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

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


EUR/USD

Current level – 1.1745

The overall outlook is still bearish, for a slide towards 1.1580, en route to 1.1480 zone. Initial minor resistance lies at 1..1780, followed by the crucial on the higher frame 1.1850.

Resistance Support
intraday intraweek intraday intraweek
1.1780 1.1909 1.1660 1.1580
1.1850 1.2000 1.1580 1.1480

USD/JPY

Current level – 109.02

My outlook here is counter-trend, for a reversal above 108.80, towards 111.00 hurdle. Crucial on the downside is 108.70 low.

Resistance Support
intraday intraweek intraday intraweek
109.60 111.00 108.80 108.10
110.30 112.20 108.10 107.00

GBP/USD

Current level – 1.2888

Despite the risk of one more brief rise to 1.2930 resistance, the overall outlook remains bearish, for a tight test of 1.2800 area.

Resistance Support
intraday intraweek intraday intraweek
1.2930 1.3260 1.2804 1.2804
1.3050 1.3500 1.2705 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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