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 – 1.1512

The intraday bias is still bearish, for a slide towards 1.1480 support area. The latter should provide a reliable base for a renewal of the general uptrend, towards 1.1720. Key intraday resistance lies at 1.1550.

Resistance Support
intraday intraweek intraday intraweek
1.1550 1.1610 1.1480 1.1370
1.1610 1.1720 1.1370 1.1290

USD/JPY

Current level – 112.14

There is a minor reversal at 111.50 and the intraday bias is slightly positive, for another test of 112.80 hurdle.

Resistance Support
intraday intraweek intraday intraweek
112.80 114.50 111.50 111.75
113.50 115.50 110.30 110.20

GBP/USD

Current level – 1.3014

The outlook on the lower frames remains bearish, for a slide towards 1.2970 support. Initial intraday resistance is projected at 1.3050.

Resistance Support
intraday intraweek intraday intraweek
1.3050 1.3260 1.3000 1.2810
1.3130 1.3500 1.2970 1.2480

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version