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

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

EUR/USD

Current level – 1.2318

My outlook here is counter-trend, for a reversal of the slide form 1.2410, towards 1.2460 resistance. Initial intraday support is projected around 1.2270.

Resistance Support
intraday intraweek intraday intraweek
1.2460 1.2460 1.2350 1.2160
1.2460 1.2560 1.2280 1.2090

USD/JPY

Current level – 105.72

The minor rebound to 106.40 confirms the negative outlook, for a test and break through 105.20 low, en route to 104.30 area.

Resistance Support
intraday intraweek intraday intraweek
106.40 108.30 105.20 105.20
108.00 110.40 105.20 102.40

GBP/USD

Current level – 1.3950

The structure below 1.4000 is still corrective and the outlook remains positive, for a rise towards 1.4150. Initial support lies at 1.3920-30.

Resistance Support
intraday intraweek intraday intraweek
1.4000 1.4150 1.3930 1.3710
1.4150 1.4280 1.3870 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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