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

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

EUR/USD

Current level – 1.1205

The downtrend is intact and a break through 1.1170 will challenge 1.1110 low. Crucial on the upside is 1.1240.

Resistance Support
intraday intraweek intraday intraweek
1.1240 1.1330 1.1170 1.1010
1.1275 1.1450 1.1110 1.0860

USD/JPY

Current level – 109.67

The support at 109.40 guards the positive intraday bias, for a bounce towards 110.30. The outlook on the senior frames remains neutral.

Resistance Support
intraday intraweek intraday intraweek
110.30 113.20 109.40 108.50
111.65 114.50 108.50 107.40

GBP/USD

Current level – 1.2902

The bias is bearish, for a test of 1.2860 low and the latter should provide a reliable base for one more upswing, to 1.3050.

Resistance Support
intraday intraweek intraday intraweek
1.2960 1.3340 1.2860 1.2860
1.3050 1.3450 1.2810 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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