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

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


EUR/USD

Current level – 1.1793

The break through 1.1730 dynamic resistance signals a reversal of the whole downmove from 1.2090 and my outlook here is bullish, for a rise towards 1.1870 area. Initial support is found around 1.1775, followed by 1.1730 break-out area.

Resistance Support
intraday intraweek intraday intraweek
1.1870 1.1870 1.1775 1.1690
1.2000 1.2090 1.1730 1.1550

USD/JPY

Current level – 113.10

The failure below 114.05 crucial resistance signals a bearish outlook, for a break through 113.00 area, towards 111.60 support. Crucial on the upside is the intraday high at 113.50.

Resistance Support
intraday intraweek intraday intraweek
113.50 115.50 113.00 111.60
114.05 116.80 111.60 107.30

GBP/USD

Current level – 1.3150

Despite the failure at 1.3180 resistance, my outlook here is bullish above 1.3130, for a rise towards 1.3220 and 1.3340 later on.

Resistance Support
intraday intraweek intraday intraweek
1.3180 1.3220 1.3130 1.3020
1.3220 1.3340 1.3060 1.2760

DeltaStock Inc.
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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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