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

    EUR/USD

    Current level – 1.1718

    Friday’s rise peaked at 1.1750  resistance and the outlook remains positive above 1.1670 static support, for another leg upwards, to 1.1790 and even 1.1830.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1750 1.1750 1.1670 1.1510
    1.1790 1.1830 1.1570 1.1300

    USD/JPY

    Current level – 111.09

    The massive sell-off broke through 111.40 support, reaching a temporary low at 110.70. The bias remains bearish below 111.40, for 110.25.

    Resistance Support
    intraday intraweek intraday intraweek
    111.40 114.50 110.70 110.25
    112.10 114.50 110.25 109.30

    GBP/USD

    Current level – 1.3133

    The violation of 1.3080 crucial peak signals a positive bias, for a test of 1.3190.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3190 1.3460 1.3080 1.2960
    1.3360 1.3620 1.2960 1.2770

    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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