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

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


EUR/USD

Current level – 1.2458

The bias is bearish below 1.2480 minor resistance, for a break through 1.2390 support, towards 1.2330 area. 

Resistance Support
intraday intraweek intraday intraweek
1.2480 1.2540 1.2390 1.2330
1.2540 1.2870 1.2330 1.2220

USD/JPY

Current level – 109.82

My outlook is positive above 109.70, for another rise towards 111.90 zone. Crucial on the downside is 109.20 low.

Resistance Support
intraday intraweek intraday intraweek
110.50 111.90 109.70 108.30
111.90 113.40 109.20 107.30

GBP/USD

Current level – 1.4118

A reversal has been confirmed at 1.4275 and my outlook remains bearish, for a break through 1.4090, towards 1.3910 area. Minor intraday resistance is projected at 1.4200.

Resistance Support
intraday intraweek intraday intraweek
1.42800 1.4340 1.4090 1.3910
1.4275 1.4730 1.3980 1.3730

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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