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Forex Technical Analysis


Current level – 10772

The outlook remains positive, for a break through 1.0828, towards 1.0940 resistance mark. Crucial on the downside is 1.0712 low.

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


Current level – 111.27

The rebound above 110.70 is corrective and the overall outlook remains bearish, for a slide towards 109.75 target area. 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


Current level – 1.2487

The overall outlook is bullish, for a tight test of 1.2570 and even 1.2620. Initial support lies at 1.2425 and crucial on the senior frames is 1.2335

Resistance Support
intraday intraweek intraday intraweek
1.2570 1.2570 1.2425 1.2107
1.2620 1.2705 1.2335 1.1984

DeltaStock Inc.
DeltaStock Inc.
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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