20 USD Pairs: Levels, Ranges, Targets

 

Following are most vital break points for USD pairs. Breaks at respective points will see price accelerations in the direction of the break. Also 24 hour ranges are posted for day traders interested in quick trades. The commonality to all currency pairs is trade around 5 year averages therefore 5 year averages will report to understand the price context.

My arsenal of currency pairs total 476 with ability to view prices from 1 day to Jan 1999. Most vital is every currency pair is backed by more moving average statistics than anyone would need in a lifetime but Stats were built in for price  protection. I can see any day from today to 1999 and view Stats and vital data. Everyday requires a click and voila, the trade decision is made within seconds to minutes. The sidebar to mounds of Statistics is not all Stats work in currency trading. Must be careful in chosen Stats as this imperative results from 5 years running this system.

The second system for day and 24 hour trades is a pure interest rate system. Like the above system, its accuracy is perfect to the exact pip and in use for about 3 years. Most important aspects to the currency price is Levels, Ranges and Targets. Levels are trad able points and significant to a small degree. The range is by far most vital as a range break means higher or lower with a price acceleration because of its support and / or resistance properties. The target is the target. A market target price was found 200 years ago, in 1898, by Knut Wicksell. The market structure of prices in all financial instruments was also the result of Wicksell and won’t ever change as long as markets trade.

USD/DKK . Break points above 6.4108 and 6.3735. The 5 year average is located at 6.2291. The 24 hour range to run through US traded markets are located at 6.1928 to 6.2487.

USD/MXN. Break points above 17.8898 and 18.0056. Oversold from the 5 year average at 15.5963. 24 hour range  = 17.6615 to 17.7845 and 17.8312. Watch Tie and Cete rates as they drive MXN.

USD/JPY. Vital supports 111.01 and 110.88. Approaching overbought from 111.01. 24 Hour range = 111.56 to 113.15. Context to 113.15 as Range breaks are located at 113.16 and 113.67. See overbought as range point comes to focus.

USD/CNY = Above 6.7082, 6.6552 and 6.8304. Below at 10 year average 6.5543. 24 hours range = 6.5430 to 6.5887 and 6.6031.

USD/CHF = Support 0.9638 and 0.9677.  5 year average = 0.9522 and 10 at 0.9856. 24 hour range = 0.9649 to 0.9734.

USD/CAD = Resistance above 1.2574 and 1.2746. 5 year average = 1.1926. 24 hour Range = 1.2266 to 1.2375.

USD/SGD = Resistance above 1.3616 and 1.3671. 10 year average = 1.3421. 24 Hour Range = 1.3381 to 1.2501.

USD/ILS = Resistance above 3.5567 and 3.5574. Currently oversold, good quick day trade. 24 Hour Range = 3.4744 to 3.4986 and 3.5056.

USD/THB = Resistance above 33.4571 and 33.5450. 5 year average = 33.2226, 14 year average = 33.6013 and 10 year = 32.6847. 24 Hour Range = 32.9135 to 33.2363.

USD/CZK = Resistance above 22.4605 and 22.5263. 5 year average = 22.4216. 24 Hour Range 21.6931 to 21.8443 and 21.9088.

USD/SEK = Resistance above 8.1876 and 8.2814. 24 Hour Range 7.9293 to 8.0028

USD/PLN = Resistance above 3.6515 and 3.6573. 5 year average = 3.5402. Zloty highly oversold. 24 Hour range = 3.5547 to 3.5795 and 3.5863.

USD/HKD = Resistance above 7.8066 and 7.8110. Massively overbought from 5 year average at 7.76. 24 Hour Range = 7.7697 to 7.7937 and 7.8419

USD/HUF = Resistance above 263.80 and 264.32. 5 year average 255.91. Highly oversold. 24 Hour Range = 257.9438 to 259.74 and 264.0264.

USD/ZAR = Supports 13.1638 and 13.0967. 5 Year average 11.9969.

USD/INR = Supports 64.4236 and 64.2663. 24 Hour range 64.5804 to 65.3594. INR contains a serious range problem. The big move coming.

USD/RUB = Resistance above 58.1660 and 58.8223. 5 year average 49.9892. 24 Hour Range = 57.2461 to 57.6447 to 57.8871

USD/NOK = Resistance above 7.9885 and 8.0935. 5 year average 7.2530. 24 Hour Range = 7.7858 to 7.8159 to 7.8335.

USD/KRW = Supports 1131.6239 and 1132.0720. KRW vastly oversold. 24 Hour Range = 1127.4544 to 1203.0075.

USD/MYR Resistance above 4.2540 and 4.2698. 5 year average 3.6969. 24 Hour Range = 4.1764 to 4.2141.

 

Brian Twomey

 

 

 

 

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