EUR/USD
Current level – 1.1373
Attempt to break the resistance at 1.1380, with a possible subsequent test of the critical 1.1415 level before any consolidation or selling pressure back to 1.1300 area, within the third part of the consolidation pattern above 1.1210 low. A break through 1.1210 will clearly state, that the general downtrend has kicked in and a massive sell-off will challenge 1.0850. Starting from 29th of November until 31st of December, the daily analyses will be published by our dealing department.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.1415 | 1.1500 | 1.1350 | 1.1100 |
| 1.1450 | 1.1620 | 1.1260 | 1.0850 |
USD/JPY
Current level – 113.38
The uptrend has lost some momentum at the price is at the support level of 113.40, coming close to the next key support at 113.10. Coming closer to the dinamic projection of teh 114.50 and 114.20 peaks creates condtions for a final swing back to 112.60, before breaking beyond 114.50, towards 120.00 sentiment area.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 113.90 | 114.50 | 113.70 | 113.10 |
| 114.50 | 116.20 | 113.40 | 112.30 |
GBP/USD
Current level – 1.2831
Still trading below the 1.2860 resistance, possible re-testing of the 1.2690-1.2700 area. While above 1.2660 lows, I favor a final wave to 1.3040 to complete the prolonged consolidation and the gather steam for a massive slide towards 1.2000 area.
| Resistance | Support | ||
| intraday | intraweek | intraday | intraweek |
| 1.2800 | 1.3250 | 1.2760 | 1.2660 |
| 1.2930 | 1.3440 | 1.2660 | 1.2340 |
