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

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

EUR/USD

Current level – 1.1528

The support at 1.1500 is still intact, but I favor a break lower to target  1.1410 area. Major resistance lies at 1.1620.

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 – 108.27

The rebound after 107.70 is capped at 108.50 resistance and I favor another downswing, towards 106.70 zone.

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 – 1.2757

My outlook here is bearish, for a test of 1.2710, en route to 1.2620 area.

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

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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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