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Forex Report: EUR/USD, USD/JPY, GBP/USD

Published 03/20/2014, 07:24 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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EUR/USD



Current Level: 1.3817

<span class=EUR/USD Chart" title="EUR/USD Chart" width="474" height="242">

The sharp sell-off from yesterday's peak at 1.3930 has reached a local low at 1.3809 and the intraday bias is undoubtedly bearish below 1.3845 minor resistance. Only a break through the crucial 1.3880 will signal a reversal for 1.4000 sentiment zone.

<span class=EUR/USD Resistance & Support" title="EUR/USD Resistance & Support" width="474" height="242">

USD/JPY


Current Level: 102.37

<span class=USD/JPY Chart" title="USD/JPY Chart" width="474" height="242">

The recent break through 101.90 resistance signal a bullish bias on the intraday frames, but while 102.82 area is intact, I favor a reversal for a slide towards 101.19 low.

<span class=USD/JPY Resistance & Support" title="USD/JPY Resistance & Support" width="474" height="242">

GBP/USD



Current Level: 1.6530

<span class=GBP/USD Chart" title="GBP/USD Chart" width="474" height="242">

Yesterday's peak at 1.6653 initiated a sell-off to 1.6506 and the intraday bias is still negative, for a tighter test of 1.6475 support zone. Initial minor resistance lies at 1.6599 and crucial on the upside is 1.6653 high.

<span class=GBP/USD Resistance & Support" title="GBP/USD Resistance & Support" width="474" height="242">

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