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

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


EUR/USD

Current level – 1.1691

Yesterday’s slide below 1.1716 support shows a minor reversal at 1.1775, but the overall outlook remains positive on the senior frames, for 1.1870. Crucial on the downside is 1.1611 low. 

Resistance Support
intraday intraweek intraday intraweek
1.1716 1.1870 1.1611 1.1580
1.1870 1.2000 1.1580 1.1480

USD/JPY

Current level – 110.94

My outlook remains bearish, for a break through 110.60 low, towards 109.30 mark. 

Resistance Support
intraday intraweek intraday intraweek
111.47 114.50 110.30 110.30
112.80 115.50 109.30 108.10

GBP/USD

Current level – 1.3080

The intraday bias is slightly negative, but until 1.2930 low is intact, the outlook on the higher frames will remain bullish, for 1.3260. Minor intraday resistance lies at 1.3104.

Resistance Support
intraday intraweek intraday intraweek
1.3104 1.3260 1.3000 1.2930
1.3260 1.3500 1.2930 1.2810

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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