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 – 1.2313

Yesterday’s consolidation above 1.2360 was followed by a brief rise to 1.2450, finalizing the whole rise since 1.2160 low. The outlook is bearish below 1.2360, for 1.2250, en route to 1.2160.

Resistance Support
intraday intraweek intraday intraweek
1.2360 1.2460 1.2250 1.2160
1.2460 1.2560 1.2160 1.2090

USD/JPY

Current level – 106.76

The violation of 106.50 resistance signals a positive bias, for 108.00 area. Crucial on the downside is 105.85 and initial support lies at 106.50.

Resistance Support
intraday intraweek intraday intraweek
107.20 108.30 106.50 105.20
108.00 110.40 105.85 102.40

GBP/USD

Current level – 1.3799

Yesterday’s slide shows a completion of the whole rise since 1.3710 low and the outlook is bearish, for 1.3620 major support area. Initial intraday resistance lies at 1.3850.

Resistance Support
intraday intraweek intraday intraweek
1.3850 1.4060 1.3710 1.3710
1.3930 1.4280 1.3710 1.3620

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