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 – 1.1645

The reversal at 1.1600 signals, that the slide below 1.1690 is corrective, so my outlook here is bullish, for a rise towards 1.1730 major resistance. This time we should witness a break through the mentioned hurdle, for a rise towards 1.1830.

Resistance Support
intraday intraweek intraday intraweek
1.1690 1.1730 1.1600 1.1510
1.1730 1.1830 1.1510 1.1300

USD/JPY

Current level – 110.51

A reversal has been confirmed at yesterday’s peak at 111.13 and the bias is bearish, for a slide towards 109.40 area.

Resistance Support
intraday intraweek intraday intraweek
110.75 111.40 110.40 107.80
111.40 114.40 109.40 106.70

GBP/USD

Current level – 1.3194

The outlook remains positive despite today’s minor sell-off below 1.3225, for another leg upwards, to 1.3310.

Resistance Support
intraday intraweek intraday intraweek
1.3215 1.3618 1.3100 1.3040
1.3310 1.3990 1.3040 1.2770

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