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 – 1.2361

The bias is positive, for a rise towards 1.2460 area. Initial support lies at 1.2290 area.

Resistance Support
intraday intraweek intraday intraweek
1.2390 1.2460 1.2290 1.2160
1.2460 1.2560 1.2240 1.2090

USD/JPY

Current level – 105.04

My outlook here is bearish below 105.20, for a slide towards 104.30, en route to 103.40 area. Crucial on the senior frames is 106.60.

Resistance Support
intraday intraweek intraday intraweek
105.20 108.30 104.30 104.30
106.60 110.40 103.40 102.50

GBP/USD

Current level – 1.4154

The failure at 1.4075 signals, that the uptrend is intact, heading towards 1.4280 Resistance. Only a break through 1.4075 support will signal a reversal and a slide towards 1.3910.

Resistance Support
intraday intraweek intraday intraweek
1.4220 1.4280 1.4075 1.3710
1.4280 1.4340 1.3910 1.3620

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