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

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

EUR/USD

Current level – 1.1314

The initial test of 1.1330 resistance area failed, but the bias remains positive, with an initial support at 1.1280 and crucial low at 1.1250.

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 – 111.89

The pair reached 112.15 resistance and I favor a corrective dip to 111.50 zone.

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

GBP/USD

Current level – 1.3083

The lack of trend dynamics leaves the intraday outlook neutral. Major support lies at 1.2960 and minor resistance is projected at 1.3200.

Resistance Support
intraday intraweek intraday intraweek
1.3200 1.3450 1.2960 1.2820
1.3200 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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