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


    EUR/USD

    Current level – 10901

    The recent break through 1.0920 led to s dip to 1.0854, but it wasn’t enough to initiate a more substantial downswing, so the outlook on the senior frames is still positive, with a risk of a rise towards 1.1010 area. Initial intraday resistance lies at 1.0920 and key support is projected at 1.0826.

    Profit-taking affects gold curbing silver and platinum

    Resistance Support
    intraday intraweek intraday intraweek
    1.0920 1.0950 1.0826 1.0780
    1.0950 1.1010 1.0780 1.0676

    USD/JPY

    Current level – 111.23

    A minor reversal at yesterday’s peak at 111.75 signals a negative bias, for a slide towards 110.50 support zone.

    Resistance Support
    intraday intraweek intraday intraweek
    111.75 112.26 110.50 109.40
    112.26 113.50 109.40 108.12

    GBP/USD

    Current level – 1.2867

    The intraday outlook is positive and a break through 1.2904 high will target 1.3000 sentiment area. Crucial support lies at 1.2803 low.

    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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