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

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


EUR/USD

Current level – 1.1733

Today’s slide bottomed at 1.1720 and although there is a risk of a dip to 1.1690, my outlook is already counter-trend, for a reversal and rise towards 1.1780 area. Initial hurdle lies at 1.1760.

Resistance Support
intraday intraweek intraday intraweek
1.1760 1.1870 1.1730 1.1690
1.1870 1.2090 1.1690 1.1550

USD/JPY

Current level – 112.06

The downtrend is intact, but due to the 111.60 support I favor a reversal, for a climb back to 113.40 area. Initial resistance lies at 112.50.

Resistance Support
intraday intraweek intraday intraweek
112.50 115.50 111.60 111.60
113.40 116.80 111.60 107.30

GBP/USD

Current level – 1.3203

The overall outlook is positive above 1.3130, for a rise towards 1.3340 zone.

Resistance Support
intraday intraweek intraday intraweek
1.3220 1.3340 1.3130 1.3020
1.3340 1.3430 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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