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

EUR/USD

Current level – 1.1632

The bias has switched to positive with yesterday’s break through 1.1600, confirming a failure at 1.1510. The intraday outlook is positive above 1.1600, for a rise  towards 1.1720.

Resistance Support
intraday intraweek intraday intraweek
1.1650 1.1720 1.1600 1.1480
1.1720 1.1830 1.1510 1.1300

USD/JPY

Current level – 109.98

The return below 110.30 has neutralized the bullish bias and the intraday outlook is neutral. Initial resistance lies at 110.30 and key support is projected at 109.50.

Resistance Support
intraday intraweek intraday intraweek
110.30 111.40 109.80 107.80
110.80 114.40 109.20 106.70

GBP/USD

Current level – 1.3271

The violation of 1.3215 signals, that a bottom is in place at 1.3100 and the bias is positive above 1.3215, for a break through 1.3300, towards 1.3460.

Resistance Support
intraday intraweek intraday intraweek
1.3300 1.3618 1.3215 1.3040
1.3460 1.3990 1.3100 1.3040

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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