Market Analysis

Daily Technical Analysis

24.02.2017

EUR/USD


Daily Technical Analysis on EUR/USD

February 24, 2017
Current level - 1.0592

The intraday bias is still positive, for a tight test below 1.0630 resistance area. The latter should cap the upside, for another downswing towards 1.0450. Crucial intraday low lies at 1.0535.
resistance
intraday intraweek
1.0602 1.0705
1.0630 1.0870
support
intraday intraweek
1.0535 1.0500
1.0450 1.0350

USD/JPY


Daily Technical Analysis on USD/JPY

Current level - 112.71

The outlook here is bearish, for a slide towards 111.60 zone. Initial intraday resistance lies at 113.00 and crucial on the upside is 113.30 high.

resistance
intraday intraweek
113.00 118.65
114.95 120.00
support
intraday intraweek
112.50 111.40
111.60 109.80

GBP/USD


Daily Technical Analysis on GBP/USD

Current level - 1.2553

The bias is positive above 1.2510 minor support, for a test of 1.2610 resistance area. The latter will initiate a slide towards 1.2380 major support.

resistance
intraday intraweek
1.2610 1.2780
1.2705 1.2780
support
intraday intraweek
1.2510 1.2230
1.2380
1.1984

EUGERMANY30


Daily Technical Analysis on EUGERMANY30

Current level - 11916

A reversal has been confirmed at 12036 and the intraday bias is negative, for a test of 11850-90 support area. Crucial on the upside is 11970. 

resistance
intraday intraweek
11970 12100
12100 12400
support
intraday intraweek
11890 11720
11850
11335

US30


Daily Technical Analysis on US30

Current level - 20787

The overall outlook remains bullish above 20750, for a rise towards 20900 zone. Crucial on the downside is 20680.

resistance
intraday intraweek
20840 20900
20900 21000
support
intraday intraweek
20750 20520
20680
20150

UK100


Daily Technical Analysis on UK100

Current level - 7258

The bias remains bearish, for a further slide towards 7225 minor support. Resistance lies at 7320, followed by 7350.

resistance
intraday intraweek
7320 7350
7350 7500
support
intraday intraweek
7225 6980
7140
6980

Disclaimer: The Content of these charts and analyses does not constitute any form of advice or recommendation by Delta Financial Markets to buy, sell (or refraining from making) any trade or investment. You may wish to seek independent advice before entering into transactions.

Delta Financial Markets shall not be held liable by you or any others for any decision made or action taken by you or others based upon reliance on or use of information or materials obtained or accessed through use of these technical analyses and charts. DF Markets 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. DF Markets shall not be liable for any special, indirect, incidental, or consequential damages.