Daily technical analysis for December 3-d

EUR/USD

EUR/USD recorded moderate losses on Wednesday after a relatively volatile session. The pair traded within outliers at 1.0635 and 1.0551, and ultimately the euro lost 20 pips to a closing price of 1.0612. Currently, the prospects seem neutral, the movement managed to establish a range within 1.0640 and 1.0560. A break of one of the levels will suggest a prevailing sentiment.

Support: 1.0560; 1.0520; 1.0460;

Resistance:: 1.0640; 1.0690; 1.0805;

GBP/USD

The British pound broke a two-day winning streak yesterday, recording a significant losses against the dollar. The pair failed to overcome the levels at 1.5100, which led it 130 pips lower at a price of 1.4950. A bottom for the session noted at 1.4897, which was the lowest value since the end of April. The index of relative strength and moving averages confirm the dominance of the bears.

Support: 1.4910; 1.4830;

Resistance:: 1.4990; 1.5105; 1.5230;

USD/JPY

The pair recorded growth on Wednesday, and the dollar managed to add 38 pips to the opening price of 123.23. The session was held in the extreme values at 123.66 and 122.82. The price went above the average values, while the index of relative strength gain positions, but the couple could not overcome the upper limit of its recent range.

Support: 122.20; 121.30; 120.05;

Resistance:: 123.75; 124.50; 125.30;