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

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

EUR/USD

Current level – 1.1854

The downtrend remains intact below 1.1900, for a continuation towards 1.1720. Crucial on the upside is 1.1950.

Resistance Support
intraday intraweek intraday intraweek
1.1900 1.2060 1.1840 1.1840
1.2060 1.2160 1.1720 1.1720

USD/JPY

Current level – 109.50

Current violation of 109.50 resistance  has brought a bit of confusion in the negative bias, but my outlook remains bearish against 110.00 high, for a break through the 108.80 trigger, towards 107.90.

Resistance Support
intraday intraweek intraday intraweek
110.00 110.20 108.80 107.90
110.20 111.90 107.90 104.60

GBP/USD

Current level – 1.3529

Despite the failure at 1.3480 low my outlook remains bearish, for a slide through 1.3460, towards 1.3300 zone. Initial intraday resistance lies at 1.3590, followed by 1.3710 area.

Resistance Support
intraday intraweek intraday intraweek
1.3590 1.3990 1.3480 1.3460
1.3710 1.4100 1.3460 1.3310

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