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

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

EUR/USD

Current level – 1.1089

The retracement from 1.1040 has its first resistance level at 1.1112. An unsuccessful attempt at this level will lead to a new decline towards 1.1032. If  EUR/USD manages to break through 1.1112, the next resistance will be at 1.1162.  

Resistance Support
intraday intraweek intraday intraweek
1.1112 1.1230 1.1030 1.0930
1.1160 1.1350 1.1010 1.0850

USD/JPY

Current level – 107.03

The support at 108.40 did not hold as the pair heads towards the next major support at 106.80. In case of a retracement, the first resistance level is at 107.60.

Resistance Support
intraday intraweek intraday intraweek
107.26 110.50 106.80 106.80
108.90 112.40 106.80 104.50

GBP/USD

Current level – 1.2121

After the unsuccessful attempt at 1.2250, the outlook here remains negative with 1.2090 being the first level of support.

Resistance Support
intraday intraweek intraday intraweek
1.2250 1.2250 1.2040 1.2040
1.2250 1.2390 1.1980 1.1980

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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