Fx technical analysis
Today we will provide analysis and technical intraday trading levels for usd/jpy , eur/usd and usd/chf .
USD/JPY
USD/JPY tested 123.55 and then crashed hard from there and its currently trading at 121.35 . This forex pair lost almost 200 pips from its peak . A good support on chart at 120.80 . If market manage to break this and sustain below this support then expect 120.50 – 120.20 in today’s trading session .
USD/JPY chart has a good resistance at 122.02 . If market break this and this currency pair manage to sustain above our intraday hurdle then expect 122.40 – 122.80 again .
USD/JPY trend update : Trend is weak for now .
EUR/USD
Currently eur/usd trading at 1.0816 . A good support on chart at 1.0780 . If market break this and sustain below our support then expect sellers to have upper hand upto 1.740 today .
A good resistance on this forex pair chart at 1.0850 for today’s trading session . If market break this and sustain below our chart support then expect buyers to have upper hand upto 1.0900 – 1.0950 today .
EUR/USD trend update : This forex pair trend is in favor of sellers for now .
USD/CHF
USD/CHF surprisingly trading in positive zone at 0.9965 . A good support on chart at 0.9890 . If market break this and sustain below our intraday support level then expect this fx pair to correct upto 0.9850 – 0.9805 today .
If this forex pair click our chart resistance at 0.9998 and sustain above our today’s hurdle then expect buyers to have upper hand upto 1.0040 – 1.0100 today .
USD/CHF trend update : This fx pair trend is flat to positive for now .
More will update to our forex signal subscribers