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

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

EUR/USD

Current level – 1.1338

The slide through 1.1390 crucial low shows, that the whole upmove since 1.1300 test is over and the intraday bias is bearish below 1.1390 resistance. A break through 1.1300 will signal, that the prolonged consolidation since August is complete and will challenge 1.1100 and 1.0860 support zones.

Resistance Support
intraday intraweek intraday intraweek
1.1550 1.1835 1.1390 1.1300
1.1620 1.2010 1.1300 1.1110

USD/JPY

Current level – 113.81

The upmove is still intact and a minor intraday support is seen at 113.55. A violation of the latter will challenge the crucial low at 112.90.

Resistance Support
intraday intraweek intraday intraweek
114.50 114.50 113.55 111.60
114.50 114.50 112.90 110.40

GBP/USD

Current level – 1.3013

The break through 1.3040 support signals, that the whole upmove since 1.2690 low is over and the outlook is bearish, for a slide towards 1.2940. Initial resistance lies at 1.3080.

Resistance Support
intraday intraweek intraday intraweek
1.3080 1.3250 1.2940 1.2660
1.3175 1.3440 1.2870 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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