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

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

EUR/USD

Current level – 1.1244

The outlook is bearish below 1.1280, for a slide towards 1.1175 lows. A violation of the latter will challenge 1.1020 area.

Resistance Support
intraday intraweek intraday intraweek
1.1330 1.1450 1.1230 1.1175
1.1390 1.1570 1.1175 1.0860

USD/JPY

Current level – 111.84

Today’s dip to 111.60 could be the finale of the consolidation pattern below 112.15 and my outlook is positive, for a break through the mentioned hurdle, towards 113.20 area.

Resistance Support
intraday intraweek intraday intraweek
112.15 113.20 111.50 108.90
113.20 114.50 110.50 107.40

GBP/USD

Current level – 1.2986

I favor a break through 1.2960 static support, towards 1.2800 area. Initial resistance lies at 1.3030 and crucial on the upside is 1.3120 peak.

Resistance Support
intraday intraweek intraday intraweek
1.3030 1.3450 1.2960 1.2820
1.3120 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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