• EUR/USD 

Current level - 1.2810

Forex Technical Analysis on EUR/USD

Yesterday's slide from 1.2897 has tested 1.2750 support area and current intraday bias is slightly positive, for an attempt at 1.2840 minor resistance, en route to 1.2930-50 key zone. Crucial on the downside is 1.2750 area, as a violation of that level will expose 1.2650 region.

Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.28401.29301.30171.3160
Support1.27501.26501.27501.2420

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  • USD/JPY

Current level - 100.43

Forex Technical Analysis on USD/JPY

The intraday bias is negative below 100.80 resistance area and current slide is expected to target 99.15-00 support zone. Crucial on the upside is 101.20.

Key Market Levels
Minor Intraday Major Intraweek
Resistance 100.80101.50102.50103.70
Support 99.8699.1598.5095.70

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  • GBP/USD

Current level - 1.4900

Forex Technical Analysis on GBP/USD

Today's low at 1.4814 should be considered a precise test of 1.4830 March low and I favor a broader consolidation pattern towards 1.5130, while 1.48+ support area is still intact. The intraday bias is positive above 1.4875 minor support and crucial on the downside is 1.4840. Initial resistance is projected around 1.4915, followed by the major hurdle at 1.5020.

Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.49151.50201.51301.5303
Support 1.48751.48401.48001.4220

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Trading Strategy
DATEORDERENTRYSLTP1TP2
EUR/USDJuly 10BUY MKT@1.28101.27501.2910---
USD/JPYJuly 10SELL MKT@100.42100.9099.30---
GBP/USDJuly 10BUY LMT@1.48851.48401.4980---