HomeContributorsTechnical AnalysisForex Technical Analysis: EUR/USD, USD/JPY, GBP/USD

Forex Technical Analysis: EUR/USD, USD/JPY, GBP/USD


EUR/USD

Current level – 10931

Yesterday’s rise performed a precise test of 1.0950 resistance and the intraday bias is still positive with an initial support at 1.0900. Crucial on the downside is 1.0826.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0946 1.0946 1.0900 1.0780
1.1010 1.1010 1.0826 1.0676

USD/JPY

Current level – 111.42

The uptrend is intact, ready for a break through 111.50, towards 112.26 resistance area. Initial support is projected at 110.50, followed by the crucial one at 109.40.

Resistance Support
intraday intraweek intraday intraweek
111.50 112.26 110.50 109.40
112.26 113.50 109.40 108.12

GBP/USD

Current level – 1.2824

The bias remains neutral within the consolidation pattern below 1.2904 peak, with a risk of a dip towards 1.2705 area. 

Resistance Support
intraday intraweek intraday intraweek
1.2904 1.3000 1.2770 1.2610
1.3000 1.3500 1.2705 1.2510

DeltaStock Inc.
DeltaStock Inc.http://www.deltastock.com/
These analyses are for information purposes only. They DO NOT post a BUY or SELL recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources. The forecasts made are based on technical analysis. However, Delta Stock’s Analyst Dept. also takes into consideration a number of fundamental and macroeconomic factors, which we believe impact the price moves of the observed instruments. Delta Stock Inc. assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person's reliance upon the information on this page. Delta Stock Inc. shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without notice.

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