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

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

EUR/USD

Current level – 1.1345

The market is awaiting FED’s decision later today and trading is likely to remain calm during the current session. Initial resistance lies at 1.1350, followed by 1.1420 and first support comes at 1.1290.

Resistance Support
intraday intraweek intraday intraweek
1.1350 1.1350 1.1290 1.1090
1.1420 1.1420 1.1175 1.0860

USD/JPY

Current level – 111.55

The return above 111.45 resistance has neutralized the negative bias and the intraday outlook is neutral.

Resistance Support
intraday intraweek intraday intraweek
111.85 113.00 111.45 110.20
112.15 114.50 110.20 108.50

GBP/USD

Current level – 1.3220

The support at 1.3190 is still intact, so the overall outlook remains positive, for a rise towards 1.3450 area.

Resistance Support
intraday intraweek intraday intraweek
1.3380 1.3450 1.3190 1.2800
1.3450 1.3450 1.2960 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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