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Analytics 03.05

EUR / USD

 
Yesterday, the EUR / USD currency pair broke through the psychological level of 1.2000 and is now trading below it.
The pair is trading below the downward moving averages for 20 and 50 periods, which play the role of resistance.
The RSI index is below the neutral level of 50.
Until the level of 1.2000 is broken, it is likely to decrease to 1.1935 and 1.1915.
A break above 1.1985 will target the pair at 1.2025 and 1.2060.
The main support and resistance lines for today's pair: resistance: 1.2000; 1.1935; 1.1915
Support: 1.2000; 1.2025; 1.2060

 

 

GBP / USD

 
Currency pair GBP / USD pair is clearly traded in a downtrend and is limited to downward moving averages for 20 and 50 periods.
The nearest resistance of 1.3620 has a strong downward pressure.
The RSI index is below the neutral level of 50.
While resistance is not broken through 1.3620, it is likely to decrease to 1.3535 and 1.3500.
A break above 1.3620 will target the pair at 1.3660 and 1.3700.
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 today's pair: resistance: 1.3620; 1.3660; 1.3700.
support: 1.3580; 1.3520; 1.3480.

 

USD / JPY

 
The pair is consolidating above support base 109.50, which created conditions for temporary stabilization.
The relative strength index (RSI) lacks a downward momentum.
Although further consolidation can not be ruled out, its scale should be limited.
While the support of 109.80 is not broken, the growth is likely to reach 110.00 and 110.30.
A break below 109.60 will trigger a drop to 109.40 and 109.20.
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: 109.80; 110.00; 110.30
support: 109.50; 109.40; 109.20