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

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

EUR/USD

Current level – 1.1211

Yesterday’s peak at 1.1260 has finalized the consolidation pattern pattern and the bias is bearish again, for a break through 1.1175 support, en route to 1.1010 target area.

Resistance Support
intraday intraweek intraday intraweek
1.1215 1.1330 1.1175 1.1175
1.1260 1.1450 1.1010 1.0860

USD/JPY

Current level – 111.79

Trading remains calm in the tight range between 111.50 and 112.15 and I continue to favor a break on the upside, for a rise towards 113.20 area.

Resistance Support
intraday intraweek intraday intraweek
112.15 113.20 111.50 108.90
113.20 114.50 110.50 107.40

GBP/USD

Current level – 1.2919

The pair finally broke through 1.2960 support area and the outlook is bearish, for a dip to 1.2810 zone. Crucial on the upside is 1.3015 high.

Resistance Support
intraday intraweek intraday intraweek
1.2960 1.3450 1.2900 1.2810
1.3015 1.3450 1.2810 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.

Featured Analysis

Learn Forex Trading