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

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

EUR/USD

Current level – 1.1687

The failure at 1.1750 signals a bearish bias, for a break through 1.1670, towards 1.1620 support. On the senior frames current slide should be considered a part of the prolonged consolidation, preceding a rise towards 1.1830.

Resistance Support
intraday intraweek intraday intraweek
1.1750 1.1750 1.1670 1.1510
1.1790 1.1830 1.1570 1.1300

USD/JPY

Current level – 112.08

The pair is struggling below 112.10 and I favor a break through that area, towards 113.20 zone. Key support lies at 111.50.

Resistance Support
intraday intraweek intraday intraweek
112.10 114.50 111.50 110.25
113.20 114.50 110.25 109.30

GBP/USD

Current level – 1.3120

The recent slide below 1.3110 signals a reversal at 1.3170 and the bias is bearish, for a continuation towards 1.3030 zone.

Resistance Support
intraday intraweek intraday intraweek
1.3140 1.3460 1.3080 1.2960
1.3210 1.3620 1.3030 1.2770

DeltaStock Inc.
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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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