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Forex Technical Analysis


EUR/USD

Current level – 10860

My outlook remains bullish, for a rise towards 1.0940 area. Initial intraday support lies at 1.0828 and crucial on the downside is 1.0760 low.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0870 1.0940 1.0828 1.0712
1.0940 1.1010 1.0760 1.0600

USD/JPY

Current level – 110.16

110.75 and crucial on the upside is 111.45 area.

Resistance Support
intraday intraweek intraday intraweek
110.75 113.50 109.75 109.75
111.45 115.65 108.50 107.80

GBP/USD

Current level – 1.2545

The uptrend here is intact, heading towards 1.2570, en route to 1.2620 resistance zone. Crucial on the downside is 1.2470 low.

Resistance Support
intraday intraweek intraday intraweek
1.2570 1.2570 1.2470 1.2107
1.2620 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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