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 – 1.2331

The resistance at 1.2370 is still intact and the bias is neutral within the 1.2260 – 2370 range. The intraday outlook is neutral.

Resistance Support
intraday intraweek intraday intraweek
1.2370 1.2460 1.2260 1.2210
1.2460 1.2560 1.2210 1.2090

USD/JPY

Current level – 107.01

The overall bias remains negative below 107.20, but an eventual break through that area will challenge again 107.90 highs.

Resistance Support
intraday intraweek intraday intraweek
107.20 108.30 106.40 105.40
107.90 110.40 105.40 102.40

GBP/USD

Current level – 1.3978

The dip below 1.4000 signals a reversal at 1.4060 and the bias is bearish below 1.4000, with a risk of further depreciation towards 1.3850. Trigger on the downside is 1.3950.

Resistance Support
intraday intraweek intraday intraweek
1.4060 1.4280 1.3950 1.3760
1.4150 1.4340 1.3850 1.3620

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