Tue, Sep 27, 2022 @ 05:31 GMT
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Forex Technical Analysis: EUR/USD, USD/JPY, GBP/USD


EUR/USD

Current level – 1.1405

The brief consolidation dip tested precisely 1.1295 support area and the uptrend was renewed, currently struggling below 1.1430 dynamic hurdle. The bias is positive, for a break through the latter, towards 1.1550 and 1.1615 area.

Resistance Support
intraday intraweek intraday intraweek
1.1430 1.1430 1.1295 1.1020
1.1550 1.1610 1.1210 1.0838

USD/JPY

Current level – 112.25

USD/JPY Current level – 112.25

The uptrend is intact, heading towards 113.10 resistance area. A break through the latter should be expected, for another leg upwards, to 114.30 area. Crucial support lies at 111.30.

Resistance Support
intraday intraweek intraday intraweek
112.50 113.10 112.00 110.30
113.10 114.30 111.30 108.81

GBP/USD

Current level – 1.2962

The uptrend is intact, currently testing 1.2980 resistance area. I favor a break through the latter, for a rise towards 1.3050. Initial intraday support lies at 1.2910, followed by the major one at 1.2830.

Resistance Support
intraday intraweek intraday intraweek
1.2980 1.3050 1.2910 1.2635
1.3050 1.3150 1.2830 1.2480

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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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