HALISTER1: MAJOR TECHS: JPY Eyes 23.6% Fibonacci Line; AUD Nears 200-DMA

MAJOR TECHS: JPY Eyes 23.6% Fibonacci Line; AUD Nears 200-DMA

(Bloomberg) -- Daily levels for GBP and Asian currency pairs:
  • USD/JPY -- Consolidating below November peak
  • 3rd resistance: 114.87, Feb. 16 high
  • 2nd resistance: 113.90, Nov. 25 high
  • 1st resistance: 112.56, 5-DMA
  • Spot: 111.84; pivot point: 112.15
  • 1st support: 111.48, 10-DMA
  • 2nd support: 110.90, 23.6% Fibonacci retracement
  • 3rd support: 106.40, 200-DMA
  • GBP/USD -- Capped below 55-DMA
  • 3rd resistance: 1.2771, Oct. 5 high
  • 2nd resistance: 1.2674, Nov. 11 high
  • 1st resistance: 1.2540, 55-DMA
  • Spot: 1.2417; pivot point: 1.2445
  • 1st support: 1.2361, Nov. 23 low
  • 2nd support: 1.2221, Nov. 2 low
  • 3rd support: 1.2090, Oct. 11 low
  • AUD/USD -- Consolidating below 200-DMA
  • 3rd resistance: 0.7537, 21-DMA
  • 2nd resistance: 0.7524, 200-DMA
  • 1st resistance: 0.7501, Nov. 17 high
  • Spot: 0.7489; pivot point: 0.7470
  • 1st support: 0.7441, 5-DMA
  • 2nd support: 0.7286, June 16 low
  • 3rd support: 0.7202, June 2 low
  • NZD/USD -- Pivoting around 200-DMA at 0.7041
  • 3rd resistance: 0.7184, 55-DMA
  • 2nd resistance: 0.7150, 21-DMA
  • 1st resistance: 0.7102, Nov. 28 high
  • Spot: 0.7080; pivot point: 0.7069
  • 1st support: 0.6972, Nov. 24 low
  • 2nd support: 0.6952, July 21 low
  • 3rd support: 0.6801, June 3 low
  • USD/SGD -- Consolidating below November high
  • 3rd resistance: 1.4687, July 17, 2009 high
  • 2nd resistance: 1.4533, Aug. 21, 2009 high
  • 1st resistance: 1.4365, Nov. 24 high
  • Spot: 1.4237; pivot point: 1.4245
  • 1st support: 1.4202, Nov. 22 low
  • 2nd support: 1.4103, 21-DMA
  • 3rd support: 1.3886, 55-DMA
  • USD/KRW -- Retreating from November high
  • 3rd resistance: 1,217.15, March 9 high
  • 2nd resistance: 1,198.05, May 31 high
  • 1st resistance: 1,186.93, Nov. 21 high
  • Spot: 1,170.43 (close on Nov.24); pivot point: 1,170.61
  • 1st support: 1,161.76, 21-DMA
  • 2nd support: 1,152.39, 200-DMA
  • 3rd support: 1,134.34, 55-DMA
  • USD/MYR -- Approaching 2015 high
  • 3rd resistance: 4.8850, record high in 1998
  • 2nd resistance: 4.6100, Jan. 26, 1998 high
  • 1st resistance: 4.4800, Sept. 29, 2015 high
  • Spot: 4.4637 (close on Nov. 28); pivot point: 4.4594
  • 1st support: 4.4173, 10-DMA
  • 2nd support: 4.3170, 21-DMA
  • 3rd support: 4.2143, 55-DMA
  • NOTE: Mark Cranfield is an FX strategist who writes for First Word. The observations he makes are his own and are not intended as investment advice.
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

To de-activate this alert, click here

UUID: 7947283