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

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


EUR/USD

Current level – 1.2313

The pair is currently testing 1.2330 resistance and an eventual violation of that zone could challenge 1.2430 resistance area. On the downside, a break through 1.2235 will trigger a sell-off towards 1.2090.

Resistance Support
intraday intraweek intraday intraweek

1.2330

1.2540

1.2235

1.2160

1.2430

1.2870

1.2160

1.2090

USD/JPY

Current level – 107.69

The bias is bearish, for a tight test of 107.30 support. Initial resistance lies at 108.30 and crucial on the upside is already 108.80.

Resistance Support
intraday intraweek intraday intraweek

108.30

111.90

107.30

107.30

109.70

113.40

107.30

105.90

GBP/USD

Current level – 1.3840

The rebound after 1.3760 low is still corrective in nature, thus preceding another leg downwards, to 1.3620. Trigger on the downside is 1.3800 low.

Resistance Support
intraday intraweek intraday intraweek

1.3900

1.4090

1.3800

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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