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

    EUR/USD

    Current level – 1.1275

    The failure at 1.1350 and the return below 1.1300 static support shows a negative outlook, for a test of 1.1214. A break through November’s low will signal a completion of the prolonged consolidation and will challenge 1.1020 area.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1300 1.1630 1.1250 1.1214
    1.1400 1.1820 1.1214 1.1100

    USD/JPY

    Current level – 111.03

    Still positive, for a tight test of 111.45 and an eventual break will allow a climb towards 112.10. Initial support lies at 110.70 and crucial on the downside is 110.20.

    Resistance Support
    intraday intraweek intraday intraweek
    111.45 111.45 110.70 106.70
    112.10 114.50 110.20 104.60

    GBP/USD

    Current level – 1.2863

    The sharp pullback after 1.2950 spike shows a bearish bias, for a break through 1.2800, towards 1.2700 zone.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2930 1.3290 1.2800 1.2800
    1.3000 1.3480 1.2700 1.2610

    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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