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

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

EUR/USD

Current level – 1.1758

The recent rise to 1.1830 should be considered corrective and my outlook is bearish, for a slide towards 1.1680, en route to 1.1570 area.

Resistance Support
intraday intraweek intraday intraweek
1.1820 1.2000 1.1680 1.1680
1.1890 1.2160 1.1480 1.1480

USD/JPY

Current level – 110.34

The intraday bias is bearish below 110.70, for a tight test of 110.00 area. The latter should provoke a rebound towards 110.70.

Resistance Support
intraday intraweek intraday intraweek
110.70 111.90 110.00 110.00
111.90 114.40 109.15 108.50

GBP/USD

Current level – 1.3400

Yesterday’s rebound to 1.3490 was simply a corrective one and the overall bias remains bearish, for a slide towards 1.3300 area.

Resistance Support
intraday intraweek intraday intraweek
1.3460 1.3990 1.3390 1.3310
1.3570 1.4100 1.3310 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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