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 – 1.2426

The bias here is bullish above 1.2360, for a test of 1.2460, en route to 1.2550.

Resistance Support
intraday intraweek intraday intraweek
1.2360 1.2460 1.2280 1.2160
1.2460 1.2560 1.2160 1.2090

USD/JPY

Current level – 105.60

The test of 106.50 resistance failed and a break through 105.20 will signal a renewal of the downtrend, towards 104.30.

Resistance Support
intraday intraweek intraday intraweek
106.50 108.30 105.20 105.40
107.60 110.40 104.30 102.40

GBP/USD

Current level – 1.3900

The uptrend is still intact, with an intraday support at 1.3860 and there is a risk of another leg upwards, to 1.3970 dynamic resistance. Crucial on the downside is 1.3815 and a violation of that low will signal a slide towards 1.3620.

Resistance Support
intraday intraweek intraday intraweek
1.3930 1.4060 1.3860 1.3710
1.3970 1.4280 1.3815 1.3620

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