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

    EUR/USD

    Current level – 1.1404

    The hurdle at 1.1420 is expected to limit the upside, for another wave downwards, to 1.1260. Initial minor support lies at 1.1380.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1420 1.1500 1.1380 1.1214
    1.1500 1.1630 1.1310 1.1100

    USD/JPY

    Current level – 107.87

    The intraday bias is slightly bearish after 108.45 peak, for a slide towards 106.70. Key resistance  remains projected at 108.70.

    Resistance Support
    intraday intraweek intraday intraweek
    108.70 111.45 106.70 106.70
    110.20 112.20 104.60 104.60

    GBP/USD

    Current level – 1.2650

    Intraday allow a brief test of 1.2710 resistance, before reversal and drowning towards 1.2540 area. Initial minor support lies at 1.2615.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2710 1.2885 1.2615 1.2420
    1.2820 1.3250 1.2540 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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