Forex Technical Analysis

EUR/USD

Current level - 1.3062

The recent test of 1.3110 resistance has failed and the outlook here is negative, for a slide towards 1.2950. Minor intraday resistance is projected at 1.3080.

Profit-taking affects gold curbing silver and platinum
Resistance Support
intra day intra-week intra day intra week
1.3110 1.3320 1.3000 1.2890
1.3200 1.3710 1.2950 1.2750


USD/JPY

Current level - 99.77

Although the uptrend from 95.75 is absolutely intact, due to the major resistance at 100.00 I favor a reversal below the mentioned area and a slide towards 98.40, en route to 97.25. Initial intraday support is projected at 99.33.

Resistance Support
intraday intraweek intraday intraweek
99.97 100.00 99.33 97.30
100.00 104.20 98.40 95.75


GBP/USD

Current level - 1.5211

Last week's reversal at 1.5367 confirms, that the downtrend from 1.5410 high is still intact and current intraday outlook is negative below 1.5270 resistance, towards 1.5155 support zone.

Resistance Support
intraday intraweek intraday intraweek
1.5270 1.5410 1.5200 1.5030
1.5380 1.5505 1.5150
1.4830

IMOH, Clement I.
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