Technical Outlook for Majors 09/10/2015

[WindsorBrokers]

EURUSD
The Euro moves within the daily cloud, which was penetrated again yesterday, with daily close above the cloud base. Rallies were limited at 1.1325, double-Fibonacci barrier (38.2% of 1.1712/1.1086 and 61.8% of 1.1458/1.1103 downleg, also weekly Ichimoku cloud base, which marks pivotal resistance zone with 1.1339, daily cloud top. Sustained break here is needed to spark fresh bulls and expose next key barrier at 1.1458, 18 Sep peak.
Near-term studies are bullish, with daily indicators establishing in the positive territory and supporting fresh gains. Also, the pair is on track for strong weekly close.
Daily cloud base at 1.1260, along with broken-bear-trendline, connecting 1.1712 and 1.1458 tops, at 1.1250 and daily 20SMA at 1.1242, marks strong support zone, which is expected to ideally contain dips and keep the upside in near-term focus.
Res: 1.1325; 1.1339; 1.1400; 1.1458
Sup: 1.1260; 1.1242; 1.1229; 1.1210


GBPUSD
Cable eventually closed above very strong 1.5300/15 resistance zone, after yesterday