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

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

EUR/USD

Current level – 1.1193

The intraday bias is bearish, as the market awaits FOMC’s decision later today. Initial target lies at 1.1110 low and crucial on the upside is 1.1250.

Resistance Support
intraday intraweek intraday intraweek
1.1250 1.1450 1.1110 1.1015
1.1350 1.1450 1.1110 1.0860

USD/JPY

Current level – 108.23

The outlook here remains neutral within the 109.05-107.70 range.

Resistance Support
intraday intraweek intraday intraweek
109.05 109.90 108.10 107.70
109.05 112.40 107.70 106.70

GBP/USD

Current level – 1.2556

There is a minor reversal at 1.2500 and although there is a risk of a further rebound to 1.2600 area, the bias is negative, for a final dip to 1.2420 area. Initial minor resistance lies at 1.2570. Key hurdle on the senior frame is 1.2650.

Resistance Support
intraday intraweek intraday intraweek
1.2570 1.2960 1.2500 1.2420
1.2650 1.3170 1.2420 1.2350

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