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 – 1.1465

No change here, as the pair continues to struggle above 1.1430 support and I favor a break through the latter to initiate a slide towards 1.1300.

Resistance Support
intraday intraweek intraday intraweek
1.1480 1.1835 1.1430 1.1430
1.1550 1.2010 1.1300 1.1300

USD/JPY

Current level – 112.57

Yesterday’s slide bottomed precisely at 111.90 support and current rebound should be considered corrective, preceding another dip, to 111.60 zone.

Resistance Support
intraday intraweek intraday intraweek
112.80 114.40 111.90 111.65
113.50 114.40 111.65 110.40

GBP/USD

Current level – 1.2978

The downtrend is still underway and the outlook is bearish, for a dip to 1.2870 zone. Crucial on the upside is 1.3100 hurdle.

Resistance Support
intraday intraweek intraday intraweek
1.3010 1.3440 1.2950 1.2570
1.3100 1.3440 1.2870 1.2570

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