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 – 1.1381

The downtrend is intact, heading towards 1.1310 and a violation pf the latter is expected to challenge 1.1214 low. Crucial on the upside is 1.1415 high.

Resistance Support
intraday intraweek intraday intraweek
1.1415 1.1630 1.1310 1.1214
1.1540 1.1820 1.1260 1.1100

USD/JPY

Current level – 109.60

The bias remains positive, for a tight test of 110.20 resistance area. Crucial static support lies at 109.10.

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

GBP/USD

Current level – 1.2865

The return below 1.2930 signals a reversal at 1.3000 and the bias is bearish, for a slide towards 1.2800, en route to 1.2710. Key intraday resistance lies at 1.2930.

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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