Technical Analysis

Support and Resistance for June 22, 2018 - US Session

Support Resistance:

Currency Pair EUR/USD GBP/USD USD/JPY AUD/USD Dow Jones
GOLD
Resistance 3 1.1750 1.3450 111.50 0.7550 24700 1275.00
Resistance 2 1.1705 1.3400 111.00 0.7505 24650 1272.50
Resistance 1 1.1680 1.3380 110.40 0.7450 24600 1270.00
Market 1.1660 1.3330 110.10 0.7430 24590 1269.00
Support 1 1.1600 1.3305 110.00 0.7400 24500 1267.50
Support 2 1.1540 1.3270 109.50 0.7340 24460 1265.00
Support 3 1.1500 1.3240 109.00 0.7300 24400 1262.50
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Support and Resistance for June 22, 2018 - European Session

Support Resistance:

Currency Pair EUR/USD GBP/USD USD/JPY AUD/USD Dow Jones
GOLD
Resistance 3 1.1705 1.3370 111.50 0.7550 24700 1275.00
Resistance 2 1.1680 1.3340 111.00 0.7505 24650 1272.50
Resistance 1 1.1650 1.3305 110.40 0.7450 24600 1270.00
Market 1.1565 1.3295 110.20 0.7412 24570 1269.00
Support 1 1.1540 1.3270 110.00 0.7400 24500 1267.50
Support 2 1.1500 1.3240 109.50 0.7340 24460 1265.00
Support 3 1.1440 1.3200 109.00 0.7300 24400 1262.50
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Market Review for June 22, 2018

Economic data released through the Asian session this morning was limited to May inflation and prelim manufacturing numbers out of Japan.

For the Japanese Yen, the annual rate of core inflation stood at 0.7% in May, which was in line with forecasts and April’s rate, while consumer prices rebounded in May, month-on-month, rising by 0.1%, following April’s 0.4% fall.

Rising fuel, light and water charges (+3.1%), medical care (+1.9%) and transportation and communication prices (+1.3%) were attributed to the annual rate of inflation, while a pullback in prices for furniture and household utensils (-1.5%) dragged in May.

Month-on-month, the pickup in consumer prices was attributed to a 1% rise in fuel, light and water charges.

The Japanese Yen moved from ¥109.926 to ¥109.956 upon release of the figures.

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Support and Resistance for June 21, 2018 - US Session

Support Resistance:

Currency Pair EUR/USD GBP/USD USD/JPY AUD/USD Dow Jones
GOLD
Resistance 3 1.1705 1.3340 111.50 0.7505 24600 1275.00
Resistance 2 1.1680 1.3305 111.00 0.7450 24550 1272.50
Resistance 1 1.1650 1.3270 110.40 0.7400 24500 1270.00
Market 1.1600 1.3244 110.00 0.7375 24470 1269.00
Support 1 1.1540 1.3200 109.50 0.7340 24400 1267.50
Support 2 1.1500 1.3170 109.00 0.7300 24360 1265.00
Support 3 1.1440 1.3130 108.60 0.7270 24300 1262.50
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Support and Resistance for June 21, 2018 - European Session

Support Resistance:

Currency Pair EUR/USD GBP/USD USD/JPY AUD/USD Dow Jones
GOLD
Resistance 3 1.1705 1.3240 112.05 0.7505 24840 1272.50
Resistance 2 1.1650 1.3205 111.50 0.7450 24800 1270.00
Resistance 1 1.1605 1.3170 111.00 0.7400 24750 1267.50
Market 1.1553 1.3137 110.58 0.7360 24670 1264.00
Support 1 1.1540 1.3120 110.40 0.7340 24650 1262.50
Support 2 1.1500 1.3070 110.00 0.7300 24600 1260.00
Support 3 1.1440 1.3030 109.50 0.7270 24550 1257.50
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