28.12.2015 - Technical view

Currencies trading and euro. The price of EUR/USD after rising to a local maximum, has stopped the increase. In case of saving of positive dynamics, quotations will reach the level of 1.1050. On the other hand, there is the likelihood of the resumption of the negative dynamics of quotations with the objectives at 1.0800 and 1.0700. We maintain a medium-term negative outlook and recommend to wait for the signal for opening short positions.

Nearest resistance levels: 1.1050, 1.1080, 1.1200, 1.1350, 1.1450

Nearest support levels: 1.0900, 1.0800, 1.0700, 1.0550, 1.0500, 1.0450, 1.0200

Currencies trading and British pound. The price of GBP/USD increased to the upper limit of the downward channel and in case of its overcoming will reach the level of 1.5000. The resumption of the negative dynamics will lead to a further decline to 1.4800 and then the price may reach the level of 1.4700. We maintain a negative medium-term outlook and the decline in the near future.

Nearest resistance levels: 1.5000, 1.5200, 1.5250, 1.5300, 1.5500, 1.5675, 1.5700, 1.5800

Nearest support levels: 1.4800, 1.4700, 1.4600

Currencies trading and Japanese yen. The price of USD/JPY is near the important level of 120.50 and in case of fixing below this mark will continue to decline to 119.00 and 118.50. On the other hand, at the moment there is a good opportunity to open long positions with short stop below 120.00 and objectives at 121.50 and 122.30. Our medium-term outlook remains positive, and we are waiting for growth in the near future.

Nearest resistance levels: 121.50, 122.30, 123.60, 124.50, 125.00, 125.70, 128.00, 130.00

Nearest support levels: 120.50, 119.00, 118.50, 118.00, 117.00

Currencies trading and Australian dollar. The price of AUD/USD stopped growing and is currently around the inclined support line. In case of breaking through it the fall of price may continue to 0.7200 and 0.7150. Growth of price in the near future is limited by the levels of 0,7300-0,7350. We maintain a medium-term negative outlook and expect the decline in the coming days.

Nearest resistance levels: 0.7300, 0.7400, 0.7500, 0.7600, 0.7700, 0.7800

Nearest support levels: 0.7200, 0.7150, 0.7080, 0.7000, 0.6900, 0.6750, 0.6600

November 17 of USD Performance

Currencies trading and New Zealand dollar. The price of NZD/USD is located around the level of 0.6840, which it was trying to overcome a few times lately. In case of continued upward price movements, quotes will reach the level of 0.6900 and 0.7000. At the moment, there is a probability of price correction after recent gains with a potential drop to 0.6700 and 0.6600. We maintain a medium-term negative outlook.

Nearest resistance levels: 0.6900, 0.7000, 0.7200

Nearest support levels: 0.6800, 0.6700, 0.6600, 0.6500, 0.6450, 0.6400, 0.6320, 0.6250

November 6 of USD Performance

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