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


EUR/USD

Current level – 1.1790

My outlook remains bearish, for a slide towards 1.1720 area, en route to 1.1660 lows. Initial resistance lies at 1.1780.

Resistance Support
intraday intraweek intraday intraweek
1.1780 1.1940 1.1720 1.1660
1.1880 1.2030 1.1660 1.1480

USD/JPY

Current level – 112.17

After the recent reversal at 111.60 my outlook is already bullish, for a break through 112.60, towards 113.40.

Resistance Support
intraday intraweek intraday intraweek
112.60 114.50 111.50 111.00
113.40 114.50 111.00 107.30

GBP/USD

Current level – 1.3274

Despite the intraday risk of one more short-lived spike to 1.3340, the overall bias is bearish, for a break through 1.3220, towards 1.3120, en route to 1.3000 area.

Resistance Support
intraday intraweek intraday intraweek
1.3340 1.3340 1.3220 1.2910
1.3460 1.3650 1.3120 1.2760

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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