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

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


EUR/USD

Current level – 1.2256

The reversal at 1.2160 support should be considered corrective and current resistance at 1.2280 is expected to initiate a new slide, towards 1.2090. Key intraday support lies at 1.2220.

Resistance Support
intraday intraweek intraday intraweek
1.2280 1.2460 1.2220 1.2160
1.2350 1.2560 1.2160 1.2090

USD/JPY

Current level – 105.93

The bias is negative after the break though 106.50, as the pair is ready to test the lower boundary of the current range, at 105.50. My outlook is counter-trend against 105.50, for an upswing towards 108.30.

Resistance Support
intraday intraweek intraday intraweek
106.50 108.30 105.40 105.40
107.60 110.40 104.30 102.40

GBP/USD

Current level – 1.3771

Intraday allow a corrective rebound towards 1.3850, before another drowning towards 1.3620 major support.

Resistance Support
intraday intraweek intraday intraweek
1.3850 1.4280 1.3710 1.3620
1.4070 1.4340 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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