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

    EUR/USD

    Current level – 1.1628

    The failure at 1.1730 signals another corrective leg within the prolonged consolidation pattern below 1.1750. Intraday allow a dip towards 1.1530 area.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1730 1.1730 1.1600 1.1300
    1.1840 1.1840 1.1530 1.1100

    USD/JPY

    Current level – 111.99

    The bias remains bullish, for a rise towards 112.60 area. Key support lies at 111.65.

    Resistance Support
    intraday intraweek intraday intraweek
    112.20 114.50 111.65 109.30
    112.50 114.50 109.70 109.30

    GBP/USD

    Current level – 1.3079

    The uptrend has ran out of steam with the recent peak at 1.3150 and there is s risk of a further decline towards 1.2960 area. The overall bias is still bullish, for 1.3250.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3150 1.3120 1.2960 1.2570
    1.3250 1.3250 1.2960 1.2570

    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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