Daily technical analysis for December/9

EUR/USD

The single currency registered an increase against the dollar on Tuesday. The session started at 1.0836 and ended 54 pips higher. After steady upward movement the price managed to break the first resistance at 1.0854. If the couple justify positive expectations, the price will continue its upward movement.

Support: 1.0854; 1.0676; 1.0548;

Resistance: 1.0975;

GBP/USD

The pair continued to lose value for the third consecutive session on Tuesday. The pound lost 48 pips and ended at a price of 1.5006. The graphics continue to develop under the moving average, while the relative strength index remained in neutral territory. The outlook remains negative and immediate goal appears to 1.4877.

Support: 1.4877;

Resistance: 1.5017; 1.5125; 1.5230;

USD/JPY

The dollar recorded a slight decrease against the Japanese Yen on Tuesday. The pair opened at a rate of 123.35 and finished 43 pips lower. The graph moves below moving averages, while the relative strength index remained in neutral territory. If prices continue to fall, the pair will test the first support at 122.61.

Support: 122.61; 121.50; 120.85;

Resistance: 123.67;