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


EUR/USD

Current level – 1.1130

The bias is bearish below 1.1140, for a break through 1.1108 low, towards 1.1020. Crucial on the lower frames is 1.1164.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.1140 1.1360 1.1108 1.1020
1.1210 1.1610 1.1020 1.0838

USD/JPY

Current level – 111.25

The slide from 111.80 is still intact despite its corrective nature and the outlook is bearish below 111.40, for a slide towards 110.90 and even 110.30.

Resistance Support
intraday intraweek intraday intraweek
111.40 112.10 110.90 109.08
112.10 114.30 110.30 108.12

GBP/USD

Current level – 1.2629

My outlook remains bearish below 1.2640 minor resistance, for a slide towards 1.2480 area. Crucial on the upside is 1.2700 area.

Resistance Support
intraday intraweek intraday intraweek
1.2640 1.2970 1.2600 1.2480
1.2825 1.3050 1.2480 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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