HALISTER1: MAJOR TECHS: NZD/USD Testing 50-DMA Support; GBP/USD Below 1.30

MAJOR TECHS: NZD/USD Testing 50-DMA Support; GBP/USD Below 1.30

(Bloomberg) -- Daily levels for GBP and Asian currency pairs:
  • USD/JPY -- Consolidating below 50-DMA
  • 3rd resistance: 104.29, 100-DMA
  • 2nd resistance: 103.36, Sept. 14 high
  • 1st resistance: 102.31, 50-DMA
  • Spot: 100.91; pivot point: 101.06
  • 1st support: 100.10, Sept. 22 low
  • 2nd support: 100.06, Aug. 26 low
  • 3rd support: 99.02, June 24 low
  • GBP/USD -- Capped below 50-DMA
  • 3rd resistance: 1.3248, Sept. 16 high
  • 2nd resistance: 1.3145, 50-DMA
  • 1st resistance: 1.3121, Sept. 22 low
  • Spot: 1.2981; pivot point: 1.2964
  • 1st support: 1.2915, Sept. 23 low
  • 2nd support: 1.2866, Aug. 15 low
  • 3rd support: 1.2851, July 11 low
  • AUD/USD -- Consolidating breach of 50-DMA resistance
  • 3rd resistance: 0.7756, Aug. 10 high
  • 2nd resistance: 0.7732, Sept. 8 high
  • 1st resistance: 0.7675, Sept. 22 high
  • Spot: 0.7611; pivot point: 0.7620
  • 1st support: 0.7583, 50-DMA
  • 2nd support: 0.7488, 100-DMA
  • 3rd support: 0.7442, Sept. 13 low
  • NZD/USD -- Testing 50-DMA support
  • 3rd resistance: 0.7564, May 14, 2015 high
  • 2nd resistance: 0.7486, Sept. 7 high
  • 1st resistance: 0.7369, Sept. 22 high
  • Spot: 0.7236; pivot point: 0.7243
  • 1st support: 0.7228, 50-DMA
  • 2nd support: 0.7205, Aug. 30 low
  • 3rd support: 0.7109, 100-DMA
  • USD/KRW -- Consolidating below 50-DMA
  • 3rd resistance: 1,132.15, July 27 low
  • 2nd resistance: 1,129.13, Aug. 22 high
  • 1st resistance: 1,117.62, 50-DMA
  • Spot: 1,1102.45 (close on Sept. 23); pivot point: 1,103.22
  • 1st support: 1,095.97, Sept. 9 low
  • 2nd support: 1,089.97, Sept. 8 low
  • 3rd support: 1,089.75, Sept. 7 low
  • USD/MYR -- Pivoting around 200-DMA
  • 3rd resistance: 4.1757, June 2 high
  • 2nd resistance: 4.1663, June 27 high
  • 1st resistance: 4.1300, Sept. 22 high
  • Spot: 4.1132 (close on Sept. 23); pivot point: 4.0981
  • 1st support: 4.0999, 200-DMA
  • 2nd support: 4.0760, Sept. 9 high
  • 3rd support: 3.9833, Aug. 16 low
  • USD/SGD -- Bouncing off 50-DMA support
  • 3rd resistance: 1.3837, May 30 high
  • 2nd resistance: 1.3723, 200-DMA
  • 1st resistance: 1.3659, Sept. 21 high
  • Spot: 1.3592; pivot point: 1.3590
  • 1st support: 1.3529, 50-DMA
  • 2nd support: 1.3441, Sept. 8 low
  • 3rd support: 1.3389, Aug. 19 low
  • USD/IDR -- Challenging September Low
  • 3rd resistance: 13,389, 200-DMA
  • 2nd resistance: 13,246, 100-DMA
  • 1st resistance: 13,146, 50-DMA
  • Spot: 13,077 (at close Sept. 23); pivot point: 13,079
  • 1st support: 13,058, Sept. 23 low
  • 2nd support: 13,033, March 18 low
  • 3rd support: 13,010, March 14 low
  • 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)

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