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

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


EUR/USD

Current level – 1.1339

The downtrend from 1.14450 is still intact and the pair is expected to dip to 1.1290 before reversal for another leg upwards, to 1.1550 area. Key resistance lies at 1.1385.

Resistance Support
intraday intraweek intraday intraweek
1.1385 1.1450 1.1290 1.1020
1.1425 1.1610 1.1290 1.0838

USD/JPY

Current level – 113.15

The overall outlook remains bullish, for a rise towards 114.30 area. Key support is projected at 112.60.

Resistance Support
intraday intraweek intraday intraweek
113.45 114.30 112.60 110.30
114.30 115.50 111.70 108.81

GBP/USD

Current level – 1.2943

While 1.2960 resistance holds, there is still a risk of a dip to 1.2860 before another bounce to 1.3050.

Resistance Support
intraday intraweek intraday intraweek
1.2960 1.3130 1.2860 1.2635
1.3050 1.3500 1.2790 1.2480

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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