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 – 1.1450

The slide through 1.1509 shows, that the prolonged consolidation since the end of May is over and the outlook is bearish, for a dip to 1.1300 area. Initial hurdle lies at 1.1510.

Resistance Support
intraday intraweek intraday intraweek
1.1510 1.1750 1.1430 1.1300
1.1640 1.1830 1.1300 1.1300

USD/JPY

Current level – 110.87

The downtrend is still intact, but a break through 111.20 will signal a reversal for 113.20.

Resistance Support
intraday intraweek intraday intraweek
111.20 114.50 110.25 110.25
113.20 114.50 110.25 109.30

GBP/USD

Current level – 1.2745

The downtrend is intact, heading towards 1.2570-2620 area. Initial resistance  lies at 1.2770, followed by the crucial one at 1.2850.

Resistance Support
intraday intraweek intraday intraweek
1.2770 1.2970 1.2730 1.2570
1.2850 1.3210 1.2630 1.2570

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