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

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

EUR/USD

Current level – 1.2131

The reversal at 1.2060 signals a completion of the slide from 1.2210 and the bias is positive, for a test of the major hurdle at 1.2160. Crucial is 1.2210 and only a violation of the latter will neutralize the whole slide since 1.2413 peak.

Resistance Support
intraday intraweek intraday intraweek
1.2160 1.2412 1.2090 1.2090
1.2300 1.2560 1.2050 1.1930

USD/JPY

Current level – 109.173

The reversal at 109.50 signals a bearish bias, for a slide towards 108.50, en route to 107.90. Crucial is 109.50 peak.

Resistance Support
intraday intraweek intraday intraweek
109.50 110.20 109.00 106.60
110.20 111.90 108.50 104.60

GBP/USD

Current level – 1.3776

The downtrend is intact, heading towards 1.3710 low. The latter would provoke a reversal, for a rebound towards 1.3890.

Resistance Support
intraday intraweek intraday intraweek
1.3800 1.3990 1.3750 1.3710
1.3890 1.4100 1.3710 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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