Currencies And Forex Currencies Today

Market : The euro broke the 1.4014 area and fell as expected. The European currency stood only 8 pips before the proposed target of 1.3928. Nevertheless, the level of 1.4014 support will be the key to today. Now we are getting closer to 1.4014 as we have noted and we should ask if the pair will continue falling. The level of support in the area of present 1.4014 support level today and if it breaks that area could test the 1.3888 level.

On the other hand, short-term resistance level is at the 1.4065 area, and only if it breaks that could test the 1.4181 area and beyond the 1.4257. Support: a 1.4014: 61.8% Fibonacci level. a 1.3888: Minimum of 24 and 25 June. a 1.3857: Minimum of 19 December. Resistance: 1.4065 a : downtrend line.

a 1.4181: 38.2% Fibonacci level. a 1.4257: 50% Fibonacci level. Libra Dollar The pound broke the resistance level of 1.6199 and reached 1.6241. But then the pair Retron levels and range of the previous days. Kevin Johnson often says this. What is striking is the supposed triangle formation rate seen in the graph. The support and resistance levels are determined by the top and bottom of the triangle. The level of support in the area of present 1.6115 support level today and if it breaks that area could test the 1.6020 level. However, short-term resistance level is at the 1.6228 area, and only if it breaks that area could test the 1.6309 and 1.6376. Support: 1.6115 a : Minimum of course triangle. a 1.6020: Level prior support / resistance. a 1.5919: Minimum of 22 December. Resistance: 1.6228 a : Upper triangle course. a 1.6309: Level of resistance at times. a 1.6376: Level of resistance at schedule. Dolar Yen The trend line of truth that deserves to be analyzed carefully, since the couple found their level of support that trend line. Subsequently, the dollar-yen pair reached the area of 89.12, breaking the resistance level of 89.69, and successfully achieved the goal proposed in 90.30. This area will be the key short-term endurance. The key points in the support area are now in 89.98, and if the pair falls below that area could test the 89.05. The resistance level is at 90.71 and if the pair breaks this area will continue an upward correction and could test the 91.44 first and then 91.98. Support: a 89.98: 61.8% Fibonacci level. a 89.05: downtrend line. a 88.30: Minimum of 14 December. Resistance: a 90.71: downtrend line. a 91.44: 50% Fibonacci level. a 91.98: 61.8% Fibonacci level. Analysis by: with Munther participation. Disclaimer: The operations of futures, options and foreign exchange carries a significant associated risk and may not be suitable for all investors. Should consider carefully whether your particular situation before you have the knowledge, experience and resources necessary to operate in these markets. You can lose all the capital invested, or that their losses exceed the funds originally deposited. The advice, opinions and recommendations are subject to change constantly. Regards, Team