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

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

EUR/USD

Current level – 1.1930

The overall bias remains bearish, for a slide towards 1.1840, en route to 1.1720. Initial resistance lies at 1.2000 and crucial on the upside is 1.2060.

Resistance Support
intraday intraweek intraday intraweek
1.2060 1.2300 1.1900 1.1840
1.2160 1.2413 1.1840 1.1720

USD/JPY

Current level – 108.89

My outlook is negative after the recent failure at 109.50, for a break through 108.50, towards 107.90.

Resistance Support
intraday intraweek intraday intraweek
109.50 110.20 108.50 107.90
110.20 111.90 107.90 104.60

GBP/USD

Current level – 1.3580

Current rebound above 1.3480 is corrective, so a break through 1.3512 low will signal a renewal of the whole downtrend, towards 1.3460 and 1.3310.

Resistance Support
intraday intraweek intraday intraweek
1.3660 1.3990 1.3512 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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