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

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


EUR/USD

Current level – 1.1758

The test at 1.1825 has failed and the pair reached a new low at 1.1713. The outlook remains negative, for an attack of 1.1650-1580 area. Minor intraday resistance lies at 1.1780.

Resistance Support
intraday intraweek intraday intraweek

1.1780

1.1909

1.1650

1.1580

1.1825

1.2000

1.1580

1.1480

USD/JPY

Current level – 109.97

The slide through 110.25 signals a renewal of the general downtrend and the outlook is bearish, for a depreciation towards 108.80. Initial intraday resistance lies at 110.25.

Resistance Support
intraday intraweek intraday intraweek

110.25

112.20

109.80

109.80

111.04

114.50

108.80

108.10

GBP/USD

Current level – 1.3021

The recent low at 1.2950 should be enough for a completion of the downtrend from 1.2360 and the intraday bias is positive above 1.3000, for a break through 1.3050, towards 1.3160.

Resistance Support
intraday intraweek intraday intraweek

1.3050

1.3260

1.3000

1.2930

1.3100

1.3500

1.2930

1.2810

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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