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

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

EUR/USD

Current level – 1.1399

The reversal at 1.1335 looks like an minor one and while 1.1430 resistance  is intact, the risk of a tighter 1.1300 attempt will remain valid. Crucial hurdle on the senior frames is 1.1550.

Resistance Support
intraday intraweek intraday intraweek
1.1430 1.1835 1.1380 1.1430
1.1550 1.2010 1.1300 1.1300

USD/JPY

Current level – 111.98

The dip below 111.60 signals a negative bias, for another dive towards 111.10 area. Initial intraday hurdle lies at 112.30 and crucial on the upside is 112.65.

Resistance Support
intraday intraweek intraday intraweek
112.30 114.40 111.65 111.65
113.50 114.40 111.10 110.40

GBP/USD

Current level – 1.2833

The reversal at 1.2770 is weak and it should meet a strong resistance at 1.2870-2940 area, for another leg downwards.

Resistance Support
intraday intraweek intraday intraweek
1.2870 1.3010 1.2770 1.2660
1.2940 1.3440 1.2660 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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