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 – 1.1191

The intraday bias is positive above 1.1180 minor support, with a risk of a break through 1.1210 resistance, towards 1.1250 area. The latter should cap the upside, for another downswing to 1.1020 zone.

Resistance Support
intraday intraweek intraday intraweek
1.1210 1.1360 1.1180 1.1020
1.1295 1.1610 1.1110 1.0838

USD/JPY

Current level – 111.29

The consolidation pattern is still underway, with a risk of a dip to 110.30 before advancing beyond 111.80, towards 113.00 area. 

Resistance Support
intraday intraweek intraday intraweek
111.80 112.10 110.30 109.08
112.10 114.30 110.30 108.12

GBP/USD

Current level – 1.2743

The outlook is positive above 1.2700 support zone, for a rise towards 1.2825 major hurdle. 

Resistance Support
intraday intraweek intraday intraweek
1.2825 1.2970 1.2700 1.2480
1.2825 1.3050 1.2634 1.2480

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