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

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

EUR/USD

Current level – 1.1309

The consolidation pattern below 1.1330 signals a positive bias and with the static support at 1.1280 my outlook is bullish, for a rise towards 1.1390. The mentioned rise should be a short-lived one, followed by a drowning towards 1.1175 lows.

Resistance Support
intraday intraweek intraday intraweek
1.1330 1.1450 1.1280 1.1175
1.1390 1.1570 1.1240 1.0860

USD/JPY

Current level – 111.85

The intraday outlook is bearish, for a slide towards 111.50 minor support. Key resistance  lies at 112.15.

Resistance Support
intraday intraweek intraday intraweek
112.15 113.00 111.50 108.90
112.15 114.50 110.50 107.40

GBP/USD

Current level – 1.3092

Trading remains caught in a tight range between 1.3030 and 1.3120 and my outlook is absolutely neutral.

Resistance Support
intraday intraweek intraday intraweek
1.3120 1.3450 1.2960 1.2820
1.3200 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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