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

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


EUR/USD

Current level – 1.1243

The upmove is still underway, targeting 1.1300 major resistance. Initial intraday support lies at 1.1210 and crucial on the downside is 1.1160 low.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.1300 1.1300 1.1210 1.1022
1.1300 1.1300 1.1160 1.0838

USD/JPY

Current level – 110.99

Despite the neutral bias, the outlook here remains positive, for a rise towards 11.90, en route to 113.00 area.

Resistance Support
intraday intraweek intraday intraweek
111.90 114.30 111.00 109.40
113.00 115.60 111.20 108.12

GBP/USD

Current level – 1.2988

A break through the static 1.3050 will challenge directly 1.3120 area. Crucial support on the downside is projected at 1.2830

Resistance Support
intraday intraweek intraday intraweek
1.3050 1.3120 1.2900 1.2770
1.3120 1.3500 1.2830 1.2610

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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