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Analysis

EURUSD: Bullish for 1.2215 area

EUR/USD Current level - 1.2106

Yesterday's impulsive rise above 1.2000 has neutralized the negative outlook and today's climb above 1.2090 signals, that an uptrend is on the run, with an initial target at 1.2215. Crucial on the downside is 1.2010 zone.

resistance

intraday

intraweek

1.1970

1.2090

1.2000

1.2240

support

intraday

intraweek

1.1910

1.1910

1.1810

1.1715

 

USD/JPY Current level - 111.23

The downtrend has been renewed, for a break through 111.00 area, towards 110.00-109.50.

resistance

intraday

intraweek

112.00

113.75

112.40

114.70

support

intraday

intraweek

111.00

111.00

110.00

109.50

 

GBP/USD Current level - 1.3573

The violation of 1.3560 crucial high signals a completion of the whole consolidation below 1.3611 and the outlook is bullish, for a break through the mentionedpeak, towards 1.3800 area.

resistance

intraday

intraweek

1.3560

1.3660

1.3610

1.3660

support

intraday

intraweek

1.3430

1.3430

1.3340

1.3300



 

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