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


EUR/USD

Current level – 1.1126

Yesterday’s test of 1.1190 has failed an the downtrend has been renewed, reaching a new low at 1.1110. The outlook remains bearish below 1.1160, for a slide towards 1.1020. Minor intraday support lies at 1.1080 and crucial on the upside is 1.1190.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek

1.1160

1.1300

1.1080

1.1022

1.1190

1.1300

1.1020

1.0838

USD/JPY

Current level – 110.84

The intraday bias is negative below 111.50, for a test of 110.20 lows. An eventual break through 111.50 key hurdle will challenge 113.00 area. 

Resistance Support
intraday intraweek intraday intraweek

111.50

114.30

110.20

109.40

112.00

115.60

110.20

108.12

GBP/USD

Current level – 1.2817

The corrective pattern above 1.2775 is still underway and there is a risk of bouncing higher, through 1.2850, towards 1.2910-30 resistance area. 

Resistance Support
intraday intraweek intraday intraweek

1.2850

1.3120

1.2770

1.2770

1.2930

1.3500

1.2705

1.2610

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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