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

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

EUR/USD

Current level – 1.1225

The violation of 1.1250 shows a bearish bias, for a test of 1.1180 lows. Initial intraday hurdle is 1.1250 and crucial on the upside is 1.1320.

Resistance Support
intraday intraweek intraday intraweek
1.1250 1.1570 1.1180 1.1110
1.1320 1.1820 1.1110 1.1010

USD/JPY

Current level – 108.30

The test of 108.10 resistance  was successful and the bias is positive, for a break through 108.80 zone. Initial intraday support lies at 108.10.

Resistance Support
intraday intraweek intraday intraweek
108.80 109.80 108.10 106.70
109.80 112.40 107.50 104.50

GBP/USD

Current level – 1.2523

The bias is negative below 1.2550, for a tight test of 1.2440 area. Crucial on the upside is 1.2600.

Resistance Support
intraday intraweek intraday intraweek
1.2550 1.2890 1.2440 1.2440
1.2660 1.3170 1.2440 1.2360

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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