EUR/USD and G10: Levels, Ranges, Targets

 

Following are significant break points, MA’s dating to Jan 1999

 

EUR/USD 1.2046, 1.2079, 1.2135, 1.2194, 1.2280, 1.2357, 1.2435, 1.2486, 1.2674, 1.2699 and 1.2569. 5 Year average 1.1998, 10 and 14 year averages 1.2852 and 1.2853. Trend far lower requires breaks at 1.2036 and 1.1998.

NZD/USD 0.7145, 0.7258, 0.7262, 0.7277, 0.7318, 0.7339, 0.7394, 0.7410, 0.7418, 0.7428, 0.7435, 0.7499 and 0.7588. Lower for NZD must break 0.7200, the 5 year average, 10 and 14 are located at 0.7277, 0.7499 and 0.7428.

USD/JPY 105.45, 106.19, 106.62, 107.87 then 109.32, 109.58, 111.30, 111.58, 111.71, 112.47 and 113.95. 5 year average 109.40. To travel higher then 111.26 must break to target 112.47.

GBP/USD  1.3617, 1.4039, 1.4075, 1.4112, 1.4185, Then above 1.4331, 1.4477, 1.4550, 1.4586, 1.4623 and 1.4734. 5 year average 1.4734. Traend change short must break 1.3622

GBP/JPY 148.90, 149.12, 150.13, 150.46, 150.58, 151.41, 152.80, 153.77, 154.98, 159.32 and 160.45. The 10 year average 152.80, and 5 year is 160.82. Trend change lower must break 151.45.

EUR/JPY masses of supports exist below from 127’s to 131’s. Break points 130.41, 130.79, 131.06, 131.40, 131.46, 131.54, 133.48, 133.83. Then 136.20 and 136.54. Trend change lower must break 133.83 and 14 year average 131.56. EUR/JPY is massively oversold and well supported.

 

Brian Twomey

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