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

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

EUR/USD

Current level – 1.1539

The pair is currently testing 1.1530 support area and my outlook is counter-trend, for a reversal and bounce towards 1.1730. An eventual break through the mentioned support will target bids around 1.1440.

Resistance Support
intraday intraweek intraday intraweek
1.1630 1.1835 1.1530 1.1300
1.1730 1.2010 1.1440 1.1100

USD/JPY

Current level – 113.73

As the uptrend is approaching 114.40 hurdle, there is a growing risk of a reversal and slide back towards 112.40. There is still no clear sign and my outlook is neutral.

Resistance Support
intraday intraweek intraday intraweek
114.40 114.40 113.20 111.65
114.40 114.40 112.40 110.40

GBP/USD

Current level – 1.3009

The bias is bearish, for a tight test of 1.2970 and the latter should be able to provoke a rebound towards 1.3210 area. Crucial is 1.3100.

Resistance Support
intraday intraweek intraday intraweek
1.3100 1.3440 1.2970 1.2570
1.3295 1.3440 1.2870 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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