EUR/USD

Current level – 1.1630

The failure at 1.1530 led to a new upswing, which is currently struggling below 1.1650 resistance. It is unclear if the general uptrend for 1.1830 is renewed or the consolidation pattern below 1.1740 is still underway. The hurdle at 1.1650 is not a  crucial one i that regard.

Resistance Support
intraday intraweek intraday intraweek
1.1600 1.1730 1.1530 1.1300
1.1640 1.1840 1.1485 1.1100

USD/JPY

Current level – 111.47

- advertisement -

The outlook remains positive above 110.70, for a rise towards 111.80.

Resistance Support
intraday intraweek intraday intraweek
111.80 114.50 111.15 109.30
112.50 114.50 109.70 109.30

GBP/USD

Current level – 1.3055

The reversal above 1.2870 signals a finale of the consolidation pattern below 1.3040 and the bias is positive, for a rise towards 1.3250.

Resistance Support
intraday intraweek intraday intraweek
1.3120 1.3120 1.3000 1.2570
1.3250 1.3250 1.2870 1.2570

Previous articleEUR/USD Anaysis: Passes SMAs
Next articleNo Hope For Gold? | Iran And Oil Supply Under Focus
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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.