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

    EUR/USD

    Current level – 1.1207

    The bearish pressure has been lost with the failure at 1.1170 and intraday there is a risk of another attempt towards 1.1270 resistance area.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1240 1.1330 1.1170 1.1010
    1.1275 1.1450 1.1110 1.0860

    USD/JPY

    Current level – 109.45

    The intraday bias is absolutely neutral. A violation of 109.70 hurdle will challenge 110.30 area.

    Resistance Support
    intraday intraweek intraday intraweek
    110.30 113.20 109.00 108.50
    111.65 114.50 108.50 107.40

    GBP/USD

    Current level – 1.2840

    The violation of 1.2860 low signals a completion of the consolidation phase and the bias is bearish, for a dive towards 1.2690. Initial resistance lies at 1.2890.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2890 1.3340 1.2810 1.2860
    1.3050 1.3450 1.2690 1.2690

    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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