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


EUR/USD

Current level – 1.1190

The recent rise from 1.1108 low signals a major reversal and the intraday bias here is positive, for a further appreciation towards 1.1267 peak, en route to 1.1300 area. 

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek

1.1267

1.1300

1.1160

1.1022

1.1300

1.1300

1.1108

1.0838

USD/JPY

Current level – 110.93

A break through the crucial 111.50 will initiate an uptrend towards 113.00 hurdle. Major support is projected at 110.20.

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 – 1.2818

Yesterday’s peak at 1.2890 shows a completion of the corrective rebound above 1.2770 and the downtrend is renewed, for a slide towards 1.2705 zone. Minor intraday resistance lies at 1.2840.

Resistance Support
intraday intraweek intraday intraweek

1.2840

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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