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 – 1.1690

The reversal at 1.1610 signals a positive bias, for a rise towards 1.1790, en route to 1.1830 area.

Resistance Support
intraday intraweek intraday intraweek
1.1700 1.1830 1.1650 1.1510
1.1830 1.2050 1.1600 1.1300

USD/JPY

Current level – 112.45

A consolidation pattern unfolds after the failed test at 112.90, so allow an extension towards 111.90 before renewal of the general upmove to 114.50.

Resistance Support
intraday intraweek intraday intraweek
112.90 112.90 111.90 110.20
113.70 114.50 111.40 106.70

GBP/USD

Current level – 1.3237

The dip to 1.3100 found a reliable support and the reversal signals a positive bias, for a rise towards 1.3360, en route to 1.3460. Minor support is projected at 1.3190.

Resistance Support
intraday intraweek intraday intraweek
1.3360 1.3618 1.3190 1.3040
1.3460 1.3990 1.3100 1.2770

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