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


EUR/USD

Current level – 1.1412

With the recent dip below 1.1380 there is a risk of another slide to 1.13+ area, but the overall bias remains positive, for a rise towards 1.1610. trigger on the upside is 1.1452 high.

Resistance Support
intraday intraweek intraday intraweek

1.1452

1.1550

1.1380

1.1290

1.1550

1.1610

1.1290

1.1020

USD/JPY

Current level – 113.22

The rebound above 1.1280 is corrective in nature, thus preceding another leg downwards, to 111.75 area. 

Resistance Support
intraday intraweek intraday intraweek

113.50

115.50

112.80

111.75

114.50

115.50

111.75

110.20

GBP/USD

Current level – 1.2957

Yesterday’s break through 1.2920 confirms, that a low is in place at 1.2810 and my outlook remains bullish, for a rise towards 1.3050 area. Initial intraday support lies at 1.2900.

Resistance Support
intraday intraweek intraday intraweek

1.2980

1.3050

1.2900

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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