EUR/USD Current level - 1.1205

The downtrend is intact and a break through 1.1170 will challenge 1.1110 low. Crucial on the upside is 1.1240.

Forex Technical Analysis on EUR/USD

intraday intraweek
1.1240 1.1330
1.1275 1.1450
intraday intraweek
1.1170 1.1010
1.1110 1.0860


USD/JPY Current level - 109.67

The support at 109.40 guards the positive intraday bias, for a bounce towards 110.30. The outlook on the senior frames remains neutral.

Forex Technical Analysis on USD/JPY

intraday intraweek
110.30 113.20
111.65 114.50
intraday intraweek
109.40 108.50
108.50 107.40


GBP/USD Current level - 1.2902

The bias is bearish, for a test of 1.2860 low and the latter should provide a reliable base for one more upswing, to 1.3050.

Forex Technical Analysis on GBP/USD

intraday intraweek
1.2960 1.3340
1.3050 1.3450
intraday intraweek
1.2860 1.2860
1.2810 1.2610

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, Deltastock’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. Deltastock 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. Deltastock 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Deltastock AD is fully licensed and regulated under MiFID. The company is regulated and authorised by the Financial Supervision Commission (FSC), Bulgaria, Reg. No. RG-03-01

Analysis feed

Latest Forex Analysis

Editors’ Picks

Dollar ticks higher as most Fed officials see cuts as a mid-cycle adjustment

The Minutes of the latest Federal Reserve meeting are out, giving the greenback a modest lift against most major rivals. Policymakers concerned about the efficacy of QE. EUR/USD trading below 1.1100.


GBP/USD: Struggles between 10/21-DMA amid bullish MACD

Despite reversing from the 21-day simple moving average (DMA), GBP/USD remains above 10-DMA as it trades near 1.2134 during Asian session on Thursday. Supporting the pair’s upside is a bullish signal by 12-bar MACD.


USD/JPY weaker near 106.50, focus on T-yields ahead of Powell

USD/JPY trades weaker near the 106.50 level, tracking the negative S&P 500 futures and a cautious sentiment on the Asian equities, as attention shifts from the FOMC minutes to the Fed's Powell speech for fresh direction. 


The Fed Minutes are Out, but Does It Matter?

The FOMC July 31st Minutes were released earlier today and the collective market seems to think the minutes are less dovish than expected! Gold was volatile right before the release.

Read more

Gold: Trapped in a symmetrical triangle

Gold is trapped in a narrowing price or a symmetrical triangle pattern, according to the 4-hour chart. The yellow metal rose to a six-year high of $1,353 per Oz on Aug. 13 and has charted lower highs and higher lows ever since.

Gold News