empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

22.01.202508:45 Forex Analysis & Reviews: EUR/USD and GBP/USD on January 22 - Technical Analysis of the Situation

Relevancia 01:00 2025-01-23 UTC--5

EUR/USD

Exchange Rates 22.01.2025 analysis

Higher Timeframes

Yesterday's trading failed to maintain the upward momentum, but the pair remained above the weekly short-term trend level of 1.0404. If the bulls can hold their position and overcome the daily Ichimoku cross, with a final level at 1.0399, a renewed rally could target the daily cloud region, as well as the weekly resistance at 1.0575 and the monthly resistance at 1.0597. However, if the weekly short-term trend level of 1.0404 is lost, the bears are likely to push for a reversal and further downside. Key support levels in this scenario are located at 1.0357 and 1.0308 (which are daily Ichimoku cross levels). The primary bearish target would then be a resumption of the downward trend at 1.0179.

Exchange Rates 22.01.2025 analysis

H4 – H1

On lower timeframes, the pair is currently consolidating around the central Pivot level of 1.0403. A breakout from this consolidation could dictate today's trading direction. The bulls can aim for the classic Pivot resistance levels of 1.0463, 1.0496, and 1.0556 throughout the day. Conversely, a break below 1.0403 would pave the way for a corrective decline, with the key threshold being the weekly long-term trend at 1.0331. Breaching this level and reversing the trend would shift the balance of power in favor of the bears. Additional intraday bearish targets include the classic Pivot support levels of 1.0370, 1.0310, and 1.0277.

***

GBP/USD

Exchange Rates 22.01.2025 analysis

Higher Timeframes

The bulls are hopeful about advancing the upward correction. However, they face challenges due to the strong influence and pull of the upper boundary of the monthly cloud at 1.2301. If the bulls manage to break through this level, they will encounter resistance in the 1.2425–1.2456 range, which presents obstacles across all higher timeframes. Should they fail to surpass the upper boundary of the weekly cloud at 1.2301, it would likely prompt a return to the cloud, with bearish targets set at the daily short-term trend level of 1.2227 and the lower boundary of the cloud at 1.2099.

Exchange Rates 22.01.2025 analysis

H4 – H1

On the lower timeframes, the bulls continue to maintain the upper hand, but the market is currently experiencing a pause. If bullish movement resumes, attention will shift to classic Pivot resistance levels at 1.2395, 1.2438, and 1.2522. In the event of a corrective decline, key levels to watch will be 1.2311 (the central Pivot level) and 1.2244 (the weekly long-term trend). A breakout and trend reversal at these levels could shift the balance of power in favor of the bears. Additional intraday bearish targets include the classic Pivot support levels at 1.2268, 1.2184, and 1.2141.

***

Technical Analysis Components:
  • Higher Timeframes: Ichimoku Kinko Hyo (9.26.52) and Fibonacci Kijun levels
  • H1: Classic Pivot Points and 120-period Moving Average (weekly long-term trend)

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Evangelos Poulakis,
Analytical expert of InstaSpot
© 2007-2025
Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.