• EUR/USD 

Current level - 1.2376

Forex Technical Analysis on EUR/USD

Yesterday's attempt for a new high above 1.2443 failed and trading remains captured in a tight range above 1.2345 static support. My outlook is bullish, for a rise through 1.2401, towards 1.2509 and later on - 1.2740.

Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.24011.25091.27451.2960
Support1.23451.22201.21301.2040

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  • USD/JPY

 Current level - 78.39

Forex Technical Analysis on USD/JPY

The broad range above 77.90 continues to be intact and the intraday outlook is negative below 78.49 minor resistance. I favor a reversal above 78.00 to trigger a rise for a break beyond 78.75, en route to 80.10-60.

Key Market Levels
Minor Intraday Major Intraweek
Resistance 78.7779.1680.6081.45
Support 77.9077.9076.5076.00

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  • GBP/USD

Current level - 1.5583

Forex Technical Analysis on GBP/USD

Although the intraday bias is still negative after yesterday's peak at 1.5684, later today I expect a reversal to initiate a rise through 1.5620, towards 1.5780 major resistance area.

Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.56201.57801.57801.6000
Support 1.55501.54901.54021.5270