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

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

EUR/USD

Current level – 1.1336

The outlook remains counter-trend against 1.1290 low, for a bounce back towards 1.1440.

Resistance Support
intraday intraweek intraday intraweek
1.1390 1.1630 1.1330 1.1214
1.1440 1.1820 1.1290 1.1100

USD/JPY

Current level – 109.75

Still within the consolidation boundaries at 109.60 and 110.20 and I favor a break on the upside, for 111.45. Next major support lies at 109.10.

Resistance Support
intraday intraweek intraday intraweek
110.20 111.45 109.60 106.70
111.45 112.20 109.10 104.60

GBP/USD

Current level – 1.2936

The bounce after 1.2850 low signals a reversal of the slide since 1.3210 high and the bias is already positive, for a break through 1.3000, towards 1.3130 area.

Resistance Support
intraday intraweek intraday intraweek
1.3000 1.3290 1.2930 1.2800
1.3135 1.3480 1.2800 1.2610

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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