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

    EUR/USD

    Current level – 1.1355

    The recent slide to 1.1230 was corrective, preceding an advance towards 1.1400 area. On the senior frames, the whole rise after 1.1230 is corrective, so expect a reversal around 1.1400 to trigger a sell-off towards 1.1214 low.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1350 1.1630 1.1320 1.1214
    1.1400 1.1820 1.1275 1.1100

    USD/JPY

    Current level – 110.71

    My outlook is counter-trend, for a reversal and another attempt at 110.20 support.

    Resistance Support
    intraday intraweek intraday intraweek
    110.80 111.45 110.20 106.70
    111.45 114.50 109.10 104.60

    GBP/USD

    Current level – 1.3067

    The bias remains positive above 1.3000 area, for a rise towards 1.3212 resistance.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3150 1.3210 1.3000 1.2800
    1.3210 1.3290 1.2845 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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