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

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

EUR/USD

Current level – 1.1635

The slide through 1.1700 signals a reversal of the upmove since 1.1610 and the bias is bearish, for a dip to 1.1510 lows. Minor resistance lies at 1.1645 and crucial on the upside is 1.1665.

Resistance Support
intraday intraweek intraday intraweek
1.1645 1.1750 1.1610 1.1510
1.1700 1.1830 1.1510 1.1300

USD/JPY

Current level – 113.04

The climb above 112.80 signals a completion of the consolidation pattern, so the uptrend is renewed, heading towards 113.70, en route to 114.50.

Resistance Support
intraday intraweek intraday intraweek
113.70 114.50 112.80 111.40
114.50 114.50 112.17 109.30

GBP/USD

Current level – 1.3094

The violation of 1.3190 signals a reversal of the positive bias and the outlook is bearish, for a test of 1.3040 lows. Initial resistance is projected at 1.3140, followed by 1.3190.

Resistance Support
intraday intraweek intraday intraweek
1.3140 1.3460 1.3040 1.3040
1.3190 1.3620 1.3040 1.2770

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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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