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

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


EUR/USD

Current level – 1.1606

The overall outlook remains bearish for 1.1480, while below 1.1623 minor resistance. Crucial on the upside is 1.1690.

Resistance Support
intraday intraweek intraday intraweek
1.1635 1.1840 1.1570 1.1480
1.1720 1.1940 1.1480 1.1300

USD/JPY

Current level – 113.95

The intraday bias is bearish, for a tight test of 113.50 support. Crucial on the upside is 114.32 and a violation of that high will signal a rise towards 115.50.

Resistance Support
intraday intraweek intraday intraweek
114.32 115.50 113.50 111.00
115.50 116.80 113.05 107.30

GBP/USD

Current level – 1.3165

Allow an intraday dip to 1.3090 before climb to 1.3220 resistance. The latter should cap the upside, for a renewal of the general downtrend towards 1.2910.

Resistance Support
intraday intraweek intraday intraweek
1.3167 1.3220 1.3090 1.3020
1.3220 1.3340 1.3020 1.2760

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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