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

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

EUR/USD

Current level – 1.1711

The pair is currently testing 1.1730 resistance area and I favor a break through the mentioned hurdle to allow a rise towards 1.1830. Initial intraday support lies at 1.1670, followed by the crucial 1.1630.

Resistance Support
intraday intraweek intraday intraweek
1.1730 1.1730 1.1670 1.1510
1.1830 1.1830 1.1600 1.1300

USD/JPY

Current level – 110.63

The outlook is bearish below 110.80, for a break through 110.25, towards 109.40.

Resistance Support
intraday intraweek intraday intraweek
110.80 111.40 110.25 107.80
111.40 114.40 109.40 106.70

GBP/USD

Current level – 1.3235

My outlook remains positive for a rise towards 1.3310. Crucial is 1.3160.

Resistance Support
intraday intraweek intraday intraweek
1.3310 1.3618 1.3200 1.3040
1.3310 1.3990 1.3160 1.2770

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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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