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

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


EUR/USD

Current level – 1.1104

The uptrend is still intact, heading for a test of 1.1130 resistance area. Initial minor support lies at 1.1094 and crucial on the downside is 1.1064. Only a break through the latter will signal a completion of the whole upmove since 1.0838 low. 

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.1130 1.1130 1.1094 1.1022
1.1200 1.1300 1.1022 1.0838

USD/JPY

Current level – 112.38

The pair did break through 113.00 support and the bias is bearish, for a tight test of 111.90 area. The latter should provide a reliable base for another upswing towards 114.30 peak.

Resistance Support
intraday intraweek intraday intraweek
113.00 114.30 112.00 109.40
114.30 115.60 112.00 108.12

GBP/USD

Current level – 1.2930

Nothing interesting here and the outlook remains absolutely neutral. Only a violation of the range boundaries at 1.3000 and 1.2830 will signal trend dynamics.

Resistance Support
intraday intraweek intraday intraweek
1.2950 1.3120 1.2830 1.2770
1.3000 1.3500 1.2770 1.2610

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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