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

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

EUR/USD

Current level – 1.1775

The upmove peaked precisely at 1.1830 resistance  and the bias is already bearish, for a test of 1.1750. I favor a break through the mentioned support to allow a dip to 1.1650. Minor intraday resistance lies at 1.1790.

Resistance Support
intraday intraweek intraday intraweek
1.1790 1.1830 1.1750 1.1480
1.1830 1.2060 1.1650 1.1300

USD/JPY

Current level – 109.42

A reversal has been confirmed at 110.25 and the bias is bearish, for a test of 109.00, en route to 107.80 zone. Immediate resistance comes at 109.85.

Resistance Support
intraday intraweek intraday intraweek
109.85 111.40 109.00 107.80
110.40 114.40 107.90 106.70

GBP/USD

Current level – 1.3410

The test of 1.3460 failed and the outlook is bearish, for a slide towards 1.3290.

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

DeltaStock Inc.
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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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