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 – 1.1355

The upmove since 1.1180 low is over with yesterday’s peak at 1.1410 and the pair is currently testing 1.1350 static support. My outlook here is neutral

Resistance Support
intraday intraweek intraday intraweek
1.1450 1.1570 1.1350 1.1110
1.1570 1.1820 1.1250 1.1010

USD/JPY

Current level – 107.44

The corrective pattern continues to unfold and only a break through 106.70 boundary will unleash a slide towards 104.60 zone.Key static resistance lies at 107.70.

Resistance Support
intraday intraweek intraday intraweek
107.20 109.90 106.70 106.70
108.70 112.40 106.70 104.50

GBP/USD

Current level – 1.2667

A reversal has been confirmed at 1.2780 and the bias is negative, for a dip to 1.2600 area. Initial resistance lies at 1.2705.

Resistance Support
intraday intraweek intraday intraweek
1.2705 1.2890 1.2650 1.2503
1.2810 1.3170 1.2600 1.2420

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version