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

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

EUR/USD

Current level – 1.2075

The pair is currently testing 1.2090 major support area and the intraday bias is still bearish, with a crucial high at 1.2115. Next major support is seen at 1.1930 and initial intraday base is projected around 1.2000 sentiment  zone.

Resistance Support
intraday intraweek intraday intraweek
1.2160 1.2412 1.2000 1.2090
1.2300 1.2560 1.1930 1.1930

USD/JPY

Current level – 109.36

The uptrend is still intact, for a rise towards 110.20 area. Crucial on the downside is 108.50 low.

Resistance Support
intraday intraweek intraday intraweek
110.20 110.20 109.00 106.60
110.20 111.90 108.50 104.60

GBP/USD

Current level – 1.3891

Expect a break through 1.3880 to challenge 1.3780. Key hurdle is projected at 1.3990.

Resistance Support
intraday intraweek intraday intraweek
1.3990 1.4280 1.3880 1.3780
1.4150 1.4280 1.3780 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.

Featured Analysis

Learn Forex Trading