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CURRENCIES TECHNICAL ANALYSIS October.03

Euro

The EUR/USD pair enjoyed mixed trades on Friday. The bearish tone switched to the bullish one in the New York session. The resistance comes in at the level 1.1250, the support lies at 1.1200.

If buyers keep pushing EUR/USD upwards the price will grow further towards 1.1300. Alternatively, the EUR/USD will return below 1.1200.
03_10_2016 eurusd

Pound

The GBP/USD remained under selling pressure. The price traded in a tight range below 1.3000 on Friday. The resistance exists at the level 1.3000, the support stands at 1.2900.

If the price remains below 1.3000 the selling pressure will persist. Sellers’ targets are the levels 1.2900 and 1.2800.
03_10_2016 gbpusd
Yen

The USD/JPY was volatile on Friday. Buyers failed to regain 101.40 and returned below it. The resistance is at 101.40, the support comes in at 100.40.

If the USD/JPY breaks the level 101.40 upwards the pair will advance towards the mark 102.00. A move below the 101.00 mark will trigger a downtrend towards 100.40.

03_10_2016 usdjpy

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