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

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


EUR/USD

Current level – 1.1443

Despite yesterday’s dip to 1.1390, the outlook remains bullish, for a rise towards 1.1550, en route to 1.1610. Crucial on the downside is 1.1380.

Resistance Support
intraday intraweek intraday intraweek
1.1490 1.1550 1.1380 1.1290
1.1550 1.1610 1.1380 1.1020

USD/JPY

Current level – 112.94

The bias remains bearish, for a break through 112.80, towards 111.75 zone. Initial resistance lies at 113.50.

Resistance Support
intraday intraweek intraday intraweek
113.50 115.50 112.80 111.75
114.50 115.50 111.75 110.20

GBP/USD

Current level – 1.2896

Yesterday’s dip to 1.2810 should be considered a completion of the whole slide from 1.3025 and my outlook here is bullish, for a break through 1.2920 crucial high, towards 1.3050 resistance. Initial intraday support lies at 1.2860.

Resistance Support
intraday intraweek intraday intraweek
1.2920 1.3050 1.2860 1.2635
1.2980 1.3500 1.2790 1.2480

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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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