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 – 1.1178

My outlook here is bearish, for a break through 1.1170 hurdle, towards 1.1110 low, en route to 1.1015 target zone. Crucial on the upside is 1.1220.

Resistance Support
intraday intraweek intraday intraweek
1.1220 1.1330 1.1170 1.1010
1.1275 1.1450 1.1110 1.0860

USD/JPY

Current level – 109.66

The rebound above 109.00 is obviously corrective in nature, thus preceding another dip to 108.50 zone. Key resistance  lies at 110.30.

Resistance Support
intraday intraweek intraday intraweek
110.30 113.20 109.00 108.50
111.65 114.50 108.50 107.40

GBP/USD

Current level – 1.2787

The downtrend is intact, heading towards 1.2690 area. Initial minor resistance lies at 1.2810-15 and crucial on the upside is 1.2890.

Resistance Support
intraday intraweek intraday intraweek
1.2810 1.2960 1.2770 1.2690
1.2890 1.3170 1.2690 1.2690

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