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

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


EUR/USD

Current level – 1.2268

The second failure at 1.2210 imposes a risk of another rise to 1.2330 resistance, but while the latter holds, the outlook will remain bearish, for a slide towards 1.2160.

Resistance Support
intraday intraweek intraday intraweek
1.2330 1.2540 1.2210 1.2160
1.2405 1.2870 1.2160 1.2090

USD/JPY

Current level – 108.60

The dip below 108.27 signals a negative bias, for another slide towards 107.30. Crucial on the upside is 109.30 high and a violation of the latter will signal a renewal of the consolidation trading.

Resistance Support
intraday intraweek intraday intraweek
109.30 111.90 108.30 108.30
111.50 113.40 108.30 107.30

GBP/USD

Current level – 1.3851

The downtrend is intact, heading towards 1.3620 area. Initial intraday resistance lies at 1.3900 and crucial on the upside is 1.3985 high.

Resistance Support
intraday intraweek intraday intraweek
1.3900 1.4090 1.3730 1.3730
1.3985 1.4174 1.3620 1.3620

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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