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 – 1.2404

The short-lived spike to 1.2475 sets the finale of the rise since 1.2240 low and the bias is bearish, for a break through 1.2380, towards 1.2240.

Resistance Support
intraday intraweek intraday intraweek
1.2420 1.2560 1.2380 1.2160
1.2510 1.2560 1.2240 1.2090

USD/JPY

Current level – 105.60

My outlook is bearish, for a break through 105.20, towards 104.30.

Resistance Support
intraday intraweek intraday intraweek
105.90 108.30 105.20 104.30
106.60 110.40 104.30 102.50

GBP/USD

Current level – 1.4192

The massive sell-off at 1.4240 shows a reversal of the whole upmove since 1.3710 and the outlook here is bearish, for a slide through 1.4075, towards 1.3910.

Resistance Support
intraday intraweek intraday intraweek
1.4200 1.4280 1.4075 1.3710
1.4240 1.4340 1.3910 1.3620

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