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Major Currency Pairs: EUR/USD USD/JPY GBP/USD : July 25, 2013

Published 07/25/2013, 08:16 AM
Updated 03/09/2019, 08:30 AM
EUR/USD
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GBP/USD
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USD/JPY
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JPY/GBP
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EUR/USD

Current level - 1.3206
<span class=EUR/USD" width="500" height="340">
Yesterday's slide bottomed at 1.3175 in an attempt to test 1.3160 key support area and the overall outlook remains positive, for a rise towards 1.3310. Crucial support on the downside is 1.3160 area.
Resistance & Support
USD/JPY

Current level - 99.92
<span class=USD/JPY" width="500" height="340">
I think, that the consolidation pattern above 99.10 is already over with yesterday's triple test of 100.43 and my outlook here is bearish, for a break through the dynamic support around 99.70, en route to 98.88 and 98.20 low.
Resistance & Support
GBP/USD

Current level - 1.5349
<span class=GBP/USD" width="500" height="340">
The bias here remains positive and current pattern below 1.5390 should be considered corrective, thus preceding an advance towards 1.5450, en route to 1.5530. Key support area is projected around 1.5295.
Resistance & Support

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