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

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


EUR/USD

Current level – 10893

The intraday bias is negative, for a slide towards 1.0826 support and a break through the latter will challenge 1.0770 area. Key resistance is still projected at 1.0950.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0950 1.0950 1.0826 1.0780
1.1010 1.1010 1.0780 1.0676

USD/JPY

Current level – 112.78

The pair has reached the dynamic resistance at 112.90, but there are no signs of a reversal yet, so the outlook remains positive, for a rise towards 113.50 zone. Key support lies at 112.26.

Resistance Support
intraday intraweek intraday intraweek
112.90 113.50 112.26 109.40
113.50 115.60 110.40 108.12

GBP/USD

Current level – 1.2874

The intraday bias here is bearish, for a break through 1.2860 hurdle, towards 1.2770 support zone. Crucial on the upside is 1.2965 peak. 

Resistance Support
intraday intraweek intraday intraweek
1.2965 1.3120 1.2860 1.2610
1.3000 1.3500 1.2770 1.2510

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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