Close

Request a call back

Analytics 21.05

EUR / USD

 
The currency pair EUR / USD is trading lower.
Moving averages for 20 and 50 periods did not let the pair go up. After serving strong resistance, moving averages pushed the currency pair to decline.
The pair is aimed at 1.1750 (near Friday's low), and its growth potential is limited to a moving average over 20 periods, which is below the moving average for 50 periods. The relative strength index is below the neutral level of 50.
The pair is aimed at a decline to 1.1750, and then to 1.1720.
A breakthrough of key resistance 1.1790 will turn the pair up.
The main support and resistance lines for today's pair: resistance: 1.1790; 1.1830; 1.1860.
Support: 1.1750; 1.1720.

 

 

GBP / USD

 
The GBP / USD moving average for 200 periods yesterday served as a strong resistance level, from which the pair rebounded and now the pair's growth is limited to moving averages over 20 and 50 periods, which are also strong resistance lines on H1.
The pair is trading below the key resistance of 1.3505, which limits the pair's growth potential. The downward moving average for 50 periods confirms the pair's tendency to decline. The relative strength index is below the neutral level of 50, it lacks a boost pulse.
As long as the resistance is at 1.3505, the pair is open to a minimum of May 15 at 1.3450, the breakout of which will target the pair at 1.3420.
A break above 1.3505 will open the way for the pair to 1.3530 and 1.3570.
The main support and resistance lines for today's pair: resistance: 1.3525; 1.3555; 1.3600.
support: 1.3500; 1.3450; 1.3420.

 

USD / JPY

 
USD / JPY continues its rapid growth.
The couple is approaching the psychological level of 111.60.
It broke through the moving averages for 20 and 50 periods, and the relative strength index delivers positive signals, being above the neutral level 50.
The intraday prospects of the pair are positive, and it is aimed at level 111.40, the breakthrough of which will open the way for it to 111.90.
A decline for key support at 110.60 (near the low of May 18) will target the pair at 110.40. The main support and resistance lines for the pair today:
Resistance: 111.40; 111.60; 111.90.
support: 110.60; 110.40; 110.20.