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

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


EUR/USD

Current level – 10979

The reversal at 1.0870 signals a completion of the consolidation pattern below 1.0950 and the bias is positive, for a test of 1.1010 resistance. Initial intraday support lies at 1.0950 and crucial on the downside is 1.0870 low.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek

1.0950

1.0950

1.0826

1.0780

1.1010

1.1010

1.0780

1.0676

USD/JPY

Current level – 112.21

The uptrend has been reversed at 113.04 and the bias is already negative, for a test of 111.90, en route to 110.80. Crucial intraday resistance lies at 112.65.

Resistance Support
intraday intraweek intraday intraweek

112.65

113.50

111.90

109.40

113.04

115.60

110.80

108.12

GBP/USD

Current level – 1.2919

Yesterday’s reversal at 1.2830 led to a fast rise and the bias is positive, for a test of 1.2965 peak. Minor intraday support lies at 1.2900.

Resistance Support
intraday intraweek intraday intraweek

1.2965

1.3120

1.2860

1.2610

1.3000

1.3500

1.2770

1.2510

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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