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

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

EUR/USD

Current level – 1.1131

The pair struggles above 1.1110 low and a violation of that area is to be expected, for a slide towards 1.1015. Initial resistance  is projected at 1.1160.

Resistance Support
intraday intraweek intraday intraweek
1.1160 1.1330 1.1110 1.1015
1.1220 1.1450 1.1015 1.0860

USD/JPY

Current level – 108.89

The intraday peak at 109.90 sets the beginning of a new wave downwards, to 107.70

Resistance Support
intraday intraweek intraday intraweek
109.90 113.20 109.05 108.50
110.70 114.50 107.70 107.70

GBP/USD

Current level – 1.2631

The slide through 1.2600 low signals a bearish bias, for a continuation towards 1.2506 target area. Initial minor resistance lies at 1.2650.

Resistance Support
intraday intraweek intraday intraweek
1.2650 1.2960 1.2570 1.2570
1.2810 1.3170 1.2506 1.2470

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.

Featured Analysis

Learn Forex Trading