EUR/USD

Current level – 1.1087

After the break of the support at the 1.1100-10 zone expectations are for a move to the downside and a test of 1.1060. The previous support at 1.1110 should now act as the first resistance and if the pair breaks it, a test of the levels around 1.1160 can be expected.

Resistance Support
intraday intraweek intraday intraweek
1.1160 1.1250 1.1105 1.1020
1.1221 1.1300 1.1066 1.0960

USD/JPY

Current level – 105.81

- advertisement -

The pair did not manage to stay above the resistance at 106.21. This should pressure the dollar and lead the USD/JPY towards a test of the support at 105.18. A break of this support will open the door for a test of 104.50

Resistance Support
intraday intraweek intraday intraweek
106.25 107.50 105.18 104.55
106.76 108.50 104.55 104.00

GBP/USD

Current level – 1.2273

Expectations here are for a rise of the pound against the dollar and a test of the first important resistance at 1.2400. Key support is the 1.2183 – 1.2200 zone.

Resistance Support
intraday intraweek intraday intraweek
1.2280 1.2450 1.2206 1.2014
1.2380 1.2520 1.2100 1.1900

Previous articleGBP/JPY Daily Outlook
Next articleOil Prices Rise As US Inventories Mark Unexpected Drop
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.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.