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 – 1.1851

The intraday bias is still positive, but due to the proximity of 1.1870 resistance, there is a risk of an intraday slide towards 1.1770. A break through 1.1870 will challenge 1.1940 area.

Resistance Support
intraday intraweek intraday intraweek

1.1870

1.1940

1.1770

1.1690

1.1940

1.2090

1.1690

1.1550

USD/JPY

Current level – 111.47

My outlook remains bullish against 111.00 support, for a rise to 111.90 resistance. A violation of the latter will challenge the crucial 112.70.

Resistance Support
intraday intraweek intraday intraweek

111.90

112.70

111.00

109.50

112.70

114.70

109.50

107.30

GBP/USD

Current level – 1.3290

The initial pullback below 1.3340 is limited above 1.3280 support and only a clear break through 1.3220 crucial low will signal a reversal of the whole upmove since 1.3060.

Resistance Support
intraday intraweek intraday intraweek

1.3340

1.3340

1.3280

1.3220

1.3460

1.3460

1.3220

1.3020

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