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

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

EUR/USD

Current level – 1.1190

The pair continues to trade in the lower zone of the 1.120-1.1280 range. And an eventual break above 1.1285 would pave the way to 1.1450.

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 – 108.17

Looks like the price is moving in a down channel and at the moment is at its upper band. It is possible to see a break of the channel and to renew the move towards 109.00.

Resistance Support
intraday intraweek intraday intraweek
108.10 109.80 107.55 106.70
108.90 112.40 106.70 104.50

GBP/USD

Current level – 1.2462

My expectation here is positive for a successful test and break of the 1.2555 zone. If the price successfully breaks 1.2555 we can expect a rise towards 1.2700.

Resistance Support
intraday intraweek intraday intraweek
1.2555 1.2800 1.2457 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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