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

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

EUR/USD

Current level – 1.1367

The overall bias remains bearish below 1.1430 and crucial on the upside is 1.1490 high. A break through the latter will signal a reversal and will challenge 1.1730 area. Key support lies at 1.1300.

Resistance Support
intraday intraweek intraday intraweek
1.1430 1.1835 1.1350 1.1430
1.1490 1.2010 1.1300 1.1300

USD/JPY

Current level – 112.16

Yesterday’s rise failed to break through 112.70 peak, so there is a risk of another dip to 111.60. A break through 112.40 will signal a rise towards 113.50.

Resistance Support
intraday intraweek intraday intraweek
112.40 114.40 111.65 111.65
113.50 114.40 111.65 110.40

GBP/USD

Current level – 1.2806

The downtrend remains intact and there is still no sign of a reversal. Initial resistance  lies at 1.2870 and crucial on the upside is 1.2940. Next major support below 1.2800 is projected at 1.2660.

Resistance Support
intraday intraweek intraday intraweek
1.2870 1.3010 1.2800 1.2660
1.2940 1.3440 1.2660 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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