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

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


EUR/USD

Current level – 1.1512

The intraday bias is still bearish, for a slide towards 1.1480 support area. The latter should provide a reliable base for a renewal of the general uptrend, towards 1.1720. Key intraday resistance lies at 1.1550.

Resistance Support
intraday intraweek intraday intraweek
1.1550 1.1610 1.1480 1.1370
1.1610 1.1720 1.1370 1.1290

USD/JPY

Current level – 112.14

There is a minor reversal at 111.50 and the intraday bias is slightly positive, for another test of 112.80 hurdle.

Resistance Support
intraday intraweek intraday intraweek
112.80 114.50 111.50 111.75
113.50 115.50 110.30 110.20

GBP/USD

Current level – 1.3014

The outlook on the lower frames remains bearish, for a slide towards 1.2970 support. Initial intraday resistance is projected at 1.3050.

Resistance Support
intraday intraweek intraday intraweek
1.3050 1.3260 1.3000 1.2810
1.3130 1.3500 1.2970 1.2480

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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