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

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

EUR/USD

Current level – 1.1227

My outlook is positive, for a break through 1.1250 resistance, towards 1.1330 area. Intraday support lies at 1.1210, but only a slide through 1.1175 will signal a renewal of the general downtrend, towards 1.1015.

Resistance Support
intraday intraweek intraday intraweek
1.1250 1.1570 1.1175 1.1175
1.1330 1.1830 1.1175 1.0860

USD/JPY

Current level – 111.63

The uptrend is intact, supported at 111.15, heading towards 112.15 resistance.

Resistance Support
intraday intraweek intraday intraweek
112.15 113.00 111.15 108.90
112.15 114.50 110.50 107.40

GBP/USD

Current level – 1.3098

The intraday bias is slightly negative, with a risk of another test at 1.2960 support. Only a break through the crucial high at 1.3260 will signal a rise towards 1.3450.

Resistance Support
intraday intraweek intraday intraweek
1.3190 1.3450 1.3060 1.2820
1.3260 1.3450 1.2960 1.2610

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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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