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

EUR/USD

Current level – 1.1590

The pair failed to break through 1.1640 hurdle and currently the bias is neutral, within the 1.1570-1640 range. My outlook is rather bearish below 1.1640, for a slide towards 1.1509.

Resistance Support
intraday intraweek intraday intraweek
1.1640 1.1750 1.1570 1.1510
1.1750 1.1830 1.1510 1.1300

USD/JPY

Current level – 111.12

I favor a break through 111.50 key level, towards 112.80 zone.

Resistance Support
intraday intraweek intraday intraweek
111.50 114.50 110.25 110.25
113.20 114.50 110.25 109.30

GBP/USD

Current level – 1.2873

The general bias remains bearish, for a renewal of the downtrend towards 1.2770. Intraday there is a risk of another upswing to 1.2980 minor resistance.

Resistance Support
intraday intraweek intraday intraweek
1.2980 1.3210 1.2920 1.2960
1.3060 1.3460 1.2840 1.2770

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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