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

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

EUR/USD

Current level – 1.1353

The bias is negative below 1.1360, for a dip to 1.1260 area and the latter should provide a base for another upswing, towards 1.1500 area.

Resistance Support
intraday intraweek intraday intraweek
1.1420 1.1500 1.1360 1.1100
1.1500 1.1620 1.1270 1.0850

USD/JPY

Current level – 113.19

The slide since 113.20 is over with the recent low at 112.60 and the bias is positive, for a rise towards 113.70.

Resistance Support
intraday intraweek intraday intraweek
113.70 114.50 112.60 111.40
114.50 116.20 111.40 110.40

GBP/USD

Current level – 1.2816

The failure to continue upwards signals a bearish bias, for a break through 1.2760, en route to 1.2660.

Resistance Support
intraday intraweek intraday intraweek
1.2920 1.3250 1.2760 1.2660
1.3040 1.3440 1.2660 1.2570

Previous articleBoJ Kuroda: It’s possible to shrink the balance while keeping markets stable
Next articleEU Leaders Back Brexit Deal
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.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version