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

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

EUR/USD

Current level – 1.1136

After the consolidation from yesterday, the expectations remain negative and a successful break of the support at 1.1110 would push the price down to the 1.0900 zone. Alternatively, a break through the resistance at 1.1200 will push the price higher for a possible test of 1.1400. 

Resistance Support
intraday intraweek intraday intraweek
1.1200 1.1280 1.1110 1.0930
1.1280 1.1350 1.1050 1.0850

USD/JPY

Current level – 108.17

The outlook is still positive for a test of the resistance level at 108.35 and a successful break up would push the price further to the 109.00 zone. In the opposite direction the support levels аre at 108.00 and 107.20.

Resistance Support
intraday intraweek intraday intraweek
108.35 109.80 108.00 106.70
109.00 112.40 107.20 104.50

GBP/USD

Current level – 1.2482

Expectations remain positive for a test of the resistance zone 1.2560.  The key support is at 1.2380.

Resistance Support
intraday intraweek intraday intraweek
1.2520 1.2660 1.2380 1.2320
1.2560 1.2890 1.2320 1.2110

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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