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Forex Technical Analysis


EUR/USD

Current level – 10691

Yesterday’s rebound above 1.0640 signals a reversal of th slide form 1.0828 peak and my outlook is already bullish, for a rise towards the mentioned high. Crucial support is still projected at 1.0620.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0700 1.0870 1.0670 1.0620
1.0828 1.0870 1.0620 1.0350

USD/JPY

Current level – 112.33

The rebound above 111.57 low should be considered corrective, preceding a slide towards 109.80 area. Crucial on the upside is 113.50 high.

Resistance Support
intraday intraweek intraday intraweek
112.50 118.65 111.40 111.40
113.50 120.00 110.50 109.80

GBP/USD

Current level – 1.2557

The bias is positive, for a rise towards 1.2610, en route to 1.2705 peak. Crucial on the downside is 1.2495.

Resistance Support
intraday intraweek intraday intraweek
1.2535 1.2780 1.2420 1.2230
1.2610 1.2780 1.2240 1.1984

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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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