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

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

EUR/USD

Current level – 1.2361

The bias is positive, for a rise towards 1.2460 area. Initial support lies at 1.2290 area.

Resistance Support
intraday intraweek intraday intraweek
1.2390 1.2460 1.2290 1.2160
1.2460 1.2560 1.2240 1.2090

USD/JPY

Current level – 105.04

My outlook here is bearish below 105.20, for a slide towards 104.30, en route to 103.40 area. Crucial on the senior frames is 106.60.

Resistance Support
intraday intraweek intraday intraweek
105.20 108.30 104.30 104.30
106.60 110.40 103.40 102.50

GBP/USD

Current level – 1.4154

The failure at 1.4075 signals, that the uptrend is intact, heading towards 1.4280 Resistance. Only a break through 1.4075 support will signal a reversal and a slide towards 1.3910.

Resistance Support
intraday intraweek intraday intraweek
1.4220 1.4280 1.4075 1.3710
1.4280 1.4340 1.3910 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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