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EUR/USD: Bearish intraday bias, for a test of 1.1530

EUR/USD Current level - 1.1582

The failure at 1.1650 signals a bearish bias, for a test of  1.1530, en route to 1.1480.

Forex Technical Analysis on EUR/USD
resistance
intradayintraweek
1.16001.1730
1.16401.1840
support
intradayintraweek
1.15301.1300
1.14851.1100
resistance
intradayintraweek
1.16001.1730
1.16401.1840
support
intradayintraweek
1.15301.1300
1.14851.1100

USD/JPY Current level - 111.46

The pair is ready for a test of 111.80 area and I favor a corrective pullback to 111.20 before breaking higher, towards 112.60.

Forex Technical Analysis on USD/JPY
resistance
intradayintraweek
111.80114.50
112.50114.50
support
intradayintraweek
111.15109.30
109.70109.30
resistance
intradayintraweek
111.80114.50
112.50114.50
support
intradayintraweek
111.15109.30
109.70109.30

GBP/USD Current level - 1.3023

The pullback after 1.3080 peak signals a bearish bias, for a continuation downwards, to 1.2870.

Forex Technical Analysis on GBP/USD
resistance
intradayintraweek
1.30801.3120
1.32501.3250
support
intradayintraweek
1.29601.2570
1.28701.2570
resistance
intradayintraweek
1.30801.3120
1.32501.3250
support
intradayintraweek
1.29601.2570
1.28701.2570

Author

Stoyan Mihaylov

Stoyan Mihaylov

DeltaStock.com

Stoyan Mihaylov, 42 years old, a Financial Analyst at Deltastock Inc, has an sixteen-year background as a senior FX Dealer, trading spot and outright forwards.

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