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 – 1.1447

Intraday, I expect 1.1470 minor resistance to initiate a slide for 1.1390 support.

Resistance Support
intraday intraweek intraday intraweek
1.1570 1.1630 1.1450 1.1214
1.1630 1.1820 1.1390 1.1100

USD/JPY

Current level – 108.89

The resistance at 109.10 should cap the upside, for the next leg downwards, to 107.70. Crucial on the upside is 109.75 high.

Resistance Support
intraday intraweek intraday intraweek
109.10 111.45 108.70 106.70
110.20 112.20 107.70 104.60

GBP/USD

Current level – 1.3099

I still favor a dip to 1.3000 area and while the whole pattern below 1.3210 remains corrective, the outlook on the senior frames will be positive, for a rise towards 1.3290.

Resistance Support
intraday intraweek intraday intraweek
1.3135 1.3290 1.3000 1.3000
1.3290 1.3480 1.2930 1.2800

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