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

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


EUR/USD

Current level – 1.1887

Yesterday’s reversal at 1.2035 has been confirmed with the break through 1.1915 and the bias is negative, for a tight test of 1.1830 major support. The latter is the last hurdle before 1.1660 area.

Resistance Support
intraday intraweek intraday intraweek
1.1915 1.2160 1.1830 1.1830
1.2035 1.2500 1.1830 1.1660

USD/JPY

Current level – 112.43

The recent consolidation built a base at 111.10 and the uptrend is intact, heading for a tight test of 112.80 resistance area. Initial intraday support lies at 111.90 and crucial on the downside is 111.10.

Resistance Support
intraday intraweek intraday intraweek
112.80 112.80 111.90 108.12
112.80 114.50 111.10 107.30

GBP/USD

Current level – 1.3498

The sharp reversal at 1.3655 signals a negative bias, for a test of 1.3440 support and a break through that area will challenge 1.3340 zone. Initial intraday resistance lies at 1.3530.

Resistance Support
intraday intraweek intraday intraweek
1.3530 1.3650 1.3440 1.3340
1.3650 1.3830 1.3340 1.3150

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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