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

EUR/USD

Current level – 1.1370

We expect the pair to make another attempt to reach 1.14. Breaking this level will open its way toward the next imporant resistance at 1.1470. Initial support in case of an opposite movement is 1.1320.

Resistance Support
intraday intraweek intraday intraweek
1.1360 1.1500 1.1320 1.1200
1.1420 1.1620 1.1260 1.0850

USD/JPY

Current level – 113.29

The pair moves toward a certain test of the the 113.20 support. Breaking below this level will put an end to the range trading of the last few days and will target the next important intraday support at 112.60.

Resistance Support
intraday intraweek intraday intraweek
114.00 114.50 113.10 112.30
114.20 116.20 112.60 111.60

GBP/USD

Current level – 1.2740

The political tensions around the Brexit deal weigh on the pound. We can see a another test and a possible break down of 1.2730 level. This will clear the way to continue the down move to 1.2200  To witness an alternative scenario the pair must break the key resistance at 1.2860 and afterwards 1.3300.

Resistance Support
intraday intraweek intraday intraweek
1.2860 1.3250 1.2720 1.2660
1.2920 1.3440 1.2660 1.2340

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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