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

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

EUR/USD

Current level – 1.1207

The bearish pressure has been lost with the failure at 1.1170 and intraday there is a risk of another attempt towards 1.1270 resistance area.

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 – 109.45

The intraday bias is absolutely neutral. A violation of 109.70 hurdle will challenge 110.30 area.

Resistance Support
intraday intraweek intraday intraweek
110.30 113.20 109.00 108.50
111.65 114.50 108.50 107.40

GBP/USD

Current level – 1.2840

The violation of 1.2860 low signals a completion of the consolidation phase and the bias is bearish, for a dive towards 1.2690. Initial resistance lies at 1.2890.

Resistance Support
intraday intraweek intraday intraweek
1.2890 1.3340 1.2810 1.2860
1.3050 1.3450 1.2690 1.2690

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