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

Yesterday’s violation of 1.2300 key support has neutralized the positive bias and today’s activity should be limited between 1.2230 and 1.2300 boundaries, as the market is awaiting FED’s interest rate decision. On the senior frames my outlook is bullish, for a leg towards 1.2460.

Resistance Support
intraday intraweek intraday intraweek
1.2300 1.2460 1.2230 1.2160
1.2460 1.2560 1.2160 1.2090

USD/JPY

Current level – 106.39

My outlook here is positive, for a rise towards 107.30, en route to 107.90 zone.

Resistance Support
intraday intraweek intraday intraweek
107.30 108.30 105.20 105.20
108.00 110.40 105.20 102.40

GBP/USD

Current level – 1.4014

My outlook is counter-trend against 1.3930 resistance, for a break through 1.3840 crucial low, towards 1.3710.

Resistance Support
intraday intraweek intraday intraweek
1.3930 1.4060 1.3840 1.3710
1.3930 1.4280 1.3780 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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