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

    EUR/USD

    Current level – 1.1348

    As the pair approaches 1.1330 support, my outlook is already counter-trend against 1.1290 low, for a reversal and another corrective leg towards 1.1450.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1390 1.1630 1.1330 1.1214
    1.1440 1.1820 1.1290 1.1100

    USD/JPY

    Current level – 109.96

    The failure at 109.60 signals a completion of the consolidation phase below 110.20 and the outlook is positive, for a new leg upwards, to 111.45.

    Resistance Support
    intraday intraweek intraday intraweek
    110.20 111.45 109.60 106.70
    111.45 112.20 109.10 104.60

    GBP/USD

    Current level – 1.2902

    The downtrend is intact, heading towards 1.2800 area. Crucial on the upside is 1.2980 peak.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2930 1.3290 1.2800 1.2800
    1.3000 1.3480 1.2800 1.2610

    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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