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

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

EUR/USD

Current level – 1.1256

The pair is heading for a test of 1.1350 resistance and the latter should cap the upside, for a downswing towards 1.1280 crucial low, en route to 1.1175.

Resistance Support
intraday intraweek intraday intraweek
1.1350 1.1350 1.1280 1.1090
1.1420 1.1420 1.1175 1.0860

USD/JPY

Current level – 111.56

The violation of 111.45 hurdle signals a risk of a rise to 112.15 peak. My outlook is counter-trend, for a reversal and slide below 111.00 trigger.

Resistance Support
intraday intraweek intraday intraweek
111.80 113.00 111.45 110.20
112.15 114.50 111.00 108.50

GBP/USD

Current level – 1.3258

The UK parliament ruled out the “no-deal” Brexit and the pair spiked to a new high at 1.3380. The overall bias is positive above 1.3190, targeting 1.3450 area.

Resistance Support
intraday intraweek intraday intraweek
1.3380 1.3450 1.3190 1.2800
1.3450 1.3450 1.2960 1.2610

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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