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


    EUR/USD

    Current level – 1.1208

    My outlook remains bearish, for a slide towards 1.1108 low. A break through the latter will signal a deeper slide towards 1.1020 major support. Initial resistance lies at 1.1240.

    Profit-taking affects gold curbing silver and platinum

    Resistance Support
    intraday intraweek intraday intraweek
    1.1240 1.1360 1.1165 1.1022
    1.1300 1.1610 1.1109 1.0838

    USD/JPY

    Current level – 110.21

    There is a minor reversal at 110.80 and the slide form the mentioned peak could dive deeper, towards 109.10 low.

    Resistance Support
    intraday intraweek intraday intraweek
    110.80 112.10 109.70 109.08
    111.20 114.30 109.08 108.12

    GBP/USD

    Current level – 1.2758

    Intraday allow a brief test of 1.2830 resistance area, before another drowning towards 1.2610 zone.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2830 1.2970 1.2705 1.2610
    1.2870 1.3050 1.2610 1.2610

    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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