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    Forex Technical Analysis: EUR/USD, USD/JPY, GBP/USD

    EUR/USD

    Current level – 1.1832

    Current rebound after 1.1760 should be considered corrective, preceding another slide towards 1.1720, en route to 1.1480. Initial intraday resistance  lies at 1.1870.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1870 1.2060 1.1760 1.1720
    1.1910 1.2160 1.1720 1.1480

    USD/JPY

    Current level – 110.24

    My outlook remains bullish after the recent corrective pattern above 110.00, for a rise towards 111.00, en route to 111.90.

    Resistance Support
    intraday intraweek intraday intraweek
    111.00 111.90 110.00 108.50
    111.90 114.40 109.15 107.90

    GBP/USD

    Current level – 1.3558

    Despite the positive intraday bias, my outlook is bearish below 1.3615 crucial high, for  a renewal of the downtrend through 1.3160, towards 1.3300.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3615 1.3990 1.3450 1.3460
    1.3710 1.4100 1.3310 1.3310

    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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