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

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


EUR/USD

Current level – 1.1761

The upmove from 1.1700 is still underway, but I favor a break through 1.1730 support to signal a renewal of the slide towards 1.1480.

Resistance Support
intraday intraweek intraday intraweek
1.1830 1.2070 1.1660 1.1660
1.2000 1.2240 1.1540 1.1480

USD/JPY

Current level – 112.75

The consolidation pattern below 113.20 is over and my outlook is positive, for a rise towards 113.80, en route to 114.50.

Resistance Support
intraday intraweek intraday intraweek
113.20 113.80 112.15 111.50
113.80 114.50 111.50 107.30

GBP/USD

Current level – 1.3233

My outlook here is bearish, for a break through 1.3220, towards 1.3150 target mark. Initial resistance lies at 1.3290.

Resistance Support
intraday intraweek intraday intraweek
1.3290 1.3650 1.3220 1.3340
1.3340 1.3830 1.3150 1.3150

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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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