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Forex Technical Analysis


Current level – 10757

The intraday outlook is negative below 1.0800 area, for a slide towards 1.0620 lows.

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


Current level – 113.06

My outlook here is positive after yesterday’s dip to 112.00, for a rise towards 114.00 key hurdle.

Resistance Support
intraday intraweek intraday intraweek
114.00 118.65 112.00 111.40
115.65 120.00 111.40 111.40


Current level – 1.2520

A reversal has been confirmed at 1.2705 and the bias is negative, for a slide towards 1.2415. Key intraday resistance lies at 1.2610.

Resistance Support
intraday intraweek intraday intraweek
1.2610 1.2780 1.2515 1.2230
1.2705 1.2780 1.2415 1.1984

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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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