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

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

EUR/USD

Current level – 1.1148

The price bounced up from the support level at 1.1110. This may lead to a rise of the price up to the resistance level at 1.1220. Alternatively, a breakthrough of the support level could mean a continuation of the downward movement for a test of the next support at 1.1050. 

Resistance Support
intraday intraweek intraday intraweek
1.1220 1.1280 1.1110 1.0930
1.1280 1.1350 1.1050 1.0850

USD/JPY

Current level – 108.53

The currency pair continues its upward trend and is heading for a test of the resistance level at 108.95. A break through that zone can mean a rise to 110.50. On the other side, the price would find some support around 108.40 level.

Resistance Support
intraday intraweek intraday intraweek
109.00 110.50 108.00 106.70
110.50 112.40 107.20 104.50

GBP/USD

Current level – 1.2148

may consider the level around 1.2100-1.2120 for the next major support. Only a test and break of the level at 1.2500 could lead to a reversal of the trend.

Resistance Support
intraday intraweek intraday intraweek
1.2520 1.2660 1.2100 1.2100
1.2560 1.2890 1.2100 1.1900

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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