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

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

EUR/USD

Current level – 1.1806

The uptrend here is on its way for a tight test of 1.1830 resistance and I expect a reversal around that level to trigger a sell-off towards 1.1650. An eventual break through 1.1830 will clear all the way up to 1.2060.

Resistance Support
intraday intraweek intraday intraweek
1.1830 1.1830 1.1750 1.1480
1.1910 1.2060 1.1650 1.1300

USD/JPY

Current level – 110.04

My outlook is already counter-trend below 110.40, for a reversal and dive towards 109.00 area.

Resistance Support
intraday intraweek intraday intraweek
110.40 111.40 109.45 107.80
111.40 114.40 108.40 106.70

GBP/USD

Current level – 1.3442

As the pair is approaching 1.3460 resistance area I favor a reversal, for a downswing towards 1.3290. An eventual break through 1.3460 area will challenge 1.3620 zone.

Resistance Support
intraday intraweek intraday intraweek
1.3460 1.3618 1.3380 1.3210
1.3620 1.3990 1.3290 1.3040

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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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