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

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


EUR/USD

Current level – 1.1891

The intraday spike to 1.1960 could be a finale of the rise since 1.1710 low and my outlook here is bearish, for a violation of 1.1870 support, towards 1.1770.

Resistance Support
intraday intraweek intraday intraweek
1.1960 1.1940 1.1870 1.1690
1.2000 1.2090 1.1770 1.1550

USD/JPY

Current level – 111.18

The downtrend is still intact and crucial on the upside is 111.70 high. A violation of the latter will signal, that a rebound is on the run, for 112.70.

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 – 1.3319

A reversal pattern is underway after the recent peak at 1.3380 and my outlook is bearish, for a break through 1.3280 support, towards 1.3220.

Resistance Support
intraday intraweek intraday intraweek
1.3380 1.3340 1.3280 1.3220
1.3460 1.3460 1.3220 1.3020

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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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