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 – 1.1628

The failure at 1.1730 signals another corrective leg within the prolonged consolidation pattern below 1.1750. Intraday allow a dip towards 1.1530 area.

Resistance Support
intraday intraweek intraday intraweek
1.1730 1.1730 1.1600 1.1300
1.1840 1.1840 1.1530 1.1100

USD/JPY

Current level – 111.99

The bias remains bullish, for a rise towards 112.60 area. Key support lies at 111.65.

Resistance Support
intraday intraweek intraday intraweek
112.20 114.50 111.65 109.30
112.50 114.50 109.70 109.30

GBP/USD

Current level – 1.3079

The uptrend has ran out of steam with the recent peak at 1.3150 and there is s risk of a further decline towards 1.2960 area. The overall bias is still bullish, for 1.3250.

Resistance Support
intraday intraweek intraday intraweek
1.3150 1.3120 1.2960 1.2570
1.3250 1.3250 1.2960 1.2570

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