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

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

EUR/USD

Current level – 1.1447

Intraday, I expect 1.1470 minor resistance to initiate a slide for 1.1390 support.

Resistance Support
intraday intraweek intraday intraweek
1.1570 1.1630 1.1450 1.1214
1.1630 1.1820 1.1390 1.1100

USD/JPY

Current level – 108.89

The resistance at 109.10 should cap the upside, for the next leg downwards, to 107.70. Crucial on the upside is 109.75 high.

Resistance Support
intraday intraweek intraday intraweek
109.10 111.45 108.70 106.70
110.20 112.20 107.70 104.60

GBP/USD

Current level – 1.3099

I still favor a dip to 1.3000 area and while the whole pattern below 1.3210 remains corrective, the outlook on the senior frames will be positive, for a rise towards 1.3290.

Resistance Support
intraday intraweek intraday intraweek
1.3135 1.3290 1.3000 1.3000
1.3290 1.3480 1.2930 1.2800

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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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