Tue, Dec 06, 2022 @ 11:29 GMT
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Forex Technical Analysis


EUR/USD

Current level – 10685

The intraday bias remains bearish, as the pair is currently testing the dynamic support around current levels. Crucial on the upside is 1.0750 and only a break through the latter will reinstate the positive outlook for 1.0870.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek

1.0750

1.0870

1.0690

1.0620

1.0870

1.0870

1.0620

1.0350

USD/JPY

Current level – 111.98

The bias remains negative, for a break through 111.40 major support, towards 109.80 area. Crucial on the upside is 113.00 zone.

Resistance Support
intraday intraweek intraday intraweek

113.00

118.65

111.40

111.40

114.00

120.00

110.50

109.80

GBP/USD

Current level – 1.2435

There is no sign of a reversal here and and eventual break through 1.2415 support could challenge 1.2240 area. Crucial on the upside is 1.2535 high.

Resistance Support
intraday intraweek intraday intraweek

1.2535

1.2780

1.2415

1.2230

1.2610

1.2780

1.2240

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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