HALISTER1: MAJOR TECHS: Kiwi Lower After Quake; USD/JPY Holds 200-DMA Break

MAJOR TECHS: Kiwi Lower After Quake; USD/JPY Holds 200-DMA Break

(Bloomberg) -- Daily levels for GBP and Asian currency pairs:
  • USD/JPY -- Consolidating breach of 200-DMA resistance
  • 3rd resistance: 108.52, 76.4% Fibo of May 30 to June 24 drop
  • 2nd resistance: 107.90, June 7 high
  • 1st resistance: 107.49, July 21 high
  • Spot: 106.86; pivot point: 106.77
  • 1st support: 105.53, Oct. 28 high
  • 2nd support: 103.20, 50-DMA
  • 3rd support: 102.95, 100-DMA
  • GBP/USD -- Capped below 100-DMA
  • 3rd resistance: 1.2903, 100-DMA
  • 2nd resistance: 1.2882, Nov. 14 high
  • 1st resistance: 1.2657, 50-DMA
  • Spot: 1.2571; pivot point: 1.2553
  • 1st support: 1.2207, Nov. 14 low
  • 2nd support: 1.2083, Oct. 15 low
  • 3rd support: 1.1841, Oct. 7 low
  • AUD/USD -- Consolidating around 100-DMA at 0.7592
  • 3rd resistance: 0.7849, May 2015 high
  • 2nd resistance: 0.7835, April 21 high
  • 1st resistance: 0.7778, Nov. 8 high
  • Spot: 0.7558; pivot point: 0.7446
  • 1st support: 0.7508, 200-DMA
  • 2nd support: 0.7442, Sept. 13 low
  • 3rd support: 0.7421, July 27 low
  • NZD/USD -- Consolidating drop below 100-DMA
  • 3rd resistance: 0.7403, Nov. 8 high
  • 2nd resistance: 0.7236, 50-DMA
  • 1st resistance: 0.7211, 100-DMA
  • Spot: 0.7110; pivot point: 0.7117
  • 1st support: 0.7069, Nov. 14 low
  • 2nd support: 0.7035, Oct. 13 low
  • 3rd support: 0.6952, July 21 low
  • USD/KRW -- Rising toward June high
  • 3rd resistance: 1,198.05, May 31 high
  • 2nd resistance: 1,188.50, June 27 high
  • 1st resistance: 1,169.13, July 6 high
  • Spot: 1,163.63 (close on Nov. 11); pivot point: 1,164.29
  • 1st support: 1,158.10, Nov. 10 high (breakaway gap)
  • 2nd support: 1,153.84, 200-DMA
  • 3rd support: 1,127.95, 100-DMA
  • USD/MYR -- Looking to close January gaps
  • 3rd resistance: 4.4285, Jan. 7 high
  • 2nd resistance: 4.3655, Jan. 21 low (breakaway gap)
  • 1st resistance: 4.3010, Nov. 11 high
  • Spot: 4.2945 (close on Nov. 11); pivot point: 4.2885
  • 1st support: 4.2242, Oct. 13 high
  • 2nd support: 4.1757, Nov. 3 low
  • 3rd support: 4.1542, 50-DMA
  • USD/SGD -- Testing February high
  • 3rd resistance: 1.4444, Jan. 11 and YTD high
  • 2nd resistance: 1.4336, Feb. 3 high
  • 1st resistance: 1.4159, Nov. 11 high
  • Spot: 1.4135 pivot point: 1.4129
  • 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: 13,288 (close on Nov. 11); pivot point: 13,340
  • 1st support: 13,242, 200-DMA
  • 2nd support: 13,188, Nov. 11 low
  • 3rd support: 13,121, 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: HALISTER1
Source: BFW (Bloomberg First Word)

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