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

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

EUR/USD

Current level – 1.1739

The reversal at 1.1790 signals a bearish outlook, for a dip to 1.1680. On the senior frames it still unclear if this is a finale of the prolonged consolidation above 1.1510.

Resistance Support
intraday intraweek intraday intraweek
1.1790 1.1830 1.1726 1.1510
1.1830 1.2050 1.1680 1.1300

USD/JPY

Current level – 111.15

The violation of 110.80 resistance signals a positive bias, for a test of 111.40. Key intraday support lies at 110.80.

Resistance Support
intraday intraweek intraday intraweek
111.40 111.40 110.80 107.80
111.40 114.40 110.25 106.70

GBP/USD

Current level – 1.3229

A reversal has been confirmed at 1.3360 and my outlook is bearish below 1.3320, for a slide towards 1.3100 area.

Resistance Support
intraday intraweek intraday intraweek
1.3320 1.3618 1.3200 1.3040
1.3460 1.3990 1.3100 1.2770

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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