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 – 1.1607

The recent peak at 1.1690 signals a finale of the consolidation pattern above 1.1570 and the outlook is bearish, for a break through 1.1600, towards 1.1480. Minor intraday resistance lies at 1.1635.

Resistance Support
intraday intraweek intraday intraweek
1.1635 1.1840 1.1600 1.1480
1.1720 1.1940 1.1480 1.1300

USD/JPY

Current level – 114.38

The bias is positive, for a rise towards 115.50. Crucial on the downside is 113.50.

Resistance Support
intraday intraweek intraday intraweek
114.80 115.50 113.50 111.00
115.50 116.80 113.05 107.30

GBP/USD

Current level – 1.3070

The outlook remains bearish below 1.3150 resistance, for a violation of 1.3020 lows, towards 1.2907 zone.

Resistance Support
intraday intraweek intraday intraweek
1.3150 1.3220 1.3020 1.3020
1.3150 1.3340 1.2910 1.2760

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