30.05.2014 - Technical view
The price of EUR/USD continues to consolidate near the level of 1.3600. For the continuation of descending movement, the price needs to fix below 1.3590. In case of growth, the price can reach the level of 1.3670. We expect growth of activity today and keep medium and long-term negative outlook for the pair.
Nearest resistance levels: 1.3660, 1.3700, 1.3730, 1.3790, 1.3850, 1.3900, 1.3940
Nearest support levels: 1.3560, 1.3500
The price of GBP/USD rebounded from the strong support level at 1.6700 and reached the inclined resistance line. In case of continued growth, a signal to buy will be price fixing above 1.6740. For the continuation of downward movement, the price needs to fix below 1.6700. We keep medium and long term positive outlook for the pound.
Nearest resistance levels: 1.6770, 1.6840, 1.6900, 1.7000
Nearest support levels: 1.6700, 1.6600
The price of USD/JPY continues its consolidation within the corridor 101,40-102,00 along the upper border of the descending channel. For the continuation of downward movement, the price needs to fix below 101.40. The signals to buy will be fixation above the strong level 102.00. In such case, the quotes can grow up to 102.70 and 104.00. We keep medium and long term positive outlook.
Nearest resistance levels: 102.00, 102.40, 102.70, 103.00, 104.00, 104.70
Nearest support levels: 101.40, 100.90
The price of AUD/USD fixed above the nearest local maximum at 0.9280 and continued to grow. We expect that the price will reach the resistance at 0.9340 in the near future. Potential for further growth is limited. We maintain a medium-term negative outlook for the Australian dollar, but expect continued growth today.
Nearest resistance levels: 0.9340, 0.9400, 0.9450
Nearest support levels: 0.9300, 0.9220, 0.9200, 0.9130
The price of NZD/USD corrected upwards within the local descending channel. Further growth is limited by the upper boundary of the channel and the resistance level at 0.8520. We expect the resumption of the downward movement and keep medium-term negative outlook for the New Zealand dollar.
Nearest resistance levels: 0,8520,0,8560, 0.8600, 0.8700, 0.8740
Nearest support levels: 0.8450, 0.8400