• EUR/USD 

Current level - 1.2762

Forex Technical Analysis on EUR/USD

Yesterday's sell-off bottomed at 1.2737 and current rebound should be considered corrective, preceding next slide to 1.2680-90. Initial intraday resistance is projected at 1.2785, followed by the break-out zone at 1.2830. Crucial for the whole downtrend from 1.3139 high is already 1.2875.

Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.27851.28801.30221.3170
Support1.27371.26501.26501.2430

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  • USD/JPY

Current level - 79.88

Forex Technical Analysis on USD/JPY

The recent attempt for a break beyond 80.43 failed and the pair remains in a ranging mode, but I favor a reversal around 79.60 for a rise through 80.43, en route to 81.70. Crucial on the downside is 79.26 low.

Key Market Levels
Minor Intraday Major Intraweek
Resistance 80.4380.6680.6081.80
Support 79.6079.2676.5075.50

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  • GBP/USD

Current level - 1.5982

Forex Technical Analysis on GBP/USD

My outlook here remains negative below 1.6005 intraday resistance, for a slide towards 1.5910 area. Crucial on the upside is 1.6043.

Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.60051.60431.63081.6610
Support 1.59551.59101.59101.5750