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

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


EUR/USD

Current level – 1.1851

Yesterday’s peak at 1.1910 is likely to be followed by a brief consolidation pattern, before next leg upwards, to 1.2000 sentiment area. Crucial support on the downside is projected at 1.1775.

Resistance Support
intraday intraweek intraday intraweek
1.1910 1.2000 1.1775 1.1580
1.2000 1.2240 1.1611 1.1480

USD/JPY

Current level – 110.66

The corrective phase is still underway and there is a risk of an intraday spike to 111.50 before drowning towards 109.30 target mark. 

Resistance Support
intraday intraweek intraday intraweek
111.47 114.50 110.00 110.30
112.20 115.50 109.30 108.10

GBP/USD

Current level – 1.3225

My outlook remains bullish above 1.3157 support, for a rise towards 1.3350 zone.

Resistance Support
intraday intraweek intraday intraweek
1.3260 1.3260 1.3157 1.2930
1.3350 1.3500 1.3050 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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