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 – 1.2374

The reversal at 1.2413 has neutralized the positive outlook and signals, that the prolonged consolidation pattern below 1.2560 is still on the run. The intraday bias is bearish, for a break through 1.2340, towards 1.2280-60 zone.

Resistance Support
intraday intraweek intraday intraweek
1.2380 1.2560 1.2340 1.2160
1.2470 1.2560 1.2260 1.2090

USD/JPY

Current level – 107.34

The rebound after 106.88 low signals another bull leg towards 107.77 peak, en route to 108.30 major hurdle. Minor intraday support is projected at 107.15. Crucial on the downside is 106.60.

Resistance Support
intraday intraweek intraday intraweek
107.15 108.30 107.15 105.20
107.80 110.40 106.60 104.60

GBP/USD

Current level – 1..4305

The recent reversal at 1.4375 signals a bearish intraday bias, for a slide towards 1.4217 support area. On the senior frames the outlook is bullish, for 1.4501 zone.

Resistance Support
intraday intraweek intraday intraweek
1.4375 1.4501 1.4217 1.4090
1.4501 1.4770 1.4090 1.3960

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