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 – 1.1256

The break through 1.1300 clearly signals, that the prolonged consolidation is over and the general downtrend is renewed, towards 1.1100, en route to 1.0860. Initial resistance  lies at 1.1300 and crucial on the upside is 1.1360.

Resistance Support
intraday intraweek intraday intraweek
1.1300 1.1360 1.1200 1.1300
1.360 1.1500 1.1100 1.1110

USD/JPY

Current level – 114.14

The bias is positive, for a break through 114.50, towards 116.20 area. Crucial on the downside is 112.90 low.

Resistance Support
intraday intraweek intraday intraweek
114.50 114.50 113.60 111.60
115.50 116.20 112.90 110.40

GBP/USD

Current level – 1.2857

The downtrend is intact, heading towards 1.2780, en route to 1.2660 lows. Initial resistance lies at 1.2910 and crucial on the upside is 1.2950 area.

Resistance Support
intraday intraweek intraday intraweek
1.2960 1.3250 1.2770 1.2660
1.3040 1.3440 1.2660 1.2570

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