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

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

EUR/USD

Current level – 1.1737

The support at 1.1680 managed to hold yesterday’s downward pressure, but I don’t think the slide is over, so expect another dip to 1.1630-1.1600 area.

Resistance Support
intraday intraweek intraday intraweek
1.1790 1.1830 1.1680 1.1510
1.1830 1.2050 1.1600 1.1300

USD/JPY

Current level – 111.05

The recent rise maneged to test 111.40 resiatnce and the pullback was limited above 110.80. My intraday outlook is neutral within the 110.80-111.40 range.

Resistance Support
intraday intraweek intraday intraweek
111.40 111.40 110.80 107.80
111.40 114.40 110.25 106.70

GBP/USD

Current level – 1.3267

My outlook remains negative, for a break through 1.3200 area, towards 1.3100 zone.

Resistance Support
intraday intraweek intraday intraweek
1.3320 1.3618 1.3200 1.3040
1.3460 1.3990 1.3100 1.2770

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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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