Market Analysis

Daily Technical Analysis

26.05.2016

EUR/USD


Daily Technical Analysis on EUR/USD

May 26, 2016
Current level - 1.1178

Current rebound above 1.1130 lows is still corrective in nature and is capped at 1.1190 resistance hurdle. Crucial on the upside is 1.1245 and only a violation of the later will signal a reversal of the whole slide from 1.1615 high.

resistance
intraday intraweek
1.1190 1.1370
1.1245 1.1140
support
intraday intraweek
1.1130 1.1050
1.1050 1.0820

USD/JPY


Daily Technical Analysis on USD/JPY

Current level - 109.75

The intraday outlook is already bearish after the recent reversal at 110.45 and the bias is negative below 109.85, for a slide towards 109.10 support area.
resistance
intraday intraweek
109.85 111.00
110.66 111.90
support
intraday intraweek
109.10 108.22
108.25 105.40

GBP/USD


Daily Technical Analysis on GBP/USD

Current level - 1.4710

The overall bias remains bullish above 1.4650 support zone, for a tight test of 1.4780 resistance hurdle. Crucial on the downside is 1.4540.

resistance
intraday intraweek
1.4780 1.4780
1.4780 1.5000
support
intraday intraweek
1.4650 1.4300
1.4540
1.4090

EUGERMANY30


Daily Technical Analysis on EUGERMANY30

Current level - 10198

The uptrend here is still intact, heading towards 10350 resistance area. Initial intraday support lies at 10130, followed by the major hurdle at 9970.

resistance
intraday intraweek
10250 10630
10350 10870
support
intraday intraweek
10130 9730
9970
9400

US30


Daily Technical Analysis on US30

Current level - 17846

Yesterday's rise broke through 17760 resistance and the index is ready for a test of 17930 hurdle. Initial intraday support lies at 17800, followed by the major one at 17570.


resistance
intraday intraweek
17930 18095
17830 18180
support
intraday intraweek
17800 17380
17570
17280

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.