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

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

EUR/USD

Current level – 1.1609

The recent break through 1.1590 signals a renewal of the uptrend, for a rise towards 1.1750. Initial support lies at 1.1590.

Resistance Support
intraday intraweek intraday intraweek
1.1650 1.1750 1.1590 1.1300
1.1750 1.1750 1.1490 1.1100

USD/JPY

Current level – 111.17

The intraday bias is still bearish after the reversal at 111.50, but 110.70 support is expected to provide a reliable base for the next upswing, towards 112.20.

Resistance Support
intraday intraweek intraday intraweek
111.50 114.50 110.70 110.10
112.20 114.50 109.30 109.30

GBP/USD

Current level – 1.2840

The rebound above 1.2800 is obviously weak, but the intraday bias is positive, so I favor a rise towards 1.2930 peak.

Resistance Support
intraday intraweek intraday intraweek
1.2930 1.2970 1.2850 1.2570
1.2970 1.3210 1.2750 1.2570

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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