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 – 1.1767

The intraday outlook remains bearish below 1.1790, for a slide towards 1.1715 area. Only a violation of 1.1790 will signal a reversal of the slide from 1.1860.

Resistance Support
intraday intraweek intraday intraweek
1.1790 1.1940 1.1715 1.1660
1.1880 1.2030 1.1660 1.1480

USD/JPY

Current level – 113.69

The uptrend is intact, heading towards 114.50, en route to 115.50 zone. Key support lies at 113.50 and crucial on the downside is 113.10.

Resistance Support
intraday intraweek intraday intraweek
114.50 114.50 113.10 111.00
115.50 115.50 112.30 107.30

GBP/USD

Current level – 1.3211

A reversal has been confirmed at 1.3085 and the intraday bias is positive, with a risk of a rise towards 1.3340 hurdle. On the senior frames the current leg should be the final one of the prolonged consolidation above 1.3020, preceding a renewal of the general slide towards 1.2590. Minor intraday support lies at 1.3160.

Resistance Support
intraday intraweek intraday intraweek
1.32220 1.3340 1.3160 1.2910
1.3340 1.3650 1.3020 1.2760

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