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

    EUR/USD

    Current level – 1.1657

    The bias is bearish, for a test of 1.1600 support zone and the latter should provide a reliable base for an upswing towards 1.1720.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1730 1.1730 1.1625 1.1510
    1.1830 1.1830 1.1600 1.1300

    USD/JPY

    Current level – 109.85

    My outlook is bearish, for a break through 109.80, towards 108.60. Initial intraday resistance  lies at 110.20.

    Resistance Support
    intraday intraweek intraday intraweek
    110.20 111.40 109.20 107.80
    110.80 114.40 108.60 106.70

    GBP/USD

    Current level – 1.3225

    Intraday allow a dip to 1.3150, followed by a rise towards 1.3350. The latter should mark the final leg of the consolidation above 1.3100.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3290 1.3618 1.3215 1.3040
    1.3460 1.3990 1.3150 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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