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

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


EUR/USD

Current level – 1.1834

The rise above 1.1806 high shows a completion of the whole slide from 1.1860 and the intraday bias is positive above 1.1770, for a continuation towards 1.1870 and 1.1940.

Resistance Support
intraday intraweek intraday intraweek
1.1870 1.1940 1.1770 1.1690
1.1940 1.2090 1.1690 1.1550

USD/JPY

Current level – 111.28

The sell-off has reached 111.00 support area and the latter is expected to provoke a rebound towards 111.90 intraday resistance. Crucial on the upside is 112.70 and only a violation of that area will signal a reversal of the slide from 114.70.

Resistance Support
intraday intraweek intraday intraweek
111.90 112.70 111.00 109.50
112.70 114.70 109.50 107.30

GBP/USD

Current level – 1.3325

The rise here has reached the resistance at 1.3340 and the overall bias remains positive, with an initial support at 1.3280 and crucial low at 1.3220. My outlook is rather counter-trend, for a reversal and slide towards 1.3220. Next major resistance beyond 1.3340 is 1.3460.

Resistance Support
intraday intraweek intraday intraweek
1.3340 1.3340 1.3280 1.3220
1.3460 1.3460 1.3220 1.3020

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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