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

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

EUR/USD

Current level – 1.2374

The reversal at 1.2413 has neutralized the positive outlook and signals, that the prolonged consolidation pattern below 1.2560 is still on the run. The intraday bias is bearish, for a break through 1.2340, towards 1.2280-60 zone.

Resistance Support
intraday intraweek intraday intraweek
1.2380 1.2560 1.2340 1.2160
1.2470 1.2560 1.2260 1.2090

USD/JPY

Current level – 107.34

The rebound after 106.88 low signals another bull leg towards 107.77 peak, en route to 108.30 major hurdle. Minor intraday support is projected at 107.15. Crucial on the downside is 106.60.

Resistance Support
intraday intraweek intraday intraweek
107.15 108.30 107.15 105.20
107.80 110.40 106.60 104.60

GBP/USD

Current level – 1..4305

The recent reversal at 1.4375 signals a bearish intraday bias, for a slide towards 1.4217 support area. On the senior frames the outlook is bullish, for 1.4501 zone.

Resistance Support
intraday intraweek intraday intraweek
1.4375 1.4501 1.4217 1.4090
1.4501 1.4770 1.4090 1.3960

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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