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

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


EUR/USD

Current level – 1.2053

The recent test of 1.2090 has failed and I favor a sell-off through 1.2035 to challenge 1.1960. Crucial on the upside is 1.2090 area.

Resistance Support
intraday intraweek intraday intraweek
1.2060 1.2090 1.1960 1.1910
1.2090 1.2240 1.1910 1.1715

USD/JPY

Current level – 113.20

The bias is still positive, for a rise towards 113.70 zone. Key static support is projected at 112.80.

Resistance Support
intraday intraweek intraday intraweek
113.40 113.75 112.80 112.00
113.75 114.70 112.00 111.00

GBP/USD

Current level – 1.3540

The recent rebound above 1.3495 is corrective in nature, so my outlook here is bearish below 1.3575 static resistance, for a slide towards 1.3460.

Resistance Support
intraday intraweek intraday intraweek
1.3575 1.3660 1.3460 1.3460
1.3660 1.3660 1.3340 1.3300

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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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