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

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

EUR/USD

Current level – 1.1424

Intraday allow a rise towards 1.1480-1510 area before drowning to 1.1300 static support.

Resistance Support
intraday intraweek intraday intraweek
1.1480 1.1510 1.1360 1.1300
1.1510 1.1750 1.1300 1.1100

USD/JPY

Current level – 110.89

The return above 110.40 has neutralized the bearish outlook and the bias is positive, for a test of 111.20 crucial level. I favor a break through the latter to initiate a rise towards 112.10 peak.

Resistance Support
intraday intraweek intraday intraweek
111.20 114.50 110.40 110.10
112.10 114.50 110.10 109.30

GBP/USD

Current level – 1.2790

The rebound after 1.2730 is currently set for a test of 1.2850 and if successful, for a spike to 1.2920 area. The general outlook on the senior frames remains bearish, for a slide towards 1.2570.

Resistance Support
intraday intraweek intraday intraweek
1.2850 1.2970 1.2730 1.2570
1.2920 1.3210 1.2630 1.2570

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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