Contributors Technical Analysis Forex Technical Analysis: EUR/USD, USD/JPY, GBP/USD

Forex Technical Analysis: EUR/USD, USD/JPY, GBP/USD

EUR/USD

Current level – 1.1657

The bias is bearish, for a test of 1.1600 support zone and the latter should provide a reliable base for an upswing towards 1.1720.

Resistance Support
intraday intraweek intraday intraweek
1.1730 1.1730 1.1625 1.1510
1.1830 1.1830 1.1600 1.1300

USD/JPY

Current level – 109.85

My outlook is bearish, for a break through 109.80, towards 108.60. Initial intraday resistance  lies at 110.20.

Resistance Support
intraday intraweek intraday intraweek
110.20 111.40 109.20 107.80
110.80 114.40 108.60 106.70

GBP/USD

Current level – 1.3225

Intraday allow a dip to 1.3150, followed by a rise towards 1.3350. The latter should mark the final leg of the consolidation above 1.3100.

Resistance Support
intraday intraweek intraday intraweek
1.3290 1.3618 1.3215 1.3040
1.3460 1.3990 1.3150 1.3040

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