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

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

EUR/USD

Current level – 1.2347

The bias is slightly positive, with a risk of another leg upwards, to 1.2430. Key support lies at 1.2340.

Resistance Support
intraday intraweek intraday intraweek
1.2430 1.2560 1.2340 1.2160
1.2470 1.2560 1.2260 1.2090

USD/JPY

Current level – 107.42

The outlook remains bullish above 106.60, for a rise towards 108.30 area.

Resistance Support
intraday intraweek intraday intraweek
107.77 108.30 107.05 105.20
108.30 110.40 106.60 104.60

GBP/USD

Current level – 1..4200

Yesterday’s sell-off reached a local low at 1.4170 and the corrective pattern above that level could challenge 1.4280 resistance before drowning towards 1.4120.

Resistance Support
intraday intraweek intraday intraweek
1.4280 1.4501 1.4170 1.4090
1.4344 1.4770 1.4120 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.

Featured Analysis

Learn Forex Trading

What is Forex Trading?

Identifying Correlations

Best Forex Scalping Method