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 – 1.1793

The break through 1.1730 dynamic resistance signals a reversal of the whole downmove from 1.2090 and my outlook here is bullish, for a rise towards 1.1870 area. Initial support is found around 1.1775, followed by 1.1730 break-out area.

Resistance Support
intraday intraweek intraday intraweek
1.1870 1.1870 1.1775 1.1690
1.2000 1.2090 1.1730 1.1550

USD/JPY

Current level – 113.10

The failure below 114.05 crucial resistance signals a bearish outlook, for a break through 113.00 area, towards 111.60 support. Crucial on the upside is the intraday high at 113.50.

Resistance Support
intraday intraweek intraday intraweek
113.50 115.50 113.00 111.60
114.05 116.80 111.60 107.30

GBP/USD

Current level – 1.3150

Despite the failure at 1.3180 resistance, my outlook here is bullish above 1.3130, for a rise towards 1.3220 and 1.3340 later on.

Resistance Support
intraday intraweek intraday intraweek
1.3180 1.3220 1.3130 1.3020
1.3220 1.3340 1.3060 1.2760

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