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

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


EUR/USD

Current level – 1.2300

Yesterday’s low at 1.2220 shows a finale of the corrective pullback below 1.2320 and the uptrend is renewed, towards 1.2500 area. Initial intraday support lies at 1.2270, followed by the crucial low at 1.2220.

Resistance Support
intraday intraweek intraday intraweek
1.2400 1.2500 1.2270 1.2160
1.2500 1.2500 1.2220 1.2090

USD/JPY

Current level – 110.00

The recent failure at 111.20 signals a completion of the consolidation pattern above 110.20 and the bias is bearish, for a test and break through 109.50, en route to 108.50 zone. Key intraday hurdle lies at 110.50 and crucial on the upside is 111.20.

Resistance Support
intraday intraweek intraday intraweek
110.50 112.00 109.50 108.50
111.20 113.75 108.50 107.30

GBP/USD

Current level – 1.4033

Yesterday’s slide to 1.3910 was a corrective one and the uptrend is renewed, towards 1.4150, en route to 1.4340 zone. Crucial on the downside is 1.3910 low.

Resistance Support
intraday intraweek intraday intraweek
1.4150 1.4000 1.3910 1.3830
1.4340 1.4340 1.3830 1.3611

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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