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 – 1.1745

The overall outlook is still bearish, for a slide towards 1.1580, en route to 1.1480 zone. Initial minor resistance lies at 1..1780, followed by the crucial on the higher frame 1.1850.

Resistance Support
intraday intraweek intraday intraweek
1.1780 1.1909 1.1660 1.1580
1.1850 1.2000 1.1580 1.1480

USD/JPY

Current level – 109.02

My outlook here is counter-trend, for a reversal above 108.80, towards 111.00 hurdle. Crucial on the downside is 108.70 low.

Resistance Support
intraday intraweek intraday intraweek
109.60 111.00 108.80 108.10
110.30 112.20 108.10 107.00

GBP/USD

Current level – 1.2888

Despite the risk of one more brief rise to 1.2930 resistance, the overall outlook remains bearish, for a tight test of 1.2800 area.

Resistance Support
intraday intraweek intraday intraweek
1.2930 1.3260 1.2804 1.2804
1.3050 1.3500 1.2705 1.2480

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