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

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


EUR/USD

Current level – 1.2258

Intraday allow a brief rebound to 1.2330 resistance area before next drowning towards 1.2160 target area. Crucial on the upside is 1.2405.

Resistance Support
intraday intraweek intraday intraweek
1.2330 1.2540 1.2210 1.2160
1.2405 1.2870 1.2160 1.2090

USD/JPY

Current level – 108.96

The recent test of 109.70 failed again and the pair is struggling above the lower range boundary at 108.30. The outlook is positive above 108.30, for a rise through 109.70, towards 110.50.

Resistance Support
intraday intraweek intraday intraweek
109.70 111.90 108.30 108.30
111.50 113.40 108.30 107.30

GBP/USD

Current level – 1.3947

Yesterday’s spike to 1.4065 should be considered an inner part of the consolidation above 1.3835 and although there is an intraday risk of another climb to 1.4090 hurdle, the overall outlook on the senior frames remains bearish, for 1.3620.

Resistance Support
intraday intraweek intraday intraweek
1.3985 1.4090 1.3835 1.3730
1.4090 1.4174 1.3730 1.3620

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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