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

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


EUR/USD

Current level – 1.1653

The intraday bias is still positive above 1.1620, but my outlook is counter-trend below 1.1690, for a violation of the crucial 1.1585, towards 1.1480.

Resistance Support
intraday intraweek intraday intraweek

1.1690

1.1840

1.1620

1.1480

1.1690

1.1940

1.1585

1.1300

USD/JPY

Current level – 113.42

The lack of an impulsive rebound above 113.00 area shows a neutral bias and only a violation of 114.05 crucial high will renew the positive outlook.

Resistance Support
intraday intraweek intraday intraweek

114.04

115.50

113.00

111.60

115.50

116.80

111.60

107.30

GBP/USD

Current level – 1.3121

The recent rise peaked precisely at 1.3220 resistance and the reversal at that zone signals a completion of the whole corrective rebound above 1.3030 low. My outlook is bearish, for a break through 1.3085 static support, towards 1.3020, en route to 1.2910.

Resistance Support
intraday intraweek intraday intraweek

1.3220

1.3220

1.3085

1.3020

1.3220

1.3340

1.3020

1.2760

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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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