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

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

EUR/USD

Current level – 1.1354

Allow an intraday spike to 1.1400 to provoke a reversal for a slide through 1.3115 trigger, towards 1.1214 lows.

Resistance Support
intraday intraweek intraday intraweek
1.1400 1.1630 1.1320 1.1214
1.1400 1.1820 1.1275 1.1100

USD/JPY

Current level – 110.82

The short-lived spike to 111.20 is only an internal swing of the consolidation pattern and my outlook is bearish, for a break through 110.55, towards 110.20.

Resistance Support
intraday intraweek intraday intraweek
111.20 111.45 110.20 106.70
111.45 114.50 109.10 104.60

GBP/USD

Current level – 1.3148

The outlook remains positive above 1.3100, for a rise towards 1.3210 area.

Resistance Support
intraday intraweek intraday intraweek
1.3210 1.3210 1.3100 1.2800
1.3210 1.3290 1.2845 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.

Featured Analysis

Learn Forex Trading

Trading the Higher Timeframes

Low Spread Scalping Strategies

Thinking in Probabilities

Gann Swing Charts

Using a Multi-Timeframe Approach

Making use of a Trading Journal