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

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

EUR/USD

Current level – 1.1442

I favor a dip to 1.1390 static support and 1.1480 minor resistance should cap the upside for now.

Resistance Support
intraday intraweek intraday intraweek
1.1480 1.1630 1.1430 1.1214
1.1630 1.1820 1.1390 1.1100

USD/JPY

Current level – 109.75

The violation of 109.10 hurdle has neutralized the negative bias and the outlook is positive, for a test of 110.20 hurdle. Crucial support is projected at 109.10.

Resistance Support
intraday intraweek intraday intraweek
110.20 111.45 109.10 106.70
111.45 112.20 107.70 104.60

GBP/USD

Current level – 1.3071

The intraday outlook is bearish, for a dip to 1.3000 static support and a break through the latter will allow a slide towards 1.2930.

Resistance Support
intraday intraweek intraday intraweek
1.3135 1.3290 1.3000 1.3000
1.3290 1.3480 1.2930 1.2800

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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