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

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


EUR/USD

Current level – 10917

Nothing interesting here, as any upward attempt is still capped at 1.0950 and only a violation of the latter will challenge 1.1010 area. Key support lies at 1.0826.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0950 1.0950 1.0826 1.0780
1.1010 1.1010 1.0780 1.0676

USD/JPY

Current level – 112.12

The overall bias remains positive, for a break through 112.26 resistance, towards 112.90 dynamic hurdle. Crucial on the downside is 111.40 low.

Resistance Support
intraday intraweek intraday intraweek
112.26 112.26 111.42 109.40
112.90 113.50 110.60 108.12

GBP/USD

Current level – 1.2898

Yesterday’s failure at 1.2860 support led to a massive rebound all the way up to 1.2945 and the pair is currently getting ready for another test of the mentioned static area. Only a violation of the latter will expose 1.2770.

Resistance Support
intraday intraweek intraday intraweek
1.2945 1.3120 1.2860 1.2610
1.3000 1.3500 1.2770 1.2510

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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