Fri, Aug 19, 2022 @ 14:30 GMT
HomeContributorsTechnical AnalysisForex Technical Analysis: EUR/USD, USD/JPY, GBP/USD

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


EUR/USD

Current level – 10677

My outlook remains negative, for a slide towards 1.0600 support area. Crucial on the upside is 1.0700 high.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0700 1.0904 1.0600 1.0600
1.0828 1.1010 1.0490 1.0490

USD/JPY

Current level – 111.36

The recent slide below 111.45 support zone has neutralized the positive bias and the situation here is neutral. Initial minor resistance lies at 111.70 and key support is projected at 110.70.

Resistance Support
intraday intraweek intraday intraweek
111.70 113.50 110.70 109.75
112.90 115.65 111.00 107.80

GBP/USD

Current level – 1.2544

The intraday bias is positive and only a break through 1.2430 crucial low will reinstate the bearish outlook for 1.2230.

Resistance Support
intraday intraweek intraday intraweek
1.2620 1.2620 1.2530 1.2230
1.2620 1.2705 1.2430 1.2107

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