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

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


EUR/USD

Current level – 1.1931

Friday’s break through 1.1830 static resistance shows, that the prolonged consolidation below 1.1909 is already over and the general uptrend has been renewed, heading towards 1.2040, en route to 1.2160 area. Initial intraday support lies at 1.1909 and crucial on the downside is 1.1830.

Resistance Support
intraday intraweek intraday intraweek
1.1950 1.2040 1.1909 1.1830
1.2040 1.2160 1.1830 1.1580

USD/JPY

Current level – 109.09

The outlook here remains bearish, for a slide towards 108.60, en route to 108.10 low. Minor intraday resistance lies at 109.50.

Resistance Support
intraday intraweek intraday intraweek
109.50 111.00 108.60 108.10
110.30 112.20 108.10 107.00

GBP/USD

Current level – 1.2893

The low at 1.2773 signals a reversal of the whole downtrend from 1.3260 and the bias is already positive above 1.2846, for a break through 1.2930, towards 1.3050 zone.

Resistance Support
intraday intraweek intraday intraweek
1.2930 1.3157 1.2846 1.2773
1.3050 1.3260 1.2773 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.

Featured Analysis

Learn Forex Trading