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 – 1.1385

The downtrend is intact, heading towards 1.1330 support zone. Crucial on the upside is 1.1440 resistance

Resistance Support
intraday intraweek intraday intraweek
1.1440 1.1630 1.1330 1.1214
1.1630 1.1820 1.1330 1.1100

USD/JPY

Current level – 109.67

The intraday bias is negative, as the pair is currently testing 109.60 static support and a break through that area will challenge 109.10.

Resistance Support
intraday intraweek intraday intraweek
110.20 111.45 109.60 106.70
111.45 112.20 109.10 104.60

GBP/USD

Current level – 1.2935

The violation of 1.3000 led to a slide to 1.2930 support and after a brief consolidation another leg downwards should follow, for 1.2800 area. Initial intraday resistance lies at 1.3000.

Resistance Support
intraday intraweek intraday intraweek
1.3000 1.3290 1.2930 1.2800
1.3135 1.3480 1.2800 1.2610

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