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

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

EUR/USD

Current level – 1.1355

The upmove since 1.1180 low is over with yesterday’s peak at 1.1410 and the pair is currently testing 1.1350 static support. My outlook here is neutral

Resistance Support
intraday intraweek intraday intraweek
1.1450 1.1570 1.1350 1.1110
1.1570 1.1820 1.1250 1.1010

USD/JPY

Current level – 107.44

The corrective pattern continues to unfold and only a break through 106.70 boundary will unleash a slide towards 104.60 zone.Key static resistance lies at 107.70.

Resistance Support
intraday intraweek intraday intraweek
107.20 109.90 106.70 106.70
108.70 112.40 106.70 104.50

GBP/USD

Current level – 1.2667

A reversal has been confirmed at 1.2780 and the bias is negative, for a dip to 1.2600 area. Initial resistance lies at 1.2705.

Resistance Support
intraday intraweek intraday intraweek
1.2705 1.2890 1.2650 1.2503
1.2810 1.3170 1.2600 1.2420

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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