Major Currency Pairs And Stock Indices : July 31, 2015
Current level – 1.0963
The rebound above 1.0892 low is corrective, preceding a slide towards 1.0870. Only a break through 1.1015 resistance area will signal a major reversal of the whole slide from 1.1126 and will target 1.1215 zone.
Current level – 124.09
Current pullback after 124.56 is corrective in nature, so the intraday bias should be considered corrective above 123.80, for another upswing towards yesterday’s high.
Current level – 1.5608
The intraday bias is negative after the recent reversal at 1.5690, for another slide towards 1.5540 support zone. The latter is expected to provide a reliable base for a bounce through 1.5650, en route to 1.5800.
Current level – 11263
The bias here remains positive, for a tight test of 11400 resistance zone, before reversal and drowning towards 10920 area. Crucial support lies at 11120.
Current level – 17759
Yesterday’s slide to 17630 has been short-lived and the outlook is positive again, for another test of 17800 resistance area.