• EUR/USD 

Current level - 1.2265

Forex Technical Analysis on EUR/USD

Although the intraday bias is negative and the minor downtrend from 1.2386 is still intact, I expect a reversal to initiate a break through 1.2307 crucial level, for a rise towards 1.2442. Last week's low at 1.2240 is of no technical importance and crucial level on the senior frames remains 1.2135.

Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.23071.24421.27451.2960
Support1.22401.21351.21351.2040

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  • USD/JPY

Current level - 79.24

Forex Technical Analysis on USD/JPY

The outlook here remains positive, with an initial support at 79.02 and crucial level at yesterday's low at 78.60. Targets are projected within the 80.10-60 resistance zone.

Key Market Levels
Minor Intraday Major Intraweek
Resistance 79.4580.1080.6081.45
Support 79.0278.6077.9076.00

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  • GBP/USD

Current level - 1.5648

Forex Technical Analysis on GBP/USD

I expect current intraday slide to be limited above 1.5620-30 dynamic support and the mentioned area should provide a reliable basis for a rise towards 1.5785 major resistance.

Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.57281.57801.57801.6000
Support 1.56201.55701.54021.5270