Breaking through the angled line of resistance may lead to the continuation of the correction to the nearest resistance at 1.5350. Our medium-term outlook remains negative.

Nearest resistance levels: 1.5350, 1.5460, 1.5675, 1.5700, 1.5800, 1.5900

Nearest support levels: 1.5200, 1.5000, 1.4700

Currencies trading and Japanese yen. The price of USD/JPY continues to consolidate between the inclined support and resistance lines, and the amplitude of price fluctuations is gradually reduced. After the consolidation, quotes will show strong price movement. In the near future the price movement will be restricted within the corridor 118,00-121,50. Our medium-term outlook remains positive.

Nearest resistance levels: 121.50, 123.00, 124.50, 125.00, 125.70, 128.00, 130.00

Nearest support levels: 119.00, 118.50, 118.00, 117.00

Currencies trading and Australian dollar. The price of AUD/USD is consolidating around the level of 0.7000 after the rebound from the bottom of the downward channel. The next upside target level in case of a further reduction will be 0.6900. In case of further growth quotations will continue to increase to 0.7100 and 0.7200. Our medium-term outlook remains negative and we recommend holding short positions.

Nearest resistance levels: 0.7200, 0.7260, 0.7400, 0.7500, 0.7600, 0.7700, 0.7800

Nearest support levels: 0.7000, 0.6900, 0.6750, 0.6600, 0.6500

Currencies trading and New Zealand dollar. The price of NZD/USD rebounded from the support level at 0.6250 and currently is consolidating near the level of 0.6320. In case of further growth quotations may reach the mark of 0.6400. We expect breaking through support at 0.6250 and the continuation of the negative dynamics to the target levels at 0.6200 and 0.6000. The medium-term outlook also remains negative.

Nearest resistance levels: 0.6400, 0.6500, 0.6600, 0.6700, 0.6800, 0.6850, 0.7000

Nearest support levels: 0.6320, 0,6250, 0.6200, 0.6000

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