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 – 1.1348

As the pair approaches 1.1330 support, my outlook is already counter-trend against 1.1290 low, for a reversal and another corrective leg towards 1.1450.

Resistance Support
intraday intraweek intraday intraweek
1.1390 1.1630 1.1330 1.1214
1.1440 1.1820 1.1290 1.1100

USD/JPY

Current level – 109.96

The failure at 109.60 signals a completion of the consolidation phase below 110.20 and the outlook is positive, for a new leg upwards, to 111.45.

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 – 1.2902

The downtrend is intact, heading towards 1.2800 area. Crucial on the upside is 1.2980 peak.

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

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version