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

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

EUR/USD

Current level – 1.1306

We may expect another test at 1.1268 with next target 1.1213. Initial support in case of an opposite movement is 1.1350 and then 1.1400.

Resistance Support
intraday intraweek intraday intraweek
1.1350 1.1450 1.1300 1.1210
1.1400 1.1500 1.1260 1.0850

USD/JPY

Current level – 113.43

We can say the breakthrough of 113.00 was successful. The first resistance for the move upwards is the 113.80 zone. Historically strong resistance is 114.00 and for rallies further we’ll have to see a successful break of that level, otherwise a failed test can bring the pair to 112.00.

Resistance Support
intraday intraweek intraday intraweek
113.65 114.50 113.00 112.20
114.00 116.20 112.50 111.60

GBP/USD

Current level – 1.2577

We expect the pair to test again the support level at 1.2480 with next target 1.2360.

Resistance Support
intraday intraweek intraday intraweek
1.2600 1.2880 1.2500 1.2360
1.2690 1.3030 1.2460 1.2140

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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