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


EUR/USD

Current level – 1.1192

The outlook here is negative below 1.1240 resistance, for a slide towards 1.1108 low. 

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 – 109.94

The intraday hurdle at 110.15 still caps the upside and the latter should provoke another slide towards 109.40 area. 

Resistance Support
intraday intraweek intraday intraweek
110.15 112.10 109.65 109.08
110.80 114.30 109.08 108.12

GBP/USD

Current level – 1.2655

The outlook is bearish, as the pair is struggling above 1.2610 major support area. A break through the latter will signal a dip to 1.2480. Initial intraday resistance lies at 1.2710.

Resistance Support
intraday intraweek intraday intraweek
1.2710 1.2970 1.2610 1.2610
1.2830 1.3050 1.2530 1.2480

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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