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 – 1.1336

The outlook remains counter-trend against 1.1290 low, for a bounce back towards 1.1440.

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 – 109.75

Still within the consolidation boundaries at 109.60 and 110.20 and I favor a break on the upside, for 111.45. Next major support lies at 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 – 1.2936

The bounce after 1.2850 low signals a reversal of the slide since 1.3210 high and the bias is already positive, for a break through 1.3000, towards 1.3130 area.

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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