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

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

EUR/USD

Current level – 1.1256

The break through 1.1300 clearly signals, that the prolonged consolidation is over and the general downtrend is renewed, towards 1.1100, en route to 1.0860. Initial resistance  lies at 1.1300 and crucial on the upside is 1.1360.

Resistance Support
intraday intraweek intraday intraweek
1.1300 1.1360 1.1200 1.1300
1.360 1.1500 1.1100 1.1110

USD/JPY

Current level – 114.14

The bias is positive, for a break through 114.50, towards 116.20 area. Crucial on the downside is 112.90 low.

Resistance Support
intraday intraweek intraday intraweek
114.50 114.50 113.60 111.60
115.50 116.20 112.90 110.40

GBP/USD

Current level – 1.2857

The downtrend is intact, heading towards 1.2780, en route to 1.2660 lows. Initial resistance lies at 1.2910 and crucial on the upside is 1.2950 area.

Resistance Support
intraday intraweek intraday intraweek
1.2960 1.3250 1.2770 1.2660
1.3040 1.3440 1.2660 1.2570

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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