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

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

EUR/USD

Current level – 1.1272

The pattern below 1.1285 is obviously corrective, preceding a rise towards 1.1350 zone. Initial support lies at 1.1240.

Resistance Support
intraday intraweek intraday intraweek
1.1350 1.1570 1.1240 1.1110
1.1410 1.1820 1.1180 1.1010

USD/JPY

Current level – 107.94

Intraday allow a rise towards 108.40 area, being the final leg of the consolidation above 107.80, preceding a dip to 107.50.

Resistance Support
intraday intraweek intraday intraweek
108.20 109.80 107.80 106.70
109.00 112.40 107.50 104.50

GBP/USD

Current level – 1.2561

I favor a rise through 1.2600, towards 1.2660 hurdle. Initial support is seen at 1.2500.

Resistance Support
intraday intraweek intraday intraweek
1.2600 1.2890 1.2480 1.2440
1.2660 1.3170 1.2440 1.2360

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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