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

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


EUR/USD

Current level – 1.1384

Yesterday’s tight trading range signals a bearish bias, for a break through 1.1380 and slide towards 1.1290+ area. The mentioned dip should be the final leg of the consolidation pattern below 1.1445, before upmove towards 1.1550.

Resistance Support
intraday intraweek intraday intraweek
1.1445 1.1550 1.1380 1.1020
1.1550 1.1610 1.1290 1.0838

USD/JPY

Current level – 114.38

My outlook remains bullish, for a rise towards 115.50 area. Key intraday support lies at 114.00, followed by the major one at 113.50.

Resistance Support
intraday intraweek intraday intraweek
114.50 115.50 114.00 112.60
115.40 115.50 113.50 108.81

GBP/USD

Current level – 1.2873

My outlook is bearish below 1.2900, for a violation of 1.2860, towards 1.2790 area. Crucial on the upside is 1.2980.

Resistance Support
intraday intraweek intraday intraweek
1.2900 1.3130 1.2860 1.2635
1.2980 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.

Featured Analysis

Learn Forex Trading