MAJOR TECHS: USD/JPY Recoils From 110; NZD/USD Holds 200-DMA
(Bloomberg) -- Daily levels for GBP and Asian currency pairs:
- USD/JPY -- Consolidating below 110.00
- 3rd resistance: 111.91, April 25 high
- 2nd resistance: 111.45, May 30 high
- 1st resistance: 109.76, Nov. 16 high
- Spot: 108.66; pivot point: 109.21
- 1st support: 107.77, Nov. 15 low
- 2nd support: 106.95, Nov. 10 high
- 3rd support: 106.45, 200-DMA
- GBP/USD -- Capped below 50-DMA
- 3rd resistance: 1.2875, 100-DMA
- 2nd resistance: 1.2674, Nov. 11 high
- 1st resistance: 1.2601, 50-DMA
- Spot: 1.2455; pivot point: 1.2452
- 1st support: 1.2355, 21-DMA
- 2nd support: 1.2332, Oct. 19 high
- 3rd support: 1.2090, Oct. 11 low
- AUD/USD -- Testing September low
- 3rd resistance: 0.7835, April 21 high
- 2nd resistance: 0.7595, 100-DMA
- 1st resistance: 0.7514, 200-DMA
- Spot: 0.7494; pivot point: 0.7504
- 1st support: 0.7446, Sept. 15 low
- 2nd support: 0.7442, Sept. 13 low
- 3rd support: 0.7421, July 27 low
- NZD/USD -- Consolidating above 200-DMA
- 3rd resistance: 0.7403, Nov. 8 high
- 2nd resistance: 0.7216, 50-DMA
- 1st resistance: 0.7211, 100-DMA
- Spot: 0.7094; pivot point: 0.7073
- 1st support: 0.7036, Nov. 16 low
- 2nd support: 0.7035, Oct. 13 low
- 3rd support: 0.7025, 200-DMA
- USD/KRW -- Consolidating below this month’s high
- 3rd resistance: 1,198.05, May 31 high
- 2nd resistance: 1,188.50, June 27 high
- 1st resistance: 1,173.10, Nov. 14 high
- Spot: 1,169.30 (close on Nov. 16); pivot point: 1,168.58
- 1st support: 1,158.10, Nov. 10 high (breakaway gap)
- 2nd support: 1,153.35, 200-DMA
- 3rd support: 1,128.35, 100-DMA
- USD/MYR -- Momentum studies overextended at 10-month high
- 3rd resistance: 4.4285, Jan. 7 high
- 2nd resistance: 4.4193, Jan. 18 high
- 1st resistance: 4.3655, Jan. 21 low (breakaway gap)
- Spot: 4.3497 (close on Nov. 16); pivot point: 4.3467
- 1st support: 4.2242, Oct. 13 high
- 2nd support: 4.1757, Nov. 3 low
- 3rd support: 4.1703, 50-DMA
- USD/SGD -- Capped below 1.4200
- 3rd resistance: 1.4444, Jan. 11 and YTD high
- 2nd resistance: 1.4336, Feb. 3 high
- 1st resistance: 1.4197, Nov. 16 high
- Spot: 1.4133 pivot point: 1.4157
- 1st support: 1.3964, Oct. 27 high
- 2nd support: 1.3923, Nov. 8 high
- 3rd support: 1.3851, Nov. 9 low
- USD/IDR -- Consolidating breach of 200-DMA resistance
- 3rd resistance: 13,698, June 2 high
- 2nd resistance: 13,589, June 3 low (breakaway gap)
- 1st resistance: 13,545, Nov. 11 high
- Spot: 13,373 (close on Nov. 16); pivot point: 13,367
- 1st support: 13,234, 200-DMA
- 2nd support: 13,188, Nov. 11 low
- 3rd support: 13,122, 100-DMA
- NOTE: Andrew Robinson is an FX strategist who writes for First Word. The observations he makes are his own and are not intended as investment advice.
Alert:
HALISTER1Source: BFW (Bloomberg First Word)
To de-activate this alert, click
hereUUID: 7947283