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 – 1.1653

The intraday bias is still positive above 1.1620, but my outlook is counter-trend below 1.1690, for a violation of the crucial 1.1585, towards 1.1480.

Resistance Support
intraday intraweek intraday intraweek

1.1690

1.1840

1.1620

1.1480

1.1690

1.1940

1.1585

1.1300

USD/JPY

Current level – 113.42

The lack of an impulsive rebound above 113.00 area shows a neutral bias and only a violation of 114.05 crucial high will renew the positive outlook.

Resistance Support
intraday intraweek intraday intraweek

114.04

115.50

113.00

111.60

115.50

116.80

111.60

107.30

GBP/USD

Current level – 1.3121

The recent rise peaked precisely at 1.3220 resistance and the reversal at that zone signals a completion of the whole corrective rebound above 1.3030 low. My outlook is bearish, for a break through 1.3085 static support, towards 1.3020, en route to 1.2910.

Resistance Support
intraday intraweek intraday intraweek

1.3220

1.3220

1.3085

1.3020

1.3220

1.3340

1.3020

1.2760

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