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

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

EUR/USD

Current level – 1.1382

The pair has tested precisely 1.1400 resistance, but there are no signs of a reversal yet, so the bias remains positive, for a climb towards 1.1450. Crucial on the downside is 1.1320 and only a slide through that level will signal a reversal of the upmove since 1.1230 low.

Resistance Support
intraday intraweek intraday intraweek
1.1400 1.1630 1.1320 1.1214
1.1450 1.1820 1.1275 1.1100

USD/JPY

Current level – 110.36

My outlook remains bearish, for a test of 110.20 area and a violation of that zone will project a target at 109.10.

Resistance Support
intraday intraweek intraday intraweek
111.20 111.45 110.20 106.70
111.45 114.50 109.10 104.60

GBP/USD

Current level – 1.3252

The uptrend is intact after breaking through 1.3210 hurdle and there is a risk of a rise towards 1.3450 area. Initial minor support lies at 1.3210, followed by the major one at 1.3100.

Resistance Support
intraday intraweek intraday intraweek
1.3300 1.3290 1.3210 1.2800
1.3450 1.3450 1.3100 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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