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

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

EUR/USD

Current level – 1.1650

The intraday bias remains bearish and a break through 1.1620 will challenge 1.1570 low. Crucial on the upside is 1.1700.

Resistance Support
intraday intraweek intraday intraweek
1.1670 1.1750 1.1620 1.1510
1.1750 1.1830 1.1570 1.1300

USD/JPY

Current level – 111.59

The failure at 112.10 hurdle led to a corrective pullback and intraday there is a chance for a dip to 111.25 before anothe leg upwards, to 112.65.

 

Resistance Support
intraday intraweek intraday intraweek
112.10 114.50 111.25 110.25
113.20 114.50 110.25 109.30

GBP/USD

Current level – 1.3101

The pair is ready for a break through 1.3080 zone, towards 1.3030 area. Initial  resistance lies at 1.3140.

Resistance Support
intraday intraweek intraday intraweek
1.3140 1.3460 1.3080 1.2960
1.3210 1.3620 1.3030 1.2770

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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