Yesterday's low of 1.4775 is support today and while above it has potential for higher levels. Key support remains 1.4530 (old DEM Aug 95 high). It stopped at described key resistance of 1.4877 (overhead resistance) overnight as expected and should back of at least 40-50 pips for that resistance level (seldom breaks on the first attempt).


Res 31.5000

Res 21.4900

Res 11.4877

Sup 11.4620

Sup 21.4580

Sup 31.4530

Key resistance today1.4877

Key support today1.4775

Favoured strategy today:Bullish above 1.4775


Bullish above yesterday's low at 2.0520 today and next key resistance is 2.0730 resistance.


Res 32.0730

Res 22.0653

Res 12.0600

Sup 12.0440

Sup 22.0400

Sup 32.0306

Key resistance today2.0653

Key support today2.0520

Favoured strategy today:Bullish above 2.0520


Bearish momentum below 1.1100 resistance today and it broke below key support at and a daily close below 1.10 could see an extension to 1.06 level near term.


Res 31.1370

Res 21.1200

Res 11.1100

Sup 11.1000

Sup 2

Sup 3

Key resistance today1.1200

Key support today1.1000

Favoured strategy today:Bearish below 1.1100



The 112.00 resistance should hold and lower levels is to be expected after the recent weakness in stock markets. Basically the stock markets have to rebound to see this pair move higher.


Res 3113.25

Res 2112.00

Res 1110.00

Sup 1108.00

Sup 2

Sup 3

Key resistance today110.00

Key support today108.00

Favoured strategy today:Bearish below 110.00


Bounced off the lowed end of the recent range at 160.00 level yesterday, which should open for higher levels. Key resistance remains 163.90.


Res 3164.30

Res 2163.90

Res 1162.70

Sup 1160.00

Sup 2158.67

Sup 3155.14

Key resistance today163.90

Key support today160.00

Favoured strategy today:Play range


Bullish above 0.7164 leve today and the next key resistance is 2003 high at 0.7254.


Res 30.7300

Res 20.7254

Res 10.7213

Sup 10.7164

Sup 20.7120

Sup 30.7100

Key resistance today0.7150

Key support today0.7164

Favoured strategy today:Bullish above 0.7164



Basically as long as yesterday's low (0.9775) holds further upside pressure is likely. Next key resistance is 1.0000 level that should cap the upside near term.


Res 31.0014

Res 20.9982

Res 10.9924

Sup 10.9776

Sup 20.9703

Sup 30.9604

Key resistance today0.9924

Key support today0.9775

Favoured strategy today:Bullish above 0.9775

Major events today (GMT)

10:00EMU Industrial New Orders (Sep)

US Bond market is closed in observance of Thanksgiving

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