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 – 1.1301

Yesterday’s test of 1.1330 failed as well and the bulls are running out of time for a final brief spike to 1.1390, so pay attention to 1.1240-50 crucial support, as a break below will unleash a slide through 1.1175, towards 1.1020.

Resistance Support
intraday intraweek intraday intraweek
1.1330 1.1450 1.1280 1.1175
1.1390 1.1570 1.1240 1.0860

USD/JPY

Current level – 111.90

My outlook remains bearish against 112.15 hurdle, for a dip to 111.50 support.

Resistance Support
intraday intraweek intraday intraweek
112.15 113.20 111.50 108.90
113.20 114.50 110.50 107.40

GBP/USD

Current level – 1.3041

Still nothing new here and intraday the pair is obviously heading for another test of the major support around 1.2960. The outlook remains neutral.

Resistance Support
intraday intraweek intraday intraweek
1.3120 1.3450 1.2960 1.2820
1.3200 1.3450 1.2960 1.2610

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