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 – 1.1887

Yesterday’s reversal at 1.2035 has been confirmed with the break through 1.1915 and the bias is negative, for a tight test of 1.1830 major support. The latter is the last hurdle before 1.1660 area.

Resistance Support
intraday intraweek intraday intraweek
1.1915 1.2160 1.1830 1.1830
1.2035 1.2500 1.1830 1.1660

USD/JPY

Current level – 112.43

The recent consolidation built a base at 111.10 and the uptrend is intact, heading for a tight test of 112.80 resistance area. Initial intraday support lies at 111.90 and crucial on the downside is 111.10.

Resistance Support
intraday intraweek intraday intraweek
112.80 112.80 111.90 108.12
112.80 114.50 111.10 107.30

GBP/USD

Current level – 1.3498

The sharp reversal at 1.3655 signals a negative bias, for a test of 1.3440 support and a break through that area will challenge 1.3340 zone. Initial intraday resistance lies at 1.3530.

Resistance Support
intraday intraweek intraday intraweek
1.3530 1.3650 1.3440 1.3340
1.3650 1.3830 1.3340 1.3150

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version