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

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


EUR/USD

Current level – 1.1968

The rebound after 1.1860 low is still intact and my outlook is bullish, for a break through 1.2030, towards 1.2090 peak, en route to 1.2240 zone.

Resistance Support
intraday intraweek intraday intraweek
1.1990 1.2160 1.1860 1.1830
1.2035 1.2500 1.1830 1.1660

USD/JPY

Current level – 111.96

The test at 112.80 resistance has failed and the bias is already bearish, for a slide to 111.10, en route to 109.30. Minor intraday resistance lies at 112.15.

Resistance Support
intraday intraweek intraday intraweek
112.15 112.80 111.10 108.12
112.80 114.50 109.30 107.30

GBP/USD

Current level – 1.3587

The intraday outlook is positive above 1.3520, for a break through 1.3635 resistance area, towards 1.3830. Crucial on the downside is 1.3440 static support.

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

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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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