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

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


EUR/USD

Current level – 1.1851

The intraday bias is bearish and the pair is currently testing the key support at 1.1830. A violation of the latter will provoke a slide towards 1.1660 area. Crucial on the upside is 1.2000 peak.

Resistance Support
intraday intraweek intraday intraweek
1.2030 1.2160 1.1860 1.1830
1.2070 1.2500 1.1830 1.1660

USD/JPY

Current level – 111.62

My outlook remains bearish, for a break through 111.10, en route to 109.30. Initial minor resistance lies at 111.90 and crucial on the upside is 112.50.

Resistance Support
intraday intraweek intraday intraweek
112.50 112.80 111.10 108.12
112.80 114.50 109.30 107.30

GBP/USD

Current level – 1.3489

My outlook is still positive above 1.3440, for a rise through 1.3570 peak, towards 1.3830. A violation of 1.3440 will challenge 1.3340.

Resistance Support
intraday intraweek intraday intraweek
1.35770 1.3650 1.3440 1.3340
1.3650 1.3830 1.3340 1.3150

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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