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

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

EUR/USD

Current level – 1.1379

The outlook remains bearish, for a slide towards 1.1310, en route to 1.1214 lows. Initial resistance lies at 1.1450.

Resistance Support
intraday intraweek intraday intraweek
1.1450 1.1630 1.1310 1.1214
1.1540 1.1820 1.1260 1.1100

USD/JPY

Current level – 108.90

The intraday bias is positive and a break through 109.20 will challenge 110.20 area. Crucial on the downside is 108.20 low.

Resistance Support
intraday intraweek intraday intraweek
109.10 111.45 108.20 106.70
109.10 112.20 106.70 104.60

GBP/USD

Current level – 1.2865

While 1.2930 peak holds, there will be a risk of another wave downwards, to 1.2800 and even 1.2710.

Resistance Support
intraday intraweek intraday intraweek
1.2930 1.3050 1.2800 1.2420
1.3050 1.3250 1.2710 1.2340

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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