Technical Analysis on EUR/USD,GBP/USD,USD/JPY, November 10th, 2015

Four officials from European Central Bank addressed that they had reached agreement on cutting the interest rate on deposit for the meeting on December, reported from Reuters. European Central Bank would broaden its easing policy in December as well as cut the interest rate on deposit, as ECB governor Draghi suggested in the decision press conference of October.With that being the case, the EUR/USD was hit severely and might go further near the 1:1 level as the market expected. 

EUR/USD
Seen from the 4-hour chart, there appears a bottom derivation in the EUR/USD that suggests a pullback in technical analysis.Besides, there is still a remaining rebound sentiment during the morning session. The referenced positions for pullback level are 1.0829 and 1.0885.
Support：1.0740/1.0600 
Resistance：1.0780/1.0885 

 GBP/USD
Seen from the 1-hour chart, the pullback sentiment still exists in the GBP/USD. But since the GBP/USD generally falls down, we are still mainly buyers of put options. Call options can be purchased during the morning session and suspended at 1.5145. 
Support：1.5071/1.5024 
Resistance：1.5150/1.5164

USD/JPY
The USD/JPY is maintaining a pretty good bullish trend, but a correction is required since it has encountered a big surge. We prefer buying put options during the daytime, but pullback won’t go further because of a fairly strong bullish momentum.  
Support：122.72/122.50
Resistance：123.56/125.00

[Tips]
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