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

EUR/USD

Current level – 1.1400

The downtrend is intact below 1.1450 intraday resistance. heading for a test of 1.1310 crucial support.

Resistance Support
intraday intraweek intraday intraweek
1.1500 1.1630 1.1410 1.1214
1.1630 1.1820 1.1260 1.1100

USD/JPY

Current level – 108.62

The outlook remains neutral due to the lack of trend dynamics and only a break through 108.00 crucial support will signal a reversal of the upmove since 107.75 low.

Resistance Support
intraday intraweek intraday intraweek
109.10 111.45 108.00 106.70
109.10 112.20 106.70 104.60

GBP/USD

Current level – 1.2870

Yesterday’s volatility led to an intraday low at 1.2670 and currently a rebound is underway, heading for another test of 1.2930 peak. The latter is able to provoke a downswing for 1.2800 support area.

Resistance Support
intraday intraweek intraday intraweek
1.2930 1.3050 1.2800 1.2420
1.3050 1.3250 1.2710 1.2340

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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