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 – 1.1326

The intraday bias is bearish, for a dip to 1.1270-80, followed by a reversal and rise towards 1.1470.

Resistance Support
intraday intraweek intraday intraweek
1.1420 1.1500 1.1270 1.1100
1.1500 1.1620 1.1270 1.0850

USD/JPY

Current level – 113.52

The rise since 112.60 low is in its final stage and after a brief spike to 113.90 a reversal should follow, for a dip to 112.60.

Resistance Support
intraday intraweek intraday intraweek
113.90 114.50 113.10 111.40
114.50 116.20 112.60 110.40

GBP/USD

Current level – 1.2777

The downtrend since 1.2930 peak is still intact and I favor a dip to 1.2690 area before reversal and bounce towards 1.3040.

Resistance Support
intraday intraweek intraday intraweek
1.2800 1.3250 1.2760 1.2660
1.2930 1.3440 1.2660 1.2570

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