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

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


EUR/USD

Current level – 1.2410

I think, that today’s high at 1.2460 sets the beginning of a corrective pullback towards 1.2367 and even 1.2330. Trigger on the downside is 1.2385.

Resistance Support
intraday intraweek intraday intraweek
1.2440 1.2500 1.2367 1.2330
1.2460 1.2500 1.2330 1.2220

USD/JPY

Current level – 109.10

My outlook is counter-trend against 108.50, for a break through the crucial 109.47, towards 110.20 resistance.

Resistance Support
intraday intraweek intraday intraweek
109.47 110.20 108.50 108.50
110.20 112.00 108.50 107.30

GBP/USD

Current level – 1.4260

My outlook here switched to counter-trend after the recent peak below 1.4340 area, for a break through the crucial 1.4215, towards 1.4120 area. 

Resistance Support
intraday intraweek intraday intraweek
1.4295 1.4340 1.4215 1.3940
1.4340 1.4620 1.4120 1.3730

DeltaStock Inc.
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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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