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 – 1.1825

The uptrend is intact, ready for a break through 1.1870, towards 1.2000 sentiment area. Initial intraday support lies at 1.1775.

Resistance Support
intraday intraweek intraday intraweek
1.1870 1.1870 1.1775 1.1580
1.1920 1.2000 1.1611 1.1480

USD/JPY

Current level – 110.75

A minor reversal has been set at 110.00 and the intraday bias is slightly positive, with a risk of a brief rise to 111.47 before another leg downwards, to 109.30 area. 

Resistance Support
intraday intraweek intraday intraweek
111.47 114.50 110.00 110.30
112.20 115.50 109.30 108.10

GBP/USD

Current level – 1.3210

The outlook is bullish above 1.3157, for a violation of 1.3260, en route to 1.3350 area. Crucial on the downside is 1.3050.

Resistance Support
intraday intraweek intraday intraweek
1.3260 1.3260 1.3157 1.2930
1.3350 1.3500 1.3050 1.2810

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