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 – 1.2002

The rebound above 1.2060 has been a short-lived one and the  resistance at 1.2160 managed to cap the upside, so the bias remains bearish, for a slide towards 1.1920.

Resistance Support
intraday intraweek intraday intraweek
1.2060 1.2300 1.1920 1.1920
1.2160 1.2413 1.1840 1.1720

USD/JPY

Current level – 109.76

The uptrend has been renewed with the climb above 109.50, for a test of 110.20-30 area. Crucial on the downside is 109.00 low.

Resistance Support
intraday intraweek intraday intraweek
110.20 110.20 109.50 106.60
111.30 111.90 108.50 104.60

GBP/USD

Current level – 1.3604

The bias remains bearish after the break through 1.3710 and next major support is projected at 1.3460. Key resistance lies at 1.3710 and crucial on the upside is 1.3790.

Resistance Support
intraday intraweek intraday intraweek
1.3710 1.3990 1.3600 1.3460
1.3790 1.4100 1.3460 1.3310

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