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 – 1.2258

Intraday allow a brief rebound to 1.2330 resistance area before next drowning towards 1.2160 target area. Crucial on the upside is 1.2405.

Resistance Support
intraday intraweek intraday intraweek
1.2330 1.2540 1.2210 1.2160
1.2405 1.2870 1.2160 1.2090

USD/JPY

Current level – 108.96

The recent test of 109.70 failed again and the pair is struggling above the lower range boundary at 108.30. The outlook is positive above 108.30, for a rise through 109.70, towards 110.50.

Resistance Support
intraday intraweek intraday intraweek
109.70 111.90 108.30 108.30
111.50 113.40 108.30 107.30

GBP/USD

Current level – 1.3947

Yesterday’s spike to 1.4065 should be considered an inner part of the consolidation above 1.3835 and although there is an intraday risk of another climb to 1.4090 hurdle, the overall outlook on the senior frames remains bearish, for 1.3620.

Resistance Support
intraday intraweek intraday intraweek
1.3985 1.4090 1.3835 1.3730
1.4090 1.4174 1.3730 1.3620

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