HSBC's short-term analysis of the major pairs

HSBC offers a brief analysis on the forex's major pairs:

EUR/USD: Bearish bias. Support: 1.0487. Resistance: 1.0675.

The final value of US durable goods orders in January increased by 2% over last year. The EUR/USD has dropped to 1.0572.

GBP/USD: Bearish bias. Support: 1.2108. Resistance: 1.2466.

Uncertainties linked to Brexit are affecting the GBP. The GBP/USD plummeted to 1.2221.

The markets await the publication of January's industrial production figures.

USD/JPY: Neutral bias. Support: 112.40. Resistance: 115.32.

The USD/JPY fell to 113.53 amidst an increase in geopolitical risks.

The markets are awaiting publication of the January current account figures.