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 – 1.1328

Finally, the pair broke through 1.1350 support and the intraday bias is bearish, but that slide should be considered the final leg of the consolidation pattern after 1.1410, thus preceding an  advance towards 1.1450 and 1.1570 later on.

Resistance Support
intraday intraweek intraday intraweek
1.1350 1.1570 1.1280 1.1110
1.1410 1.1820 1.1250 1.1010

USD/JPY

Current level – 108.42

The bias is bullish, for a break through 108.80, en route to 109.80 zone. Initial minor support lies at 108.10, followed by the crucial 107.50.

Resistance Support
intraday intraweek intraday intraweek
108.80 109.80 108.10 106.70
109.80 112.40 107.50 104.50

GBP/USD

Current level – 1.2677

The intraday bias is bearish, for a dip through 1.2650, towards 1.2600 static area. The latter should provide a reliable base for another upswing on the senior frames, towards 1.2810.

Resistance Support
intraday intraweek intraday intraweek
1.2720 1.2890 1.2650 1.2503
1.2810 1.3170 1.2600 1.2420

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