HomeContributorsTechnical AnalysisForex Technical Analysis

Forex Technical Analysis


EUR/USD

Current level – 10773

Yesterday’s slide to 1.0712 support has finalized the corrective pattern below 1.0780 and the bullish outlook is reinstated, for a rise towards 1.0828 resistance. 

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0828 1.0870 1.0712 1.0600
1.0870 1.0945 1.0600 1.0490

USD/JPY

Current level – 112.66

The overall outlook remains negative below 112.90, for a slide towards 111.60 area. Crucial on the upside is still 113.50.

Resistance Support
intraday intraweek intraday intraweek
112.90 115.65 111.60 111.60
114.50 118.65 111.60 110.30

GBP/USD

Current level – 1.2374

There is a minor reversal at 1.2432 and there is an intraday risk of a dip to 1.2300 area before advancing towards 1.2570 resistance zone.

Resistance Support
intraday intraweek intraday intraweek
1.2475 1.2570 1.2300 1.2107
1.2570 1.2570 1.2250 1.1984

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.

Featured Analysis

Learn Forex Trading