Daily Support & Resistance

September 23 2021

News from the FOMC is that tapering is going to start soon and ending in mid 2021. It’s a bit odd that we know when it’s going to end without knowing exactly when it starts.

However, with Support and Resistance at least you will know where to enter and where to take profits.

Support and Resistance

MAJORS

USDJPY

Resistance 110.20 and 110.70

Support 109.10 and 108.60

EURUSD

Resistance 1.1760 and 1.1810

Support 1.1660 and 1.1610

GBPUSD

Resistance 1.3690 and 1.3750

Support 1.3610 and 1.3560

USDCHF

Resistance 0.9290 and 0.9340

Support 0.9220 and 0.9170

COMMODITY CURRENCIES

USDCAD

Resistance 1.2810 and 1.2860

Support 1.2740 and 1.269

AUDUSD

Resistance 0.7300 and 0.7340

Support 0.7220 and 0.7170

NZDUSD

Resistance 0.7050 and 0.7100

Support 0.6980 and 0.6930

CROSS-CURRENCY PAIRS

EURJPY

Resistance 128.70 and 129.30

Support 127.90 and 127.30

EURGBP

Resistance 0.8610 and 0.8650

Support 0.8550 and 0.8510

GBPJPY

Resistance 149.90 and 150.70

Support 148.90 and 148.20

GBPCHF

Resistance 1.2650 and 1.2700

Support 1.2580 and 1.2530

EURCHF

Resistance 1.0850 and 1.0900

Support 1.0790 and 1.0720

GOLD

Resistance 1778.00 and 1788.00

Support 1764.00 and 1754.00