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

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


EUR/USD

Current level – 10861

The overall bias remains neutral, but due to the fact, that the pair is currently close to the lower boundary of the trading range, an upmove is to be expected, towards 1.0950 peak. A break through the latter will challenge 1.1010 area. Key support lies at 1.0826.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0950 1.0950 1.0826 1.0780
1.1010 1.1010 1.0780 1.0676

USD/JPY

Current level – 111.15

The intraday outlook is negative, for a dip towards 110.50 support zone. Major resistance lies at 112.26.

Resistance Support
intraday intraweek intraday intraweek
111.75 112.26 110.50 109.40
112.26 113.50 109.40 108.12

GBP/USD

Current level – 1.2902

The intraday bias is bullish above 1.2860 minor support, for a rise towards 1.3000 sentiment area. Next major resistance is projected at 1.3120.

Resistance Support
intraday intraweek intraday intraweek
1.2904 1.3120 1.2860 1.2610
1.3000 1.3500 1.2770 1.2510

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