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

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


EUR/USD

Current level – 1.2529

The violation of 1.2540 peak signals, that the general uptrend has been renewed on the daily frame, with a projection target at 1.2870. On the lower frames the outlook is bullish as well, for 1.2650 zone. Initial intraday support lies at 1.2517 and crucial on the downside is 1.2450.

Resistance Support
intraday intraweek intraday intraweek

1.2560

1.2650

1.2517

1.2380

1.2650

1.2870

1.2450

1.2210

USD/JPY

Current level – 105.92

The slide has reached 105.40 support area and next more significant support is projected at 102.40. Crucial on the upside is 106.80 and only a violation of that level will signal a reversal of the current downtrend from 108.70.

Resistance Support
intraday intraweek intraday intraweek

106.80

108.30

105.40

105.40

108.30

110.40

103.50

102.40

GBP/USD

Current level – 1.4103

The uptrend is intact, heading towards 1.4340 peak. Initial support lies at 1.4020.

Resistance Support
intraday intraweek intraday intraweek

1.4175

1.4280

1.4020

1.3760

1.4280

1.4340

1.3920

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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