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

    EUR/USD

    Current level – 1.1447

    Intraday, I expect 1.1470 minor resistance to initiate a slide for 1.1390 support.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1570 1.1630 1.1450 1.1214
    1.1630 1.1820 1.1390 1.1100

    USD/JPY

    Current level – 108.89

    The resistance at 109.10 should cap the upside, for the next leg downwards, to 107.70. Crucial on the upside is 109.75 high.

    Resistance Support
    intraday intraweek intraday intraweek
    109.10 111.45 108.70 106.70
    110.20 112.20 107.70 104.60

    GBP/USD

    Current level – 1.3099

    I still favor a dip to 1.3000 area and while the whole pattern below 1.3210 remains corrective, the outlook on the senior frames will be positive, for a rise towards 1.3290.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3135 1.3290 1.3000 1.3000
    1.3290 1.3480 1.2930 1.2800

    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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