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

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

EUR/USD

Current level – 1.1274

The climb above 1.1250 shows a reversal of the downmove from 1.1347 and the bias is positive, for a test of the mentioned peak. Initial support lies at 1.1250.

Resistance Support
intraday intraweek intraday intraweek
1.1300 1.1450 1.1250 1.1110
1.1350 1.1450 1.1180 1.1010

USD/JPY

Current level – 107.63

The pair has left the consolidation range on the downside and the bias is bearish, for a slide towards 106.70.

Resistance Support
intraday intraweek intraday intraweek
107.80 109.90 106.70 106.70
108.70 112.40 106.70 104.50

GBP/USD

Current level – 1.2692

The violation of 1.2650 signals a major reversal and a break through 1.2760 crucial high will confirm a completion of the whole downtrend since 1.3380 peak. The bias is positive above 1.2650, for 1.2760 and 1.2810.

Resistance Support
intraday intraweek intraday intraweek
1.2760 1.2890 1.2650 1.2503
1.2810 1.3170 1.2600 1.2420

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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