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Forex Technical Analysis


Current level – 10772

The pair is currently testing the previous peak at 1.0780 and a failure here will result in an intraday slide towards 1.0710 support zone. The overall bias on the senior frames remains positive above 1.0600, for a rise towards 1.0870.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0780 1.0870 1.0712 1.0600
1.0870 1.0945 1.0600 1.0490


Current level – 112.52

The bias is negative below 112.90, for a slide towards 111.60. Crucial on the upside is 113.50 hurdle

Resistance Support
intraday intraweek intraday intraweek
112.90 115.65 111.60 111.60
114.50 118.65 111.60 110.30


Current level – 1.2430

Despite the positive bias, my outlook here is rather negative, for a break through 1.2376 crucial low, towards 1.2300 and even 1.2250 support zone. 

Resistance Support
intraday intraweek intraday intraweek
1.275 1.2570 1.2376 1.2107
1.2570 1.2570 1.2250 1.1984

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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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