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

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

EUR/USD

Current level – 1.1279

I favor a reversal at 1.1250, for an upswing towards 1.1350, en route to 1.1450.

Resistance Support
intraday intraweek intraday intraweek
1.1315 1.1570 1.1250 1.1110
1.1410 1.1820 1.1250 1.1010

USD/JPY

Current level – 107.84

Intraday expect a test of 108.70 hurdle to provoke a reversal, for another downswing to 107.50.

Resistance Support
intraday intraweek intraday intraweek
108.10 109.80 107.50 106.70
109.80 112.40 106.70 104.50

GBP/USD

Current level – 1.2579

There is still a downward pressure below 1.2600, for a test of 1.2503 low. Crucial on the upside is 1.2660 area.

Resistance Support
intraday intraweek intraday intraweek
1.2660 1.2890 1.2503 1.2503
1.2810 1.3170 1.2503 1.2420

Previous articleCrude Oil Bullish Bias Above 56.55
Next articleCurrencies: Will Payrolls Break Recent Stalemate In USD Trading?
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.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version