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

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

EUR/USD

Current level – 1.1702

The consolidation pattern below 1.1725 is over and I favor a continuation of the rise, towards 1.1830. Initial support lies at 1.1645, followed by the crucial 1.1590.

Resistance Support
intraday intraweek intraday intraweek
1.1750 1.1830 1.1645 1.1480
1.1830 1.2060 1.1590 1.1300

USD/JPY

Current level – 109.56

The intraday outlook is positive above 109.20, for a rise towards 110.40 area.

Resistance Support
intraday intraweek intraday intraweek
109.80 111.40 109.20 107.80
110.40 114.40 107.80 106.70

GBP/USD

Current level – 1.3367

The bias is positive, for a rise towards 1.3460. Crucial on the downside is 1.3250.

Resistance Support
intraday intraweek intraday intraweek
1.3460 1.3990 1.3250 1.3210
1.3460 1.4100 1.3200 1.3040

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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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