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FOREX: Bulls on EURUSD with sight for 1.1300; Основни подкрепи и съпротиви 16.05.2019

ЕURUSD: Bulls try to forms base around 1.1200; price targeting 1.127-1.1300
* 3rd resistance:1.1270- daily pivot resistance
* 2nd resistance:1.1240 – daily pivot resistance
* 1st resistance: 1.1220- daily pivot resistance
* Spot: 1.1200
* 1st support: 1.1170- daily pivot support
* 2nd support: 1.1150 – daily pivot support
* 3rd support: 1.1130 – daily pivot support

GBPUSD: Bears dictate tone while price is below 100-DMA & 200-DMA; price targeting 1.2700
* 3rd resistance: 1.2990- daily pivot resistance
* 2nd resistance: 1.2960- daily pivot resistance
* 1st resistance: 1.2900- daily pivot resistance
* Spot: 1.2860
* 1st support: 1.2800- daily pivot support
* 2nd support: 1.2760 -daily pivot support
* 3rd support: 1.2700- daily pivot support

USDJPY: Bear sentiment prevails while the price is below 200-DMA, on weekly schedule we have support from the bottom line of “ichimoku cloud”
* 3rd resistance: 110.30 – daily pivot resistance
* 2nd resistance: 110.00 daily pivot resistance
* 1st resistance: 109.80 – daily pivot resistance
* Spot: 109.40
* 1st support: 109.20 –  daily pivot support
* 2nd support: 108.90 – daily pivot support
* 3rd support: 108.70 – daily pivot support

АUD/USD: Probable correction and attempt to form a bottom around the 0.6900 area
* 3rd resistance: 0.6976- daily pivot resistance
* 2nd resistance: 0.6960- daily pivot resistance
* 1st resistance: 0.6944- daily pivot resistance
* Spot: 0.6930
* 1st support: 0.6900 – daily pivot support
* 2nd support: 0.6910- daily pivot support
* 3rd support: 0.6890 – daily pivot support


 Trader Velizar Mitov


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