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

EUR/USD

Current level – 1.1256

The upmove since 1.1175 low is still on track, currently testing 1.1280 hurdle. A reversal here will be confirmed with a break through 1.1220 trigger and will allow a slide towards 1.1090.

Resistance Support
intraday intraweek intraday intraweek
1.1280 1.1350 1.1220 1.1090
1.1280 1.1420 1.1090 1.0860

USD/JPY

Current level – 111.29

The resistance at 111.50 is still intact and I favor a reversal, for a downswing towards 111.00, en route to 110.20.

Resistance Support
intraday intraweek intraday intraweek
111.50 113.00 111.00 110.20
112.15 114.50 110.20 108.50

GBP/USD

Current level – 1.3204

The impulsive rise through 1.3100 area shows a completion of the corrective slide since 1.3350 high and the outlook is positive, for a test of the mentioned peak, en route to 1.3450. Minor intraday support lies at 1.3180.

Resistance Support
intraday intraweek intraday intraweek
1.3350 1.3450 1.3180 1.2800
1.3450 1.3450 1.2960 1.2610

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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