Tue, Jan 31, 2023 @ 23:20 GMT
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Forex Technical Analysis: EUR/USD, USD/JPY, GBP/USD

EUR/USD

Current level – 1.2313

Yesterday’s consolidation above 1.2360 was followed by a brief rise to 1.2450, finalizing the whole rise since 1.2160 low. The outlook is bearish below 1.2360, for 1.2250, en route to 1.2160.

Resistance Support
intraday intraweek intraday intraweek
1.2360 1.2460 1.2250 1.2160
1.2460 1.2560 1.2160 1.2090

USD/JPY

Current level – 106.76

The violation of 106.50 resistance signals a positive bias, for 108.00 area. Crucial on the downside is 105.85 and initial support lies at 106.50.

Resistance Support
intraday intraweek intraday intraweek
107.20 108.30 106.50 105.20
108.00 110.40 105.85 102.40

GBP/USD

Current level – 1.3799

Yesterday’s slide shows a completion of the whole rise since 1.3710 low and the outlook is bearish, for 1.3620 major support area. Initial intraday resistance lies at 1.3850.

Resistance Support
intraday intraweek intraday intraweek
1.3850 1.4060 1.3710 1.3710
1.3930 1.4280 1.3710 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.

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