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


    EUR/USD

    Current level – 10720

    The bias is positive after yesterday’s break through 1.0675 resistance and initial intraday support lies at 1.0700. Minor resistance is projected at 1.0775, followed by 1.0828.

    Profit-taking affects gold curbing silver and platinum

    Resistance Support
    intraday intraweek intraday intraweek
    1.0775 1.0828 1.0700 1.0600
    1.0828 1.0904 1.0600 1.0490

    USD/JPY

    Current level – 108.71

    The corrective pattern above 108.10 should extend further towards 109.40 and even 110.10 major hurdle.

    Resistance Support
    intraday intraweek intraday intraweek
    109.40 113.50 107.80 107.80
    110.10 115.65 107.80 105.80

    GBP/USD

    Current level – 1.2819

    The break through 1.2600 resistance unleashed a fast uptrend, all the way up to 1.2904 high. The intraday bias is bearish, for a corrective pullback towards 1.2770, en route to 1.2705 zone. 

    Resistance Support
    intraday intraweek intraday intraweek
    1.2904 1.3000 1.2770 1.2610
    1.3000 1.3500 1.2705 1.2510

    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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