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

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

EUR/USD

Current level – 1.1259

The pair reached the upper boundary of the trading range between 1.1180 and 1.1280 and a violation of the mentioned hurdle will challenge 1.1450 zone.

Resistance Support
intraday intraweek intraday intraweek
1.1285 1.1570 1.1180 1.1110
1.1350 1.1820 1.1110 1.1010

USD/JPY

Current level – 107.64

The pattern after 107.20 low is corrective in structure, but a return below 107.30 is needed in order to confirm a continuation towards 106.80. Key resistance lies at 108.00.

Resistance Support
intraday intraweek intraday intraweek
108.10 109.80 107.30 106.70
108.90 112.40 106.70 104.50

GBP/USD

Current level – 1.2519

The rebound after 1.2380 low managed to surpass 1.2500 hurdle and the bias is positive, for a break through the crucial 1.2580, towards 1.2800 major resistance.

Resistance Support
intraday intraweek intraday intraweek
1.2580 1.2800 1.2500 1.2380
1.2660 1.2890 1.2380 1.2110

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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