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

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


EUR/USD

Current level – 1.1353

The bias remains bearish, for a tight test of 1.1290 major support. The latter should provide a reliable base for the next upswing towards 1.1550. Initial intraday resistance lies at 1.1385.

Resistance Support
intraday intraweek intraday intraweek
1.1385 1.1450 1.1290 1.1020
1.1425 1.1610 1.1290 1.0838

USD/JPY

Current level – 113.19

The pattern below 113.45 is by all means corrective in nature, thus preceding another leg upwards, to 114.30. Initial support lies at 112.60.

Resistance Support
intraday intraweek intraday intraweek
113.45 114.30 112.60 110.30
114.30 115.50 111.70 108.81

GBP/USD

Current level – 1.2919

The minor downtrend from 1.3030 is still intact, heading towards 1.2860 support zone. Initial resistance lies at 1.2960.

Resistance Support
intraday intraweek intraday intraweek
1.2960 1.3130 1.2860 1.2635
1.3050 1.3500 1.2790 1.2480

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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