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 – 1.1190

There is no sign of a reversal yest and the bias is positive, with a risk of an upswing towards 1.1250 area. Crucial support lies at 1.1175.

Resistance Support
intraday intraweek intraday intraweek
1.1210 1.1360 1.1175 1.1020
1.1295 1.1610 1.1110 1.0838

USD/JPY

Current level – 111.71

The recent spike to 112.10 should be followed by a brief corrective leg towards 111.00 area, before continuation of the general upmove towards 113.00 area.

Resistance Support
intraday intraweek intraday intraweek
112.10 112.10 111.00 109.08
113.00 114.30 110.30 108.12

GBP/USD

Current level – 1.2724

The overall outlook remains positive above 1.2700 support area, for a rise towards 1.2825 zone.

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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