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

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


EUR/USD

Current level – 1.2211

With the break through 1.2190 my outlook remains bearish, for a slide towards 1.2090 zone. Crucial on the upside is 1.2285 peak.

Resistance Support
intraday intraweek intraday intraweek
1.2285 1.2500 1.2160 1.2090
1.2320 1.2500 1.2090 1.1910

USD/JPY

Current level – 111.17

The break through 111.00 resistance is already a fact and the outlook remains positive, for a rise towards 112.00 area. Initial support is projected at 111.00 and crucial on the downside is 110.60.

Resistance Support
intraday intraweek intraday intraweek
111.50 112.00 111.00 109.50
112.00 113.75 110.60 109.50

GBP/USD

Current level – 1.3836

The reaction after 1.3940 peak signals a negative intraday bias, for another test at the key support at 1.3730. 

Resistance Support
intraday intraweek intraday intraweek
1.3850 1.4000 1.3730 1.3611
1.3940 1.4000 1.3650 1.3460

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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