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

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

EUR/USD

Current level – 1.1261

The overall outlook remains positive above 1.1240, for a rise towards 1.1330. Crucial is 1.1210 low and a break through the latter will signal an imminent test of 1.1175 low, en route to 1.1015.

Resistance Support
intraday intraweek intraday intraweek
1.1330 1.1570 1.1250 1.1175
1.1330 1.1830 1.1175 1.0860

USD/JPY

Current level – 111.15

The downtrend is intact, heading towards 110.50 area. Crucial on the upside is 111.50 resistance.

Resistance Support
intraday intraweek intraday intraweek
111.50 113.00 110.50 108.90
112.15 114.50 110.50 107.40

GBP/USD

Current level – 1.3059

The recent test of 1.3120 resistance failed and the intraday bias is neutral. Nevertheless, I still favor an upswing to 1.3200 area, at least while 1.2960 support is intact.

Resistance Support
intraday intraweek intraday intraweek
1.3120 1.3450 1.2960 1.2820
1.3260 1.3450 1.2960 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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