EURUSD Daily Pivots R3 1.2563 R2 1.2542 R1 1.2504 Pivot 1.2483 S1 1.2445 S2 1.2425 S3 1.2386 EURUSD looks set for a decline after a brief rally back to the main support/resistance level at 1.252. With the pair trading weaker early into today’s trading session; we could possibly expect a small rally towards the daily pivot before we can see more declines towards the initial support at 1.3695 USDJPY Daily Pivots R3 118.63 R2 118.258 R1 117.982 Pivot 117.61 S1 117.334 S2 116.962 S3 116.686 USDJPY rallied early on during today’s trading session but price is currently near the short term resistance level of 118.332. Failure to break above this level could see a possible decline towards 117.826 short term support/resistance level followed by a further decline to the daily pivot and the major technical support. Alternatively, a break above the resistance at 118.332 could yet again see USDJPY possibly looking to make fresh highs. GBPUSD Daily Pivots R3 1.5911 R2 1.5867 R1 1.5802 Pivot 1.5759 S1 1.5692 S2 1.565 S3 1.5583 GBPUSD broke out from the ranging bottom to rally to the previous support at 1.58144 to test for resistance. With the declines now underway the Cable is back into the consolidation price zone. However, the minor rising support trend line will offer clues for either a bounce back higher or a break below could see GBPUSD fall back to the major falling trend line. John Benjamin John Benjamin John is a market analyst for Orbex Ltd. and is a forex and equities trader having been involved in trading since late 2009. John makes use of a mix of technical and fundamental analysis and inter-market relationships. The analysis present here is a mix of intra-day analysis while considering the long term outlook of the markets as well. For any comments or questions, John can be reached at [email protected] View All Post By John Benjamin Forex News Today: Daily Trading News share Read Next EUR/USD Nov. 28 – On the fall ahead of critical Yohay Elam 7 years EURUSD Daily Pivots R3 1.2563 R2 1.2542 R1 1.2504 Pivot 1.2483 S1 1.2445 S2 1.2425 S3 1.2386 EURUSD looks set for a decline after a brief rally back to the main support/resistance level at 1.252. With the pair trading weaker early into today's trading session; we could possibly expect a small rally towards the daily pivot before we can see more declines towards the initial support at 1.3695 USDJPY Daily Pivots R3 118.63 R2 118.258 R1 117.982 Pivot 117.61 S1 117.334 S2 116.962 S3 116.686 USDJPY rallied early on during today's trading session but price is currently near the… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
