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

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

EUR/USD

Current level – 1.1735

Intraday allow a dip to 1.1650 before bouncing back again towards 1.1830 hurdle. Key intraday resistance  lies at 1.1775.

Resistance Support
intraday intraweek intraday intraweek
1.1775 1.1830 1.1710 1.1480
1.1830 1.2060 1.1650 1.1300

USD/JPY

Current level – 110.56

My outlook here is counter-trend, for a sell-off through 110.10, en route to 109.20 and 107.80.

Resistance Support
intraday intraweek intraday intraweek
110.70 111.40 110.10 107.80
111.40 114.40 109.20 106.70

GBP/USD

Current level – 1.3357

The consolidation pattern below 1.3460 is still underway and the intraday bias is bearish, for a dip to 1.3290. The later would provide a reliable base for another leg upwards on the senior frames, towards 1.3620.

Resistance Support
intraday intraweek intraday intraweek
1.3460 1.3618 1.3350 1.3210
1.3620 1.3990 1.3290 1.3040

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.

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