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 – 1.1687

The failure at 1.1750 signals a bearish bias, for a break through 1.1670, towards 1.1620 support. On the senior frames current slide should be considered a part of the prolonged consolidation, preceding a rise towards 1.1830.

Resistance Support
intraday intraweek intraday intraweek
1.1750 1.1750 1.1670 1.1510
1.1790 1.1830 1.1570 1.1300

USD/JPY

Current level – 112.08

The pair is struggling below 112.10 and I favor a break through that area, towards 113.20 zone. Key support lies at 111.50.

Resistance Support
intraday intraweek intraday intraweek
112.10 114.50 111.50 110.25
113.20 114.50 110.25 109.30

GBP/USD

Current level – 1.3120

The recent slide below 1.3110 signals a reversal at 1.3170 and the bias is bearish, for a continuation towards 1.3030 zone.

Resistance Support
intraday intraweek intraday intraweek
1.3140 1.3460 1.3080 1.2960
1.3210 1.3620 1.3030 1.2770

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