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

EUR/USD

Current level – 1.1569

I believe, that current dip is a minor pullback and should be limited above 1.1510, followed by another attempt higher, towards 1.1640. Intraday allow a dip to 1.1510 area.

Resistance Support
intraday intraweek intraday intraweek
1.1640 1.1835 1.1510 1.1300
1.1720 1.2010 1.1440 1.1100

USD/JPY

Current level – 111.78

My outlook is counter-trend against 111.65, for a reversal and climb towards 112.50 resistance. An eventual break lower will challenge 110.40.

Resistance Support
intraday intraweek intraday intraweek
112.50 114.40 111.65 111.65
113.50 114.40 111.40 110.40

GBP/USD

Current level – 1.3113

A reversal has been confirmed at 1.3260 and the bias is already bearish, for a slide towards 1.3010, en route to 1.2870 area. Key hurdle on the upside is projected at 1.3180.

Resistance Support
intraday intraweek intraday intraweek
1.3180 1.3440 1.3010 1.2570
1.3295 1.3440 1.2870 1.2570

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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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