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

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


EUR/USD

Current level – 1.1786

The intraday bounce is over with the recent peak at 1.1827 and my outlook is bearish, for a break through the trigger at 1.1730, towards 1.1580.

Resistance Support
intraday intraweek intraday intraweek
1.1830 1.1909 1.1730 1.1580
1.1850 1.2000 1.1580 1.1480

USD/JPY

Current level – 109.22

The consolidation pattern above 108.60 should be close to completion, so I favor a reversal around 109.60, for a sell-ff towards 108.10, en route to 107.00 area.

Resistance Support
intraday intraweek intraday intraweek
109.60 111.00 108.60 108.10
110.30 112.20 108.10 107.00

GBP/USD

Current level – 1.2853

The outlook is still bearish, for a break through 1.2800 zone, towards 1.2600 area. Key hurdle remains projected at 1.2930.

Resistance Support
intraday intraweek intraday intraweek
1.2930 1.3260 1.2804 1.2804
1.3050 1.3500 1.2705 1.2606

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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