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

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

EUR/USD

Current level – 1.2002

The rebound above 1.2060 has been a short-lived one and the  resistance at 1.2160 managed to cap the upside, so the bias remains bearish, for a slide towards 1.1920.

Resistance Support
intraday intraweek intraday intraweek
1.2060 1.2300 1.1920 1.1920
1.2160 1.2413 1.1840 1.1720

USD/JPY

Current level – 109.76

The uptrend has been renewed with the climb above 109.50, for a test of 110.20-30 area. Crucial on the downside is 109.00 low.

Resistance Support
intraday intraweek intraday intraweek
110.20 110.20 109.50 106.60
111.30 111.90 108.50 104.60

GBP/USD

Current level – 1.3604

The bias remains bearish after the break through 1.3710 and next major support is projected at 1.3460. Key resistance lies at 1.3710 and crucial on the upside is 1.3790.

Resistance Support
intraday intraweek intraday intraweek
1.3710 1.3990 1.3600 1.3460
1.3790 1.4100 1.3460 1.3310

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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