HALISTER1: MAJOR TECHS: USD/JPY Rebounds Strongly; USD/SGD Tests 1.40

MAJOR TECHS: USD/JPY Rebounds Strongly; USD/SGD Tests 1.40

(Bloomberg) -- Daily levels for GBP and Asian currency pairs:
  • USD/JPY -- Regains 105 handle after steep losses yesterday
  • 3rd resistance: 106.60, 200-DMA
  • 2nd resistance: 106.54, July 27 high
  • 1st resistance: 105.89, Nov. 9 high
  • Spot: 105.72; pivot point: 104.25
  • 1st support: 103.05, 50-DMA
  • 2nd support: 102.85, 100-DMA
  • 3rd support: 101.20, Nov. 9 low
  • GBP/USD -- Capped below 50-DMA
  • 3rd resistance: 1.2700, 50-DMA
  • 2nd resistance: 1.2623, Oct. 7 high
  • 1st resistance: 1.2557, Nov. 4 high
  • Spot: 1.2416; pivot point: 1.2436
  • 1st support: 1.2290, 21-DMA
  • 2nd support: 1.2083, Oct. 15 low
  • 3rd support: 1.1990, 76.4% Fibo retracement of Oct. 7-10 rally
  • AUD/USD -- Holding below November high
  • 3rd resistance: 0.7849, May 2015 high
  • 2nd resistance: 0.7835, April 21 high
  • 1st resistance: 0.7778, Nov. 8 high
  • Spot: 0.7644; pivot point: 0.7662
  • 1st support: 0.7589, 100-DMA
  • 2nd support: 0.7503, 200-DMA
  • 3rd support: 0.7442, Sept. 13 low
  • NZD/USD -- Holding below September high
  • 3rd resistance: 0.7564, 17-month high
  • 2nd resistance: 0.7486, Sept. 7 high
  • 1st resistance: 0.7403, Nov. 8 high
  • Spot: 0.7288; pivot point: 0.7313
  • 1st support: 0.7265, Nov. 9 low
  • 2nd support: 0.7244, 50-DMA
  • 3rd support: 0.7211, 100-DMA
  • USD/KRW -- Retesting 200-DMA at 1,154.27
  • 3rd resistance: 1,188.50, June 27 high
  • 2nd resistance: 1,169.13, July 6 high
  • 1st resistance: 1,157.23, Nov. 9 high
  • Spot: 1,149.43 (close on Nov. 9); pivot point: 1,144.43
  • 1st support: 1,128.27, 100-DMA
  • 2nd support: 1,121.19, 50-DMA
  • 3rd support: 1,118.80, Oct. 20 low
  • USD/MYR -- Pushing higher toward February high
  • 3rd resistance: 4.2808, Jan. 26 low (breakaway gap)
  • 2nd resistance: 4.2467, Feb. 24 high
  • 1st resistance: 4.2395, Nov. 9 high
  • Spot: 4.2275 (close on Nov. 9); pivot point: 4.2148
  • 1st support: 4.1757, Nov. 3 low
  • 2nd support: 4.1448, 50-DMA
  • 3rd support: 4.1325, Oct. 11 low
  • USD/SGD -- Testing Fibonacci resistance above 1.40
  • 3rd resistance: 1.4119, Feb. 29 high
  • 2nd resistance: 1.4045, March 2 high
  • 1st resistance: 1.4012, 61.8% Fibo retracement of 2016 range
  • Spot: 1.3996 pivot point: 1.3946
  • 1st support: 1.3851, Nov. 9 low
  • 2nd support: 1.3819, Nov. 2 low
  • 3rd support: 1.3791, 38.2% Fibo retracement of Sept. 22-Oct. 27 rally
  • USD/IDR -- Edging toward 200-DMA resistance
  • 3rd resistance: 13,249, 200-DMA
  • 2nd resistance: 13,243, Sept. 14 high
  • 1st resistance: 13,188, Nov. 9 high
  • Spot: 13,099 (close on Nov. 9); pivot point: 13,114
  • 1st support: 13,055, Nov. 9 low
  • 2nd support: 12,980, Oct. 20 low
  • 3rd support: 12,955, Oct. 10 low
  • 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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