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

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


EUR/USD

Current level – 1.1775

The rise from 1.1687 has been reversed at yesterday’s peak at 1.1847 and the bias is already bearish, for a break through 1.1687 low, towards 1.1580.

Resistance Support
intraday intraweek intraday intraweek
1.1850 1.1909 1.1750 1.1580
1.1909 1.2000 1.1680 1.1480

USD/JPY

Current level – 110.25

The bias is still positive as the pair is currently testing 110.30 resistance area. There is a risk of bouncing even higher, towards 111.10 mark, but the outlook on the senior frames remains bearish, for a slide towards 108.10 low. Trigger on the downside is 109.40.

Resistance Support
intraday intraweek intraday intraweek
110.30 112.20 109.40 108.10
111.10 114.50 108.10 107.00

GBP/USD

Current level – 1.2967

Although there is an intraday risk of another attempt at 1.3050, the overall outlook remains bearish, for a slide towards 1.2810 area.

Resistance Support
intraday intraweek intraday intraweek
1.3050 1.3260 1.2930 1.2930
1.3100 1.3500 1.2810 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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