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

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

EUR/USD

Current level – 1.2404

The short-lived spike to 1.2475 sets the finale of the rise since 1.2240 low and the bias is bearish, for a break through 1.2380, towards 1.2240.

Resistance Support
intraday intraweek intraday intraweek
1.2420 1.2560 1.2380 1.2160
1.2510 1.2560 1.2240 1.2090

USD/JPY

Current level – 105.60

My outlook is bearish, for a break through 105.20, towards 104.30.

Resistance Support
intraday intraweek intraday intraweek
105.90 108.30 105.20 104.30
106.60 110.40 104.30 102.50

GBP/USD

Current level – 1.4192

The massive sell-off at 1.4240 shows a reversal of the whole upmove since 1.3710 and the outlook here is bearish, for a slide through 1.4075, towards 1.3910.

Resistance Support
intraday intraweek intraday intraweek
1.4200 1.4280 1.4075 1.3710
1.4240 1.4340 1.3910 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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