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 – 10672

Despite the minor rebound above 1.0635, the overall outlook remains bearish below 1.0700 resistance, for a tight test of 1.0600 support zone.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek

1.0700

1.0904

1.0600

1.0600

1.0828

1.1010

1.0490

1.0490

USD/JPY

Current level – 110.72

Yesterday’s low at 110.26 signals a reversal of the downtrend from 112.20 and my outlook is positive, for a rise towards 111.20, en route to 112.26 area.

Resistance Support
intraday intraweek intraday intraweek

111.20

113.50

110.16

109.75

112.26

115.65

108.50

107.80

GBP/USD

Current level – 1.2447

The overall outlook is still bearish after the recent break through 1.2465, for a slid towards 1.2375, en route to 1.2235 support area.

Resistance Support
intraday intraweek intraday intraweek

1.2465

1.2620

1.2375

1.2230

1.2555

1.2705

1.2235

1.2107

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