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

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


EUR/USD

Current level – 1.1936

The intraday bias is slightly positive, for a test of 1.1985 resistance area and the latter is expected to cap the upside, for another leg downwards, to 1.1830. A violation of the latter will challenge 1.1660.

Resistance Support
intraday intraweek intraday intraweek
1.1980 1.2070 1.1830 1.1830
1.2070 1.2160 1.1740 1.1660

USD/JPY

Current level – 108.96

Current rebound should be considered corrective, preceding a break through 108.10, towards 107.00 area. Initial intraday resistance lies at 109.80.

Resistance Support
intraday intraweek intraday intraweek
109.80 111.00 108.10 108.10
110.60 112.20 108.10 107.00

GBP/USD

Current level – 1.3042

The bias is still positive above 1.2990, for a possible test of 1.3150 area. Crucial on the downside is 1.2910 is a violation of that area will challenge 1.2770 low again.

Resistance Support
intraday intraweek intraday intraweek
1.3080 1.3157 1.2990 1.2773
1.3157 1.3260 1.2907 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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