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

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


EUR/USD

Current level – 1.2226

I favor a break through 1.2190 static support, towards 1.2090 break-out area. Initial intraday resistance lies at 1.2260.

Resistance Support
intraday intraweek intraday intraweek
1.2260 1.2500 1.2190 1.2090
1.2320 1.2500 1.2090 1.1910

USD/JPY

Current level – 110.78

The reversal at 110.16 signals another test of 111.00 area and I favor a break through the latter to challenge 112.00 zone.

Resistance Support
intraday intraweek intraday intraweek
111.00 112.00 110.00 109.50
112.00 113.75 109.50 109.50

GBP/USD

Current level – 1.3772

The intraday bias is bearish after the new peak at 1.3835, for a break through 1.3730 static support, towards 1.3650 zone.

Resistance Support
intraday intraweek intraday intraweek
1.3835 1.3835 1.3730 1.3611
1.3900 1.4000 1.3650 1.3460

Previous articleAUDCAD Trades Significantly Higher, Touches An Almost 5-Month High
Next articleEUR/USD Bouncing
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.

NO COMMENTS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exit mobile version