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

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

EUR/USD

Current level – 1.1326

The intraday bias is bearish, for a dip to 1.1270-80, followed by a reversal and rise towards 1.1470.

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

USD/JPY

Current level – 113.52

The rise since 112.60 low is in its final stage and after a brief spike to 113.90 a reversal should follow, for a dip to 112.60.

Resistance Support
intraday intraweek intraday intraweek
113.90 114.50 113.10 111.40
114.50 116.20 112.60 110.40

GBP/USD

Current level – 1.2777

The downtrend since 1.2930 peak is still intact and I favor a dip to 1.2690 area before reversal and bounce towards 1.3040.

Resistance Support
intraday intraweek intraday intraweek
1.2800 1.3250 1.2760 1.2660
1.2930 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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