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

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

EUR/USD

Current level – 1.1563

The intraday outlook remains bearish, for a test of 1.1509 low. A violation of the latter will clear the way for a dip to 1.1300 area. Crucial on the upside is 1.1610 high.

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

USD/JPY

Current level – 111.24

The slide though 111.25 static support shows a bearish bias, for a continuation towards 110.25 zone. Crucial on the upside is 111.90.

Resistance Support
intraday intraweek intraday intraweek
111.80 114.50 110.25 110.25
113.20 114.50 110.25 109.30

GBP/USD

Current level – 1.2965

I favor a break through 1.2960 to trigger a sell-ff towards 1.2850 zone. Crucial on the upside is 1.3040 peak.

Resistance Support
intraday intraweek intraday intraweek
1.3040 1.3210 1.2960 1.2960
1.3080 1.3460 1.2840 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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