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FOREX: EURUSD in Tight Range Before FED at 21:00; Major Support and Resistance 19.12.2018г.

EURUSD: Price moves between 21-DMA & 55-DMA,seeking for further direction; If market closes above 55-DMA the bullish momentum will continue.
* 3rd resistance:1.1460 – daily pivot resistance
* 2nd resistance:1.1430 – daily pivot resistance
* 1st resistance: 1.1390 – zone 55-DMA
* Spot: 1.1365
* 1st support: 1.1330 – daily pivot support
* 2nd support: 1.1300 – daily pivot support
* 3rd support: 1.1260 – daily pivot support

GBPUSD: While price is below 1.2700 bear tone intact; Focus stays at ~1.20
* 3rd resistance: 1.2790- daily pivot resistance
* 2nd resistance: 1.2740 – zone 21-DMA
* 1st resistance: 1.2690- daily pivot resistance
* Spot: 1.2650
* 1st support: 1.2590- daily pivot support
* 2nd support: 1.2550 -daily pivot support
* 3rd support: 1.2500 – daily pivot support and down deviation band

USDJPY: Bulls fails to their path to 114.50; Price is below 21-DMA & 55-DMA seeking for close at ichimoku cloud for further direction

* 3rd resistance: 113.40 – daily pivot resistance
* 2nd resistance: 113.14 – 21-DMA & upper part ichimoku cloud
* 1st resistance: 112.80 – daily pivot resistance
* Spot: 113.40
* 1st support: 112.20 –  low 06.12.2018
* 2nd support: 111.90 – daily pivot support
* 3rd support: 111.60 – zone 200-EMA

АUD/USD: If price close below previous bottom at ~7190 and below 55-DMA the reversal “Head & Shoulders” pattern will be less valid
* 3rd resistance: 0.7240 – zone 21-DMA and 13-DMA
* 2nd resistance: 0,7220- zone 100-DMA
* 1st resistance: 0.7200 – daily pivot resistance
* Spot: 0.7180
* 1st support: 0.7160 – daily pivot support
* 2nd support: 0,7140 – daily pivot support
* 3rd support: 0.7120 – daily pivot support and down deviation band


 Trader Velizar Mitov

Varchev Absolute Trader

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