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

EUR/USD

Current level – 1.1374

The downtrend is intact, heading towards 1.1300 support area. Minor intraday resistance  lies at 1.1420, followed by 1.1510 zone.

Resistance Support
intraday intraweek intraday intraweek
1.1420 1.1510 1.1360 1.1300
1.1510 1.1750 1.1300 1.1100

USD/JPY

Current level – 110.24

The violation of 110.40 support signals a further decline, towards 109.30 area. Crucial on the upside is 111.20 peak.

Resistance Support
intraday intraweek intraday intraweek
110.40 114.50 110.25 110.25
111.20 114.50 109.30 109.30

GBP/USD

Current level – 1.2760

My outlook remains bearish, for a slide towards 1.2570 area. Key resistance is projected at 1.2850.

Resistance Support
intraday intraweek intraday intraweek
1.2850 1.2970 1.2730 1.2570
1.2970 1.3210 1.2630 1.2570

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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