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

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

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

EUR/USD

Current level – 1.2335

The bias is bearish below 1.2350 intraday hurdle, for a slide towards 1.2260 area.

Resistance Support
intraday intraweek intraday intraweek
1.2350 1.2560 1.2300 1.2160
1.2420 1.2560 1.2260 1.2090

USD/JPY

Current level – 107.16

Current pullback after 107.77 should be considered corrective, preceding another leg upwards, to 108.30 major resistance. Crucial on the downside is 106.60 and only a violation of the latter will signal a reversal of the whole rise since 104.60 low.

Resistance Support
intraday intraweek intraday intraweek
107.90 108.30 106.60 105.20
108.30 110.40 105.60 104.60

GBP/USD

Current level – 1..4255

The reversal at 1.4296 managed to provoke a minor pullback, but I favor a continuation of the slide, for a break through 1.4217 static support, towards 1.4145 and 1.4090.

Resistance Support
intraday intraweek intraday intraweek
1.4296 1.4340 1.4217 1.3910
1.4340 1.4340 1.4145 1.3710

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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