Forex Trading Library

EUR/USD – 22.01.2026

By Rami Abu-Draa On Jan 22, 2026

The Euro managed to hit a rebound towards 1.1768 so far.
As we see from the chart, the market seems to be building a triangle formation which could lead prices inside a trading zone between support 1.1530-50 and resistance 1.1810.
Above 1.1810 more advance toward 1.1950-70 will be expected.
Below 1.1530 more of a drop will be expected with support at 1.1390.

	SUPPORT	RESISTANCE
LEVEL1	1.1530-50	1.1810
LEVEL2	1.1390	1.1950-70
LEVEL3	1.1210	1.2100

Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

Intraday Analysis 22.01.2026

GBP/USD – 22.01.2026