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

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

EUR/USD

Current level – 1.1853

The downtrend remains intact and the rebound after 1.1820 should be considered corrective, preceding a dip to 1.1720. Initial intraday resistance lies at 1.1900, followed by 1.1938, but crucial on the upside is 1.2000.

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

USD/JPY

Current level – 109.81

My outlook is counter-trend against 110.00 high, for a reversal and attack of 109.44 support zone.

Resistance Support
intraday intraweek intraday intraweek
110.00 110.20 109.44 107.90
110.20 111.90 108.50 104.60

GBP/USD

Current level – 1.3562

Current rebound above 1.3480 should be considered corrective and although there is a risk of an intraday spike to 1.3660 resistance, the overall bias remains bearish, for a slide towards 1.3300.

Resistance Support
intraday intraweek intraday intraweek
1.3660 1.3990 1.3500 1.3460
1.3710 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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