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Forex Technical Analysis Print E-mail
Daily Forex Technicals | Written by DeltaStock Inc. | Sep 19 13 10:07 GMT

Forex Technical Analysis

EUR/USD

Current level - 1.3529

The uptrend has been renewed and with the reliable support at 1.3450 area the outlook here remains bullish, for a rise towards 1.3710 high. Crucial on the downside is 1.3324 support.

Profit-taking affects gold curbing silver and platinum
Resistance Support
intraday intraweek intraday intraweek
1.3550 1.3710 1.3454 1.3104
1.3710 1.4000 1.3324 1.2946

USD/JPY

Current level - 98.82

The recent low at 97.73 marks a reversal of the slide from 99.37, but the senior downtrend from 100.60 is still intact. The intraday bias is positive above 98.50, and a major resistance on the upside is 99.37.

Resistance Support
intraday intraweek intraday intraweek
99.37 101.50 98.50 96.90
99.97 103.79 97.73 95.75

GBP/USD

Current level - 1.6133

The uptrend here remains intact and next major resistance is projected around 1.6300 area. Intraday allow a corrective phase for a test of 1.6060 minor support, but it should be limited above 1.5980 break-out level.

Resistance Support
intraday intraweek intraday intraweek
1.6160 1.6300 1.6060 1.5750
1.6300 1.7000 1.5980
1.5420

 

About the Author

DeltaStock Inc. - Online Forex & Securities Broker

RISK DISCLAIMER: 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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