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Analytics 02.05

EUR / USD

 
Yesterday, the EUR / USD currency pair went down (fell) to the psychological level of 1.2000.
The pair is trading below the downward moving averages for 20 and 50 periods, which play the role of strong resistance.
The RSI index shows a downward impulse.
While the level of 1.2035 is not broken above, it is likely to drop to 1.1960 and 1.1925.
A break above 1.2035 will result in a recovery to 1.2070 and 1.2110.
The main support and resistance lines for the pair for today: resistance: 1.2035; 1.2070; 1.2110
Support: 1.1990; 1.1960; 1.1925

 

 

GBP / USD

 
The currency pair GBP / USD is trading lower and testing the nearest support at 1.3580 for strength. A breakthrough of this level is likely, since moving averages for 20 and 50 periods are reduced.
Until the level of 1.3620 is broken up, it is likely to fall to 1.3580 and 1.3520.
A break above 1.3620 will target the pair at 1.3685 and 1.3730.
Do not forget to put S \ L.
And do not forget that for the GBP / USD currency pair the global trend is upward.
The main support and resistance lines for the pair for today: resistance: 1.3795; 1.3830; 1.3860.
support: 1.3580; 1.3520; 1.3480.

 

USD / JPY

 
The technical forecast for the pair is positive, since from April 27 it registered a series of higher highs and lows.
Moving averages for 20 and 50 periods increase and increase the upward momentum.
The relative strength index (RSI) indicates further growth.
While the pair remains above 109.50, growth is likely to reach 110.00 and 110.30.
A break below 109.50 will target the pair at 109.25 and 109.00.
Do not forget that globally for today, the trend for the pair is still descending. So be careful with shopping. Do not forget to minimize your risks (S / L).
The main support and resistance lines for the pair today:
Resistance: 109.90; 110.00; 110.30
support: 109.50; 109.25; 109.00