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Forex Technical Analysis


EUR/USD

Current level – 10779

Yesterday’s pullback to 1.0740 support zone was corrective and the outlook here remains bullish, for a rise towards 1.0870 area. 

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0870 1.0870 1.0770 1.0620
1.0870 1.0870 1.0740 1.0350

USD/JPY

Current level – 112.82

The bias is negative after yesterday’s failure below 114.00 resistance, for a slide towards 111.40 area. Crucial on the upside is still 114.00.

Resistance Support
intraday intraweek intraday intraweek
113.00 118.65 112.00 111.40
114.00 120.00 111.40 111.40

GBP/USD

Current level – 1.2662

The uptrend is intact, heading towards 1.2770 resistance area. Crucial on the downside is 1.2608 low.

Resistance Support
intraday intraweek intraday intraweek
1.2670 1.2780 1.2608 1.2230
1.2780 1.2780 1.2515 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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