Current level - 1.2994

Forex Technical Analysis on EUR/USD

Yesterday's low at 1.2919 is probably a final of the whole corrective downtrend from 1.6170 and my outlook here is bullish, for a break through 1.3085, towards 1.3170, en route to 1.3280 major resistance. Crucial on the downside is 1.2919.

Key Market Levels



Current level - 78.24

Forex Technical Analysis on USD/JPY

The lack of trend dynamics during the last trading sessions leaves the situation unchanged and the intraday bias is neutral. While 77.90 support remains intact I will continue to favor a minor rise toward the upper boundary of the current range at 79.00.

Key Market Levels
Minor Intraday Major Intraweek
Resistance 78.4779.2280.6081.45
Support 77.9077.1277.1275.50



Current level - 1.6255

Forex Technical Analysis on GBP/USD

The corrective pattern below 1.6273 peak is already over with yesterday's low at 1.6160 and the outlook here is positive, for a rise towards 1.6430, en route to 1.6610 major resistance area. 

Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.62731.64301.64301.6610
Support 1.61601.60501.57401.5270