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

    EUR/USD

    Current level – 1.1341

    We expect the pair to make another attempt to test 1.1260. Breaking this level will open its way toward the next important support at 1.1214. Initial support in case of an opposite movement is 1.1320.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1360 1.1500 1.1320 1.1200
    1.1420 1.1620 1.1260 1.0850

    USD/JPY

    Current level – 112.70

    The pair moves toward a test of the the 112.27 support. Breaking below this level will lead to more weakness to the pair and test of the 111.33 level.

    Resistance Support
    intraday intraweek intraday intraweek
    114.00 114.50 113.10 112.30
    114.20 116.20 112.60 111.60

    GBP/USD

    Current level – 1.2724

    The political tensions around the Brexit deal weigh on the pound. The break down of the 1.2730 level clears the way to continue the down move to 1.2200  To witness an alternative scenario the pair must break the key resistance at 1.2860 and afterwards 1.3300.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2860 1.3250 1.2720 1.2660
    1.2920 1.3440 1.2660 1.2340

    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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