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

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

EUR/USD

Current level – 1.2322

Yesterday’s slide has bottomed at 1.2298 and my outlook is already bullish, for a rise towards 1.2420 area. Initial intraday  resistance lies at 1.2350.

Resistance Support
intraday intraweek intraday intraweek
1.2350 1.2560 1.2290 1.2160
1.2420 1.2560 1.2210 1.2090

USD/JPY

Current level – 107.56

The bias remains bullish after the rebound at 106.60, for a rise towards 108.30 area.

Resistance Support
intraday intraweek intraday intraweek
107.90 108.30 106.60 105.20
108.30 110.40 105.60 104.60

GBP/USD

Current level – 1.4224

The reversal at 1.4145 signals a renewal of the uptrend and the bias is positive, for a break through 1.4240, towards 1.4340 peak. Initial intraday support lies at 1.4215.

Resistance Support
intraday intraweek intraday intraweek
1.4240 1.4340 1.4215 1.3910
1.4340 1.4340 1.4145 1.3710

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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