Tue, Jan 31, 2023 @ 23:22 GMT
HomeContributorsTechnical AnalysisForex Technical Analysis: EUR/USD, USD/JPY, GBP/USD

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

EUR/USD

Current level – 1.2426

The bias here is bullish above 1.2360, for a test of 1.2460, en route to 1.2550.

Resistance Support
intraday intraweek intraday intraweek
1.2360 1.2460 1.2280 1.2160
1.2460 1.2560 1.2160 1.2090

USD/JPY

Current level – 105.60

The test of 106.50 resistance failed and a break through 105.20 will signal a renewal of the downtrend, towards 104.30.

Resistance Support
intraday intraweek intraday intraweek
106.50 108.30 105.20 105.40
107.60 110.40 104.30 102.40

GBP/USD

Current level – 1.3900

The uptrend is still intact, with an intraday support at 1.3860 and there is a risk of another leg upwards, to 1.3970 dynamic resistance. Crucial on the downside is 1.3815 and a violation of that low will signal a slide towards 1.3620.

Resistance Support
intraday intraweek intraday intraweek
1.3930 1.4060 1.3860 1.3710
1.3970 1.4280 1.3815 1.3620

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.

Featured Analysis

Learn Forex Trading