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 – 1.1571

The bias is still bearish, for a dip to 1.1490 area. The latter should provide  base for an upswing towards 1.1740.

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 – 111.54

My outlook is counter-trend, for a reversal and dip towards 110.70 zone. Crucial on the upside is 111.80 peak.

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

GBP/USD

Current level – 1.2821

I favor a break through 1.2800, towards 1.2740 support area. The latter should mark the finale of the whole slide from 1.3050.

Resistance Support
intraday intraweek intraday intraweek
1.2890 1.3060 1.2800 1.2570
1.2935 1.3210 1.2740 1.2570

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