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

    EUR/USD

    Current level – 1.1303

    My outlook on the lower frames is rather positive, for a rise towards 1.1350, with a risk of a climb to 1.1400 area.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1350 1.1630 1.1214 1.1214
    1.1400 1.1820 1.1214 1.1100

    USD/JPY

    Current level – 110.53

    The outlook is bearish below 110.80, for a violation of 110.20 support, en route to 109.10.

    Resistance Support
    intraday intraweek intraday intraweek
    110.80 111.45 110.20 106.70
    111.45 114.50 109.10 104.60

    GBP/USD

    Current level – 1.2900

    The minor reversal at 1.2760 signals a positive bias, for a test of 1.3000 resistance  zone. Key support is projected at 1.2845.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2930 1.3000 1.2845 1.2800
    1.3000 1.3290 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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