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

EUR/USD

Current level – 1.1688

I favor a break through 1.1730  resistance to allow a rise towards 1.1830 zone. Initial minor support lies at 1.1680 and crucial on the downside is 1.1630.

Resistance Support
intraday intraweek intraday intraweek
1.1730 1.1730 1.1680 1.1510
1.1830 1.1830 1.1600 1.1300

USD/JPY

Current level – 110.63

A reversal has been confirmed at yesterday’s peak at 111.13 and the bias is bearish, for a slide towards 109.40 area.

Resistance Support
intraday intraweek intraday intraweek
110.75 111.40 110.40 107.80
111.40 114.40 109.40 106.70

GBP/USD

Current level – 1.3241

I expect the upmove to continue towards 1.3310 area, as intraday support is projected at 1.3215 and crucial on the downside is 1.3170 low.

Resistance Support
intraday intraweek intraday intraweek
1.3310 1.3618 1.3215 1.3040
1.3310 1.3990 1.3100 1.2770

DeltaStock Inc.
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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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