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 – 1.1322

My outlook is still bearish, for a break through 1.1320, towards 1.1214 lows. Initial resistance  is projected at 1.1350.

 

Resistance Support
intraday intraweek intraday intraweek
1.1350 1.1630 1.1320 1.1214
1.1450 1.1820 1.1214 1.1100

USD/JPY

Current level – 111.90

The pair has pulled back after the 112.05 peak and the consolidation below 112.20 is likely to extend through 111.60, towards 111.20 static support.

Resistance Support
intraday intraweek intraday intraweek
112.15 113.00 111.20 110.20
113.00 114.50 110.20 108.50

GBP/USD

Current level – 1.3152

The bias remains bearish, for a test of 1.3100 area. Crucial on the upside is 1.3270.

Resistance Support
intraday intraweek intraday intraweek
1.3270 1.3290 1.3100 1.2800
1.3450 1.3450 1.3000 1.2610

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