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

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


EUR/USD

Current level – 1.2490

The sharp reversal at 1.2270 led to a break through 1.2390 peak and currently the pair is heading for a test of 1.2540 peak. Initial pullback is expected, to 1.2390 area.

Resistance Support
intraday intraweek intraday intraweek
1.2540 1.2540 1.2460 1.2210
1.2540 1.2870 1.2390 1.2090

USD/JPY

Current level – 106.44

The bias remains bearish, for a slide to 105.90-40 area. Crucial on the upside is 107.50.

Resistance Support
intraday intraweek intraday intraweek
107.50 111.90 105.90 105.90
109.70 113.40 105.40 105.40

GBP/USD

Current level – 1.4055

The break through 1.3920 points to another test of 1.4090 hurdle and an eventual break through the later will challenge 1.4280. Initial intraday support lies at 1.3920.

Resistance Support
intraday intraweek intraday intraweek
1.4090 1.4280 1.3920 1.3760
1.4175 1.4340 1.3760 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.

Featured Analysis

Learn Forex Trading