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

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


EUR/USD

Current level – 1.1612

Current rebound after 1.1572 low should be considered corrective, preceding another leg downwards, to 1.1480 zone. Initial resistance lies at 1.1660, followed by the crucial break-out zone at 1.1720.

Resistance Support
intraday intraweek intraday intraweek
1.1660 1.1840 1.1580 1.1480
1.1720 1.1940 1.1480 1.1300

USD/JPY

Current level – 113.67

The intraday outlook is counter-trend, for a reversal and renewal of the general rise towards 115.50 zone. Key support lies at 113.05.

Resistance Support
intraday intraweek intraday intraweek
114.50 114.50 113.50 111.00
115.50 115.50 113.05 107.30

GBP/USD

Current level – 1.3135

The recent low at 1.3067 signals a completion of the slide from 1.3280, but the rebound is by all means corrective, so 1.3180 is expected to cap the upside, for another leg downwards, to 1.3020, en route to 1.2910 area.

Resistance Support
intraday intraweek intraday intraweek
1.3180 1.3340 1.3020 1.2910
1.3280 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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