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

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


EUR/USD

Current level – 10930

The recent break through 1.0900 resistance signals a reversal of the slide at 1.0838 and the intraday bias is positive, for an attack of 1.0950 hurdle. A violation of the latter will challenge 1.1020 peak.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0950 1.1070 1.0900 1.0770
1.1020 1.1150 1.0835 1.0675

USD/JPY

Current level – 113.35

The recent slide has bottomed above 113.00 support zone and a break through the crucial high at 113.90 will show a renewal of the upmove towards 115.60 target mark. Minor intraday resistance lies at 113.50.

Resistance Support
intraday intraweek intraday intraweek
113.90 113.50 113.00 109.40
115.60 115.60 112.35 108.12

GBP/USD

Current level – 1.2903

The pair failed to break through 1.2830 crucial low and the intraday bias is neutral. Minor resistance lies at 1.2950.

Resistance Support
intraday intraweek intraday intraweek
1.2950 1.3120 1.2830 1.2770
1.3000 1.3500 1.2770 1.2610

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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