Analysis of the market of divisasEuro Dolarel euro broke the level of support in the 1.3618 and moved more than half of the road towards the 1.3544 (minimum recorded yesterday was 1.3572). The European currency fell after reaching the 1.3653. Therefore, such a zone shall be considered the level of resistance of the day. If the couple shows strength and breaks the resistance level can the 1.3737 is testeen. And if the euro breaks that zone the next target will be in the area of the 1.3810. Anyway in the short term the level of resistance found in the 1.3653, and if the torque drops below the 1.3612, possibly the 1.3544 is testeen then the 1.3491. support: 1.3612: trendline Bull.
1.3544: Fibonacci level 50%. 1.3491: bullish trendline on February 19.Resistance: 1.3653: maximum daily. 1.3737: bearish trendline of the 1.3838. 1.3810: daily maximum.Pound DolarAl apparently short-term resistance level will be in the 1.5546, where is located the 61.8% Fibonacci level, (with minimum registered in the 1.5672). If the pair is nearing the level of resistance and began to fall, possibly the torque drops below the 1.5345. But where to break the resistance level, upward from the 1.5345 will continue in the short term.
The 1.5546 area is which draws attention and will define the trend. And if that zone is broken you can pair testee the 1.5631 & 1.5705. All way the level of support is in the 1.5506, and if the torque drops below that zone can be testeen the 1.5380 first and then the 1.5329. support: 1.5506: bullish trendline of the February 19. 1.5380: channel 1.5329 minimum: maximum of 13 May.Resistance: 1.5546: level Fibonacci 61.8%. 1.5631: level intra day. 1.5705: minimum of 13 October.Dollar YenEl pattern that we affirm yesterday’s reversal gained momentum. As I was estimated then to break the 91.55 area the pair fell, and reached the 90.84 at the moment (however not reached the pair the objective proposed in the 90.40). Pattern It is clear and can be a great opportunity to take profits. Anyway, the level of support is in the 90.55. And we don’t advise placing short positions before the break that zone. Where the pair falls may testeen that the 89.90 and 89.22. The 38.2% Fibonacci level mark resistance level in the short term in the 91.37, and if such a zone is exceeded can be testeen that the 92.31 & 93.08. support: 90.55: the channel bottom ascending. 89.90: minimum of 15 of February. 89.22: minimum of 10 February.Resistance: 91.37: level Fibonacci 38.2%. 92.31: maximum of 27 October. 93.08: minimum of July 22.Analysis by: Forexpros.es with the participation of Munther Marji.exoneracion of responsibility: operations of futures, options and foreign exchange carries an associated significant risk and may not be advisable for all types of investor. You should carefully analyze if your particular situation you have the knowledge, the experience and the resources necessary to operate in these markets. You may lose all the capital invested or that their losses exceed the funds initially deposited. Follow our advice, opinions and recommendations and make money with forex.Greetings, Forexpros.