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 – 1.1379

The outlook remains bearish, for a slide towards 1.1310, en route to 1.1214 lows. Initial resistance lies at 1.1450.

Resistance Support
intraday intraweek intraday intraweek
1.1450 1.1630 1.1310 1.1214
1.1540 1.1820 1.1260 1.1100

USD/JPY

Current level – 108.90

The intraday bias is positive and a break through 109.20 will challenge 110.20 area. Crucial on the downside is 108.20 low.

Resistance Support
intraday intraweek intraday intraweek
109.10 111.45 108.20 106.70
109.10 112.20 106.70 104.60

GBP/USD

Current level – 1.2865

While 1.2930 peak holds, there will be a risk of another wave downwards, to 1.2800 and even 1.2710.

Resistance Support
intraday intraweek intraday intraweek
1.2930 1.3050 1.2800 1.2420
1.3050 1.3250 1.2710 1.2340

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