Current level - 1.2933

Forex Technical Analysis on EUR/USD

Yesterday's local low at 1.2937 provoked a minor consolidation to 1.2990 resistance area and now the downtrend is renewed, for a break through 1.2880, en route to 1.2802. Key resistance is projected at 1.2990.

Key Market Levels



Current level - 78.31

Forex Technical Analysis on USD/JPY

Current rebound above 78.08 should be considered corrective in nature and the bias remains bearish, for a sell-off towards 77.42. Initial resistance is projected at 78.60.

Key Market Levels
Minor Intraday Major Intraweek
Resistance 78.4978.8879.2280.60
Support 78.0877.4276.5075.50



Current level - 1.6021

Forex Technical Analysis on GBP/USD

The downtrend broke through 1.6060 and the bias remains negative, for a slide towards 1.5930. Key resistance on the upside is 1.6060.

Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.60601.61701.63081.6610
Support 1.60001.59201.57501.5270