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 – 1.1388

The outlook remains bearish, for a slide towards 1.1310, en route to 1.1214 lows. Initial resistance lies at 1.1415, followed by 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 – 109.38

The outlook is positive, for a rise towards 110.20 zone. Initial support lies at 109.10 and crucial low is 108.65.

Resistance Support
intraday intraweek intraday intraweek
109.50 111.45 109.10 106.70
110.20 112.20 108.65 104.60

GBP/USD

Current level – 1.2947

The break through 1.2930 signals a positive bias, for a rise towards 1.3050 area. Initial support is projected at 1.2930-2900 area and crucial is 1.2830 low.

Resistance Support
intraday intraweek intraday intraweek
1.3000 1.3050 1.2930 1.2420
1.3050 1.3250 1.2830 1.2340

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