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

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


EUR/USD

Current level – 1.1896

The slide form 1.2070 is still intact and next major support lies at 1.1830. Key resistance on the upside is projected at 1.1950 and a violation of the latter will signal a reversal of the negative bias.

Resistance Support
intraday intraweek intraday intraweek
1.1950 1.2070 1.1830 1.1830
1.2070 1.2160 1.1750 1.1580

USD/JPY

Current level – 110.46

The uptrend is still intact and next major resistance lies at 111.00 area. Key support lies at 109.80 and a violation of the latter will challenge 109.00 and 108.10 lows again.

Resistance Support
intraday intraweek intraday intraweek
111.00 111.00 109.80 108.10
112.20 112.20 109.00 107.00

GBP/USD

Current level – 1.2903

Allow another intraday dip to 1.2850 area, before bouncing higher, towards 1.3050 zone.

Resistance Support
intraday intraweek intraday intraweek
1.2980 1.3157 1.2846 1.2773
1.3050 1.3260 1.2773 1.2606

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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