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

    EUR/USD

    Current level – 1.1195

    While 1.1175 low holds, there will be a chance for one more upswing, towards 1.1330 area. A clear break through the monthly low will trigger directly 1.1020 area. Crucial on the upside is 1.1240 resistance.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1240 1.1570 1.1175 1.1175
    1.1330 1.1830 1.1175 1.0860

    USD/JPY

    Current level – 111.37

    The uptrend remains intact, well supported at 111.20. Next major resistance lies at 112.15 and crucial on the downside is 110.80 low.

    Resistance Support
    intraday intraweek intraday intraweek
    111.50 113.00 111.20 108.90
    112.15 114.50 110.50 107.40

    GBP/USD

    Current level – 1.3039

    Yesterday’s test of 1.3150 failed as well and the pair is set for another dip to 1.2960. An eventual break through the mentioned support will challenge 1.2820 area.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3150 1.3450 1.2960 1.2820
    1.3300 1.3450 1.2820 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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