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


EUR/USD

Current level – 1.1606

The recent test of 1.1570 lows has failed, but the overall bias remains bearish, for a violation of the mentioned level, towards 1.1480.

Resistance Support
intraday intraweek intraday intraweek
1.1635 1.1840 1.1570 1.1480
1.1720 1.1940 1.1480 1.1300

USD/JPY

Current level – 113.95

There is a reversal at 114.70, but while 113.50 support remains intact, the outlook will be bullish, for a rise towards 115.50.

Resistance Support
intraday intraweek intraday intraweek
114.70 115.50 113.50 111.00
115.50 116.80 113.05 107.30

GBP/USD

Current level – 1.3165

The climb above 1.3130 resistance has neutralized the bearish intraday bias, but my outlook is rather counter-trend, for a reversal and return below 1.3130, en route to 1.3020.

Resistance Support
intraday intraweek intraday intraweek
1.3190 1.3220 1.3130 1.3020
1.3220 1.3340 1.3020 1.2760

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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