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Forex Technical Analysis


EUR/USD

Current level – 10801

My outlook here remains positive above 1.0780 support area, for a break through 1.0940 and continuation of the upmove towards 1.0940 target mark. Crucial on the downside is 1.0712.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek

1.0828

1.0870

1.0712

1.0600

1.0870

1.0945

1.0600

1.0490

USD/JPY

Current level – 111.20

The rebound after 110.72 low should be considered corrective, preceding another leg downwards, to 109.75. Key resistance lies at 112.26.

Resistance Support
intraday intraweek intraday intraweek

112.26

113.50

110.72

109.75

112.90

115.65

109.75

107.80

GBP/USD

Current level – 1.2505

The uptrend has been renewed after the failure at 1.2425 support and the bias is positive, for a rise towards 1.2570 area. 

Resistance Support
intraday intraweek intraday intraweek

1.2570

1.2570

1.2425

1.2107

1.2570

1.2705

1.2335

1.1984

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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