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 – 1.1190

The recent rise from 1.1108 low signals a major reversal and the intraday bias here is positive, for a further appreciation towards 1.1267 peak, en route to 1.1300 area. 

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek

1.1267

1.1300

1.1160

1.1022

1.1300

1.1300

1.1108

1.0838

USD/JPY

Current level – 110.93

A break through the crucial 111.50 will initiate an uptrend towards 113.00 hurdle. Major support is projected at 110.20.

Resistance Support
intraday intraweek intraday intraweek

111.50

114.30

110.20

109.40

112.00

115.60

110.20

108.12

GBP/USD

Current level – 1.2818

Yesterday’s peak at 1.2890 shows a completion of the corrective rebound above 1.2770 and the downtrend is renewed, for a slide towards 1.2705 zone. Minor intraday resistance lies at 1.2840.

Resistance Support
intraday intraweek intraday intraweek

1.2840

1.3120

1.2770

1.2770

1.2930

1.3500

1.2705

1.2610

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