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

    EUR/USD

    Current level – 1.1143

    After breaking  the support of 1.1120 and reaching even 1.110, the currency pair  went  back up, showing that these levels are important for the future trend. Breaking through 1.110 again  would push the price down to the 1.0900 zone. Alternatively, a movement up to 1.1180 would show some positive trend for the euro. 

    Resistance Support
    intraday intraweek intraday intraweek
    1.1200 1.1280 1.1110 1.0930
    1.1280 1.1350 1.1050 1.0850

    USD/JPY

    Current level – 108.17

    The successful  break up of 108.35 level is keeping the positive trend and could  push the price higher to test the 109.10 zone. In the opposite direction now the support level is at 108.30.

    Resistance Support
    intraday intraweek intraday intraweek
    108.80 109.80 108.35 106.70
    109.00 112.40 107.20 104.50

    GBP/USD

    Current level – 1.2445

    Possible test of  the key support zone at 1.2429.  The  resistant level  is at 1.2519.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2520 1.2660 1.2380 1.2320
    1.2560 1.2890 1.2320 1.2110

    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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