The levels for today - Forex News by FX Leaders

The levels for today

Posted Thursday, April 21, 2016 by
Skerdian Meta • 1 min read

Let´s have a look at the levels this morning. EUR/USD broke below 1.1330 yesterday reaching 1.1290. So the levels to watch on the upper side are 1.1330, 1.1350, 1.1880 and further up 1.14 and 1.1450. Below we are looking at 1.1250, 1.1220, 1.1150 if we get there. Regarding GBP/USD we´re looking at 1.4410-20, 1.4450 and 1.45 on the top side while on the bottom side we´re looking at 1.4250, 1.4150 and 1.41. In USD/JPY wWe see a tendency to move north, so the upside levels are 109.90-110 where the 100 MA in the H4 chart lies, then 110.50 and 111. On the bottom side we see 10890-109 which was yesterday´s low, then 108 and 107.50.

EUR/USD did break the support at 1.1330 yesterday

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About the author

Skerdian Meta // Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
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