• EUR/USD 

Current level - 1.2464

Forex Technical Analysis on EUR/USD

A local high has been set at 1.2488 and current slide is just a corrective pullback, preceding next wave upwards, to 1.2560. Initial intraday support is projected at 1.2440 and crucial on the downside is 1.2380 break-out level.

Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.24881.25601.27451.2960
Support1.24401.23801.22901.2130

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  • USD/JPY

Current level - 79.29

Forex Technical Analysis on USD/JPY

The corrective pattern after the recent peak at 79.64 is still underway, but expect it to be limited above 79.02 support, which should provide a reliable basis for a rise towards 80.10-60 area. Key level on the upside is 79.53 intraday high.

Key Market Levels
Minor Intraday Major Intraweek
Resistance 79.6480.1080.6081.45
Support 79.0278.6077.9076.00

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  • GBP/USD

Current level - 1.5779

Forex Technical Analysis on GBP/USD

Yesterday's break above 1.5780 static resistance clearly shows, that the bullish bias is absolutely intact and I expect a continuation of the uptrend towards 1.5980. Current slide below 1.5804 should be considered corrective and I expect it to be limited above 1.5740 intraday support. Crucial on the downside remains 1.5680.

Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.58421.59801.60501.6300
Support 1.57401.56801.54901.5270