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

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


EUR/USD

Current level – 1.1779

Yesterday’s rise tested precisely the resistance at 1.1870 and the reversal below that zone will aim to correct the whole upmove since 1.1550 low. The intraday bias is bearish below 1.1820, for a slide to 1.1730.

Resistance Support
intraday intraweek intraday intraweek

1.1820

1.1870

1.1730

1.1690

1.1870

1.2090

1.1690

1.1550

USD/JPY

Current level – 113.05

My outlook here is bearish, for a break through 112.50 low, towards 111.60. Initial resistance lies at 113.25 and crucial on the upside is 113.90.

Resistance Support
intraday intraweek intraday intraweek

113.25

115.50

112.50

111.60

113.90

116.80

111.60

107.30

GBP/USD

Current level – 1.3169

The recent test of 1.3220 failed, but the outlook remains positive above 1.3130, for a climb towards 1.3340 resistance zone.

Resistance Support
intraday intraweek intraday intraweek

1.3180

1.3220

1.3130

1.3020

1.3220

1.3340

1.3060

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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