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 – 1.2529

The violation of 1.2540 peak signals, that the general uptrend has been renewed on the daily frame, with a projection target at 1.2870. On the lower frames the outlook is bullish as well, for 1.2650 zone. Initial intraday support lies at 1.2517 and crucial on the downside is 1.2450.

Resistance Support
intraday intraweek intraday intraweek

1.2560

1.2650

1.2517

1.2380

1.2650

1.2870

1.2450

1.2210

USD/JPY

Current level – 105.92

The slide has reached 105.40 support area and next more significant support is projected at 102.40. Crucial on the upside is 106.80 and only a violation of that level will signal a reversal of the current downtrend from 108.70.

Resistance Support
intraday intraweek intraday intraweek

106.80

108.30

105.40

105.40

108.30

110.40

103.50

102.40

GBP/USD

Current level – 1.4103

The uptrend is intact, heading towards 1.4340 peak. Initial support lies at 1.4020.

Resistance Support
intraday intraweek intraday intraweek

1.4175

1.4280

1.4020

1.3760

1.4280

1.4340

1.3920

1.3620

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