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

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


EUR/USD

Current level – 1.1212

The corrective pattern below 1.1270 peak is still underway, so I favor a break through 1.1170 to challenge 1.1080 area. Crucial resistance lies at 1.1300.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.1270 1.1300 1.1170 1.1022
1.1300 1.1300 1.1080 1.0838

USD/JPY

Current level – 111.30

The intraday bias is negative after the second failure at 112.00, for a slide towards 110.80, en route to 110.20.

Resistance Support
intraday intraweek intraday intraweek
112.00 114.30 110.80 109.40
113.00 115.60 110.20 108.12

GBP/USD

Current level – 1.2878

The intraday bias is bearish, for a break through 1.2830, towards 1.2705 zone. Initial resistance lies at 1.2930.

Resistance Support
intraday intraweek intraday intraweek
1.3050 1.3120 1.2900 1.2770
1.3120 1.3500 1.2830 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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