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

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

EUR/USD

Current level – 1.1550

Yesterday’s attempt at 1.1500 hurdle was successful and next resistance  lies at 1.1630. Despite the positive intraday bias, my outlook is counter-trend, for a return below 1.1500, en route to 1.1410 crucial support.

Resistance Support
intraday intraweek intraday intraweek
1.1630 1.1630 1.1500 1.1214
1.1630 1.1820 1.1410 1.1100

USD/JPY

Current level – 107.86

The violation of 108.50 shows a negative outlook, for a slide towards 106.70 zone. Initial resistance lies at 108.50.

Resistance Support
intraday intraweek intraday intraweek
108.50 111.45 106.70 106.70
109.10 112.20 106.70 104.60

GBP/USD

Current level – 1.2766

The failure at 1.2710 led to a new rise towards the upper boundary, but 1.2810 hurdle is still intact, so I favor another downswing towards 1.2710 and 1.2620 later on.

Resistance Support
intraday intraweek intraday intraweek
1.2810 1.2885 1.2710 1.2420
1.2885 1.3250 1.2615 1.2340

DeltaStock Inc.
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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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