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

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


EUR/USD

Current level – 1.2434

The climb above 1.2390 signals a reversal of the bearish bias since 1.2540 as market participants are getting ready for today’s FOMC meeting. The intraday bias is positive above 1.2390, for another upswing towards 1.2540.

Resistance Support
intraday intraweek intraday intraweek
1.2460 1.2540 1.2390 1.2330
1.2540 1.2870 1.2330 1.2220

USD/JPY

Current level – 108.71

The overall bias remains bearish, for a violation of 108.25 low, towards 107.30 zone. Initial intraday resistance lies at 109.20.

Resistance Support
intraday intraweek intraday intraweek
109.20 110.20 108.25 108.50
110.20 112.00 108.25 107.30

GBP/USD

Current level – 1.4185

The break through 1.4090 signals a reversal of the whole slide from 1.4340 peak and the intraday bias is positive above the mentioned support, for a rise towards the previous high. 

Resistance Support
intraday intraweek intraday intraweek
1.4215 1.4340 1.4090 1.3910
1.4340 1.4730 1.3985 1.3730

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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