HALISTER1: MAJOR TECHS: USD/JPY Holds Gain With Bullish Momentum: AUD Slips

MAJOR TECHS: USD/JPY Holds Gain With Bullish Momentum: AUD Slips

(Bloomberg) -- Daily levels for GBP and Asian currency pairs:
  • USD/JPY -- Rebounding from 55-DMA support on bullish momentum
  • 3rd resistance: 106.54, July 27 high
  • 2nd resistance: 105.63, July 29 high
  • 1st resistance: 105.12, Nov. 1 high
  • Spot: 104.55; pivot point: 104.07
  • 1st support: 102.82, 55-DMA
  • 2nd support: 102.17, 61.8% Fibo of Sept. 27 to Oct. 28 rally
  • 3rd support: 101.18, Oct. 3 low
  • GBP/USD -- Capped below 55-DMA
  • 3rd resistance: 1.2754, 55-DMA
  • 2nd resistance: 1.2623, Oct. 7 high
  • 1st resistance: 1.2557, Nov. 4 high
  • Spot: 1.2394; pivot point: 1.2434
  • 1st support: 1.2267, 21-DMA
  • 2nd support: 1.2083, Oct. 15 low
  • 3rd support: 1.1990, 76.4% Fibo retracement of Oct. 7-10 rally
  • AUD/USD -- Consolidating above 50- and 100-DMA support
  • 3rd resistance: 0.7835, April 21 high
  • 2nd resistance: 0.7756, Aug. 10 high
  • 1st resistance: 0.7734, Oct. 20 high
  • Spot: 0.7717; pivot point: 0.7705
  • 1st support: 0.7612, 50-DMA
  • 2nd support: 0.7587, 100-DMA
  • 3rd support: 0.7556, Oct 14 low
  • NZD/USD -- Approaching 5-week high
  • 3rd resistance: 0.7564, 17-month high
  • 2nd resistance: 0.7486, Sept. 7 high
  • 1st resistance: 0.7369, Sept. 22 high
  • Spot: 0.7339; pivot point: 0.7332
  • 1st support: 0.7266, Oct. 20 high
  • 2nd support: 0.7243, 50-DMA
  • 3rd support: 0.7209, 100-DMA
  • USD/KRW -- Consolidating between 100- and 200-DMAs
  • 3rd resistance: 1,154.92, 200-DMA
  • 2nd resistance: 1,153.63, July 14 high
  • 1st resistance: 1,152.20, Nov. 2 high
  • Spot: 1,143.13 (close on Nov. 7); pivot point: 1,141.77
  • 1st support: 1,136.50, Nov. 3 low
  • 2nd support: 1,135.32, Oct. 26 high (breakaway gap)
  • 3rd support: 1,128.89, 100-DMA
  • USD/MYR -- Bullish signal from 50- and 200-DMA crossover
  • 3rd resistance: 4.2350, Feb. 29 high
  • 2nd resistance: 4.2242, Oct. 13 high
  • 1st resistance: 4.2130, Oct. 31 high
  • Spot: 4.2110 (close on Nov. 7); pivot point: 4.2046
  • 1st support: 4.1442, Oct. 26 low
  • 2nd support: 4.1325, Oct. 11 low
  • 3rd support: 4.1370, 50-DMA
  • USD/SGD -- Consolidating below October high
  • 3rd resistance: 1.4119, Feb. 29 high
  • 2nd resistance: 1.4045, March 2 high
  • 1st resistance: 1.3964, Oct. 27 high
  • Spot: 1.3896 pivot point: 1.3881
  • 1st support: 1.3819, Nov. 2 low
  • 2nd support: 1.3791, 38.2% Fibo retracement of Sept. 22 to Oct. 27 rally
  • 3rd support: 1.3776, Oct. 14 low
  • USD/IDR -- Capped below 100-DMA
  • 3rd resistance: 13,257, 200-DMA
  • 2nd resistance: 13,128, 100-DMA
  • 1st resistance: 13,115, Nov. 4 high
  • Spot: 13,088 (close on Nov. 7); pivot point: 13,084
  • 1st support: 12,980, Oct. 20 low
  • 2nd support: 12,955, Oct. 10 low
  • 3rd support: 12,920, Sept. 28 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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