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

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


EUR/USD

Current level – 1.1791

Yesterday’s low at 1.1740 is already a crucial one and a break through it will signal a renewal of the downtrend, towards 1.1580. Initial intraday resistance lies at 1.1830.

Resistance Support
intraday intraweek intraday intraweek
1.1830 1.1909 1.1740 1.1580
1.1850 1.2000 1.1580 1.1480

USD/JPY

Current level – 109.31

The overall outlook here remains bearish, for a break through 108.60, towards 108.10, en route to 107.00 area. Initial intraday hurdle lies at 109.80.

Resistance Support
intraday intraweek intraday intraweek
109.80 111.00 108.60 108.10
110.30 112.20 108.10 107.00

GBP/USD

Current level – 1.2798

The downtrend is intact, heading towards 1.2705, en route to 1.2600 area. Minor intraday resistance is projected at 1.2850 and crucial on the upside is 1.2915 high.

Resistance Support
intraday intraweek intraday intraweek
1.2850 1.3260 1.2705 1.2606
1.2930 1.3500 1.2606 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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