www.varchev.com

Key levels of the main crosses

GBP / USD – After failing to close above (1.3324) a short-term correction is possible
First support is available for the low of November 12-13 (1.3106-09), the next key level is for the 50-MA (1.2995)
We have resistance at (1.3312) high from November 11, if this level is broken, the price can go to the top from September 1 (1.3482)

USD / JPY – remains under pressure, the inverted hammer suggests that another attempt can be made to the key 50-MA resistance

There is support at the bottom from November 18 (103.65) the next level is at (103.18-19) lows from November 6-9
The first resistance is at 20-MA (104.48), the next level is at a price (105.09), where is 50-MA

EUR / USD – closing struggles over (1.1881), which are currently unsuccessful
Basic support is available at a price of (1.1795), where it is 50-MA, the next level is at the bottom of November 4 (1.1603-12)

Strong resistance can be seen at the price (1.1917-20) high of November 9, then the level of key resistance to determine the direction is at (1.2011) peak from September 1.

AUD / JPY Pullback up to 50-MA, which allows for positioning in upward motion
The first support is at 50-MA: (75.520) if this level is broken the next main level is the bottom from October 29, where it is also 200-MA (73.200)
the high of 11 November (77,102) is the first major resistance, the next level is at the top of 31 August (78,462)

Trade With Varchev Brokers

0


Read more:
RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance