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 – 10930

The recent break through 1.0900 resistance signals a reversal of the slide at 1.0838 and the intraday bias is positive, for an attack of 1.0950 hurdle. A violation of the latter will challenge 1.1020 peak.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0950 1.1070 1.0900 1.0770
1.1020 1.1150 1.0835 1.0675

USD/JPY

Current level – 113.35

The recent slide has bottomed above 113.00 support zone and a break through the crucial high at 113.90 will show a renewal of the upmove towards 115.60 target mark. Minor intraday resistance lies at 113.50.

Resistance Support
intraday intraweek intraday intraweek
113.90 113.50 113.00 109.40
115.60 115.60 112.35 108.12

GBP/USD

Current level – 1.2903

The pair failed to break through 1.2830 crucial low and the intraday bias is neutral. Minor resistance lies at 1.2950.

Resistance Support
intraday intraweek intraday intraweek
1.2950 1.3120 1.2830 1.2770
1.3000 1.3500 1.2770 1.2610

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