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 – 10979

The reversal at 1.0870 signals a completion of the consolidation pattern below 1.0950 and the bias is positive, for a test of 1.1010 resistance. Initial intraday support lies at 1.0950 and crucial on the downside is 1.0870 low.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek

1.0950

1.0950

1.0826

1.0780

1.1010

1.1010

1.0780

1.0676

USD/JPY

Current level – 112.21

The uptrend has been reversed at 113.04 and the bias is already negative, for a test of 111.90, en route to 110.80. Crucial intraday resistance lies at 112.65.

Resistance Support
intraday intraweek intraday intraweek

112.65

113.50

111.90

109.40

113.04

115.60

110.80

108.12

GBP/USD

Current level – 1.2919

Yesterday’s reversal at 1.2830 led to a fast rise and the bias is positive, for a test of 1.2965 peak. Minor intraday support lies at 1.2900.

Resistance Support
intraday intraweek intraday intraweek

1.2965

1.3120

1.2860

1.2610

1.3000

1.3500

1.2770

1.2510

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version