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

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


EUR/USD

Current level – 1.1631

Yesterday’s precise test at 1.1480 has finalized the consolidation pattern below 1.1580 and the uptrend was renewed, breaking beyond 1.1610 hurdle. The bias remain bullish above 1.1580, for a rise towards 1.1720. Crucial on the downside is 1.1480 low.

Resistance Support
intraday intraweek intraday intraweek

1.1350

1.1720

1.1580

1.1370

1.1720

1.1720

1.1480

1.1290

USD/JPY

Current level – 111.93

My outlook remains negative, for a break through 111.47 low, towards 110.30 area. Initial resistance lies at 112.40.

Resistance Support
intraday intraweek intraday intraweek

112.40

114.50

111.50

111.75

112.80

115.50

110.30

110.20

GBP/USD

Current level – 1.2974

The downtrend from 1.3125 is still intact while below 1.3004 minor resistance, but my outlook is already counter-trend against 1.2910, for a reversal and rise towards 1.3130 zone.

Resistance Support
intraday intraweek intraday intraweek

1.3004

1.3260

1.3910

1.2810

1.3130

1.3500

1.2810

1.2480

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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