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

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


EUR/USD

Current level – 1.1767

The intraday outlook remains bearish below 1.1790, for a slide towards 1.1715 area. Only a violation of 1.1790 will signal a reversal of the slide from 1.1860.

Resistance Support
intraday intraweek intraday intraweek
1.1790 1.1940 1.1715 1.1660
1.1880 1.2030 1.1660 1.1480

USD/JPY

Current level – 113.69

The uptrend is intact, heading towards 114.50, en route to 115.50 zone. Key support lies at 113.50 and crucial on the downside is 113.10.

Resistance Support
intraday intraweek intraday intraweek
114.50 114.50 113.10 111.00
115.50 115.50 112.30 107.30

GBP/USD

Current level – 1.3211

A reversal has been confirmed at 1.3085 and the intraday bias is positive, with a risk of a rise towards 1.3340 hurdle. On the senior frames the current leg should be the final one of the prolonged consolidation above 1.3020, preceding a renewal of the general slide towards 1.2590. Minor intraday support lies at 1.3160.

Resistance Support
intraday intraweek intraday intraweek
1.32220 1.3340 1.3160 1.2910
1.3340 1.3650 1.3020 1.2760

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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