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 – 1.1791

My outlook here remains bearish, for a break through 1.1740 key low, towards 1.1580. Important resistance remains projected around 1.1830-50 area.

Resistance Support
intraday intraweek intraday intraweek
1.1830 1.1909 1.1740 1.1580
1.1850 1.2000 1.1580 1.1480

USD/JPY

Current level – 109.63

My intraday outlook is counter-trend, for a reversal and slide towards 108.10 area.

Resistance Support
intraday intraweek intraday intraweek
109.80 111.00 108.60 108.10
110.30 112.20 108.10 107.00

GBP/USD

Current level – 1.2798

The downtrend is underway, capped at 1.2840 and next target lies at 1.2606 area. Crucial on the upside is 1.2915.

Resistance Support
intraday intraweek intraday intraweek
1.2840 1.3260 1.2705 1.2606
1.2930 1.3500 1.2606 1.2480

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