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


    EUR/USD

    Current level – 1.1222

    Yesterday’s failure at 1.1300 resistance signals a bearish bias, for a break through 1.1185, towards 1.1108 low.

    Profit-taking affects gold curbing silver and platinum

    Resistance Support
    intraday intraweek intraday intraweek
    1.1260 1.1360 1.1185 1.1022
    1.1300 1.1610 1.1109 1.0838

    USD/JPY

    Current level – 109.56

    The recent slide to 108.80 should be considered a finale of the whole slide since 114.37 and my outlook is bullish, for a break through 110.35, towards 112.10.

    Resistance Support
    intraday intraweek intraday intraweek
    109.80 112.10 109.20 109.08
    110.40 114.30 108.80 108.12

    GBP/USD

    Current level – 1.2746

    The bias here is negative after the recent failure below 1.2830, for a break through 1.2720, towards 1.2610.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2830 1.2970 1.2720 1.2610
    1.2880 1.3050 1.2610 1.2480

    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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