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 – 1.1573

The downtrend is intact, heading towards 1.1530. The latter should provide a base for reversal and should start another upswing, for 1.1750.

Resistance Support
intraday intraweek intraday intraweek
1.1640 1.1750 1.1530 1.1300
1.1840 1.1840 1.1490 1.1100

USD/JPY

Current level – 111.48

My outlook is counter-trend, for a reversal and dip towards 110.70 zone.

Resistance Support
intraday intraweek intraday intraweek
111.40 114.50 110.70 109.30
111.80 114.50 109.70 109.30

GBP/USD

Current level – 1.2840

The bias is bearish, for a dip to 1.2800 zone. The latter should provoke a rebound, for 1.2935 area.

Resistance Support
intraday intraweek intraday intraweek
1.2890 1.3060 1.2840 1.2570
1.3060 1.3210 1.2800 1.2570

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