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

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

EUR/USD

Current level – 1.1465

No change here, as the pair continues to struggle above 1.1430 support and I favor a break through the latter to initiate a slide towards 1.1300.

Resistance Support
intraday intraweek intraday intraweek
1.1480 1.1835 1.1430 1.1430
1.1550 1.2010 1.1300 1.1300

USD/JPY

Current level – 112.57

Yesterday’s slide bottomed precisely at 111.90 support and current rebound should be considered corrective, preceding another dip, to 111.60 zone.

Resistance Support
intraday intraweek intraday intraweek
112.80 114.40 111.90 111.65
113.50 114.40 111.65 110.40

GBP/USD

Current level – 1.2978

The downtrend is still underway and the outlook is bearish, for a dip to 1.2870 zone. Crucial on the upside is 1.3100 hurdle.

Resistance Support
intraday intraweek intraday intraweek
1.3010 1.3440 1.2950 1.2570
1.3100 1.3440 1.2870 1.2570

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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