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

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

EUR/USD

Current level – 1.2311

Thursday’s test of 1.2280 dynamic support has failed and an intraday break through 1.2330 will challenge 1.2380 resistance area. The latter should reinstate the bearish bias, for a slide towards 1.2160.

Resistance Support
intraday intraweek intraday intraweek
1.2330 1.2560 1.2280 1.2160
1.2380 1.2560 1.2240 1.2090

USD/JPY

Current level – 106.33

The static support at 105.90 is intact and should provide a reliable bas for an upswing toward 107.30.

Resistance Support
intraday intraweek intraday intraweek
107.00 108.30 105.90 105.20
107.90 110.40 105.20 104.60

GBP/USD

Current level – 1..4042

The resistance at 1.4090 should cap the upside, for another leg downwards, to 1.3910 zone.

Resistance Support
intraday intraweek intraday intraweek
1.4090 1.4280 1.3980 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.

Featured Analysis

Learn Forex Trading