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 – 1.1578

The reversal at 1.1530 signals a corrective rebound to 1.1640, which should be followed by a major break through 1.1509, en route to 1.1300 area.

Resistance Support
intraday intraweek intraday intraweek
1.1640 1.1750 1.1530 1.1510
1.1750 1.1830 1.1510 1.1300

USD/JPY

Current level – 111.34

The lack of trend dynamics here leaves the bias neutral. Trigger on the upside is 111.85.

Resistance Support
intraday intraweek intraday intraweek
111.85 114.50 110.25 110.25
113.20 114.50 110.25 109.30

GBP/USD

Current level – 1.2968

The slide through 1.2960 shows a renewal of the general downtrend, towards 1.2840 and 1.2770. Intraday allow a corrective rebound to 1.3060.

Resistance Support
intraday intraweek intraday intraweek
1.2980 1.3210 1.2920 1.2960
1.3060 1.3460 1.2840 1.2770

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