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Forex Technical Analysis


EUR/USD

Current level – 10596

Yesterday’s rise after 1.0550 low has managed to reach a new peak below 1.0630 resistance and only a break through 1.0550 crucial level will signal, that a downtrend is on the run, towards 1.0450. 

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek

1.0630

1.0705

1.0550

1.0500

1.0630

1.0870

1.0450

1.0350

USD/JPY

Current level – 112.35

A minor reversal has been confirmed at 111.90, but a break through 112.90 is needed in order to signal a rise towards 114.95.

Resistance Support
intraday intraweek intraday intraweek

112.90

118.65

111.90

111.40

114.95

120.00

111.60

109.80

GBP/USD

Current level – 1.2422

The overall outlook remains bearish, for a break through 1.2380, towards 1.2240. Key resistance lies at 1.2505.

Resistance Support
intraday intraweek intraday intraweek

1.2505

1.2780

1.2380

1.2230

1.2570

1.2780

1.2240

1.1984

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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