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

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


EUR/USD

Current level – 1.1120

Yesterday’s peak at 1.1171 started a pullback and the intraday bias is slightly bearish, with a risk of a slide through 1.1080, towards 1.1020 support area.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek

1.1130

1.1130

1.1094

1.1022

1.1200

1.1300

1.1022

1.0838

USD/JPY

Current level – 111.23

The reversal at 110.23 shows a positive bias, for a break through 111.90resistance, towards 113.00 hurdle.

Resistance Support
intraday intraweek intraday intraweek

113.00

114.30

112.00

109.40

114.30

115.60

112.00

108.12

GBP/USD

Current level – 1.2948

The recent break through 1.2990 resistance was a short-lived one and the return below the mentioned area signals a risk of another attempt at 1.2830 crucial level. A break through the latter will confirm a reversal on the senior frames, challenging 1.2770 and 1.2610 areas. Key on the upside is 1.2990.

Resistance Support
intraday intraweek intraday intraweek

1.2990

1.3120

1.2830

1.2770

1.3050

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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