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

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


EUR/USD

Current level – 1.2033

The bias is still positive after 1.1715 low and the outlook is bullish, for a tight test of 1.2090 peak. Key support is projected at 1.1960, followed by 1.1910 area.

Resistance Support
intraday intraweek intraday intraweek

1.2050

1.2090

1.1960

1.1910

1.2090

1.2240

1.1910

1.1715

USD/JPY

Current level – 112.59

The intraday bias is bearish, for a slide towards 112.00 area. Initial resistance lies at 113.10 and crucial on the upside is 113.40 high. The whole slide from 113.65 should be considered a final leg of the consolidation pattern below 113.74, preceding a rebound towards 114.70.

Resistance Support
intraday intraweek intraday intraweek

112.65

113.09

112.00

111.00

113.09

113.65

111.00

111.00

GBP/USD

Current level – 1.3537

The uptrend since 1.3300 lows is intact, ready for a break through 1.3550 hurdle, towards 1.3650 area. Initial key support lies at 1.3460.

Resistance Support
intraday intraweek intraday intraweek

1.3550

1.3660

1.3500

1.3460

1.3660

1.3660

1.3460

1.3300

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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