Sun, May 22, 2022 @ 10:58 GMT
HomeContributorsTechnical AnalysisForex Technical Analysis

Forex Technical Analysis


EUR/USD

Current level – 10589

Yesterday’s reversal at 1.0523 has put and end to the whole slide from 1.0638 high and the intraday bias is positive above 1.0565, with a risk of another upswing towards 1.0640 area. On the senior frames I favor a downtrend to emerge, towards 1.0450 zone.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek

1.0638

1.0705

1.0565

1.0450

1.0680

1.0870

1.0490

1.0350

USD/JPY

Current level – 115.41

The pair is approaching 115.65 resistance area and my outlook is already counter-trend, for a reversal and slide towards 114.10 support.

Resistance Support
intraday intraweek intraday intraweek

115.65

118.65

114.95

114.10

116.90

120.00

114.10

113.37

GBP/USD

Current level – 1.2156

The bias remains negative below 1.2220 crucial area, for a slide towards 1.2080 zone.

Resistance Support
intraday intraweek intraday intraweek

1.2220

1.2570

1.2115

1.2080

1.2300

1.2705

1.2080

1.1984

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