Analysis

EUR/USD: The reversal at 1.1255 will target 1.1400 area

EUR/USD Current level - 1.1331

The rebound after 1.1255 low clearly states, that the downtrend since 1.1513 high is over and my outlook here is already positive above 1.1300, for a rise towards 1.1400 area. 

resistance
intraday intraweek
1.1350 1.1630
1.1400 1.1820
support
intraday intraweek
1.1300 1.1214
1.1255 1.1100

 

 

USD/JPY Current level - 110.61

The uptrend is intact, heading towards 111.45 resistance. Major support is projected at 110.20.

resistance
intraday intraweek
111.45 111.45
112.10 114.50
support
intraday intraweek
110.20 106.70
109.60 104.60

 

 

GBP/USD Current level - 1.2911

The reversal at 1.2830 has neutralized the bearish bias and my outlook here is neutral below 1.2930 resistance.

resistance
intraday intraweek
1.2930 1.3290
1.3000 1.3480
support
intraday intraweek
1.2800 1.2800
1.2700 1.2610

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