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Forex Technical Analysis


EUR/USD

Current level – 10750

The intraday outlook is bearish below 1.0800 minor resistance, for another dip to 1.0690 before bouncing higher towards 1.0870 hurdle.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek

1.0800

1.0870

1.0690

1.0620

1.0870

1.0870

1.0620

1.0350

USD/JPY

Current level – 112.68

My outlook here is negative, for a break through 112.00 area, towards 111.40, en route to 109.80 zone. Key resistance lies at 113.50.

Resistance Support
intraday intraweek intraday intraweek

113.50

118.65

112.00

111.40

114.00

120.00

111.40

111.40

GBP/USD

Current level – 1.2478

The downtrend is intact, for a tight test of 1.2415 support area, before reversal and rise towards 1.2610 zone. Crucial intraday resistance lies at 1.2535.

Resistance Support
intraday intraweek intraday intraweek

1.2535

1.2780

1.2415

1.2230

1.2610

1.2780

1.2415

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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