EUR/USD: Bearish below 1.1500, for 1.1410

EUR/USD Current level - 1.1456

The violation of 1.1500 support signals a negative bias, for a test of 1.1410 area. A break through the latter will target 1.1260 zone. Initial intraday resistance lies at 1.1500 and crucial on the upside is 1.1540.

Forex Technical Analysis on EUR/USD

resistance
intraday intraweek
1.1500 1.1630
1.1630 1.1820
support
intraday intraweek
1.1410 1.1214
1.1260 1.1100

 

 

USD/JPY Current level - 108.14

The outlook is bearish after the recent pullback at 108.50 resistance, for a downswing towards 106.70.

Forex Technical Analysis on USD/JPY

resistance
intraday intraweek
108.50 111.45
109.10 112.20
support
intraday intraweek
106.70 106.70
106.70 104.60

 

 

GBP/USD Current level - 1.2825

The last attempt at 1.2710 failed as well and the pair broke through the upper boundary at 1.2800, currently targeting 1.28850 resistance area. Intraday support lies at 1.2770 and crucial on the downside is 1.2710.

Forex Technical Analysis on GBP/USD

resistance
intraday intraweek
1.2885 1.2885
1.2885 1.3250
support
intraday intraweek
1.2710 1.2420
1.2615 1.2340

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