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 – 1.1208

My outlook remains bearish, for a slide towards 1.1108 low. A break through the latter will signal a deeper slide towards 1.1020 major support. Initial resistance lies at 1.1240.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.1240 1.1360 1.1165 1.1022
1.1300 1.1610 1.1109 1.0838

USD/JPY

Current level – 110.21

There is a minor reversal at 110.80 and the slide form the mentioned peak could dive deeper, towards 109.10 low.

Resistance Support
intraday intraweek intraday intraweek
110.80 112.10 109.70 109.08
111.20 114.30 109.08 108.12

GBP/USD

Current level – 1.2758

Intraday allow a brief test of 1.2830 resistance area, before another drowning towards 1.2610 zone.

Resistance Support
intraday intraweek intraday intraweek
1.2830 1.2970 1.2705 1.2610
1.2870 1.3050 1.2610 1.2610

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