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 – 1.1737

The resistance at 1.1830 has capped the upside and my outlook is bearish, for a break through 1.1715 low, towards 1.1660 and 1.1480.

Resistance Support
intraday intraweek intraday intraweek
1.1830 1.2070 1.1660 1.1660
1.2000 1.2240 1.1540 1.1480

USD/JPY

Current level – 112.99

The bias is positive, for a rise towards 113.80, en route to 114.50 peak. Initial support lies at 112.15 and crucial on the downside is 111.50.

Resistance Support
intraday intraweek intraday intraweek
113.30 113.80 112.15 111.50
113.80 114.50 111.50 107.30

GBP/USD

Current level – 1.3324

The recent test at 1.3460 failed and the outlook is bearish, for a slide towards 1.3220 zone. Initial intraday resistance lies at 1.3350.

Resistance Support
intraday intraweek intraday intraweek
1.3350 1.3650 1.3300 1.3340
1.3460 1.3830 1.3220 1.3150

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