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

    EUR/USD

    Current level – 1.1745

    FED’s third rate hike failed to provoke a break of the current consolidation range, but my outlook here is already bearish, for a violation of the lower boundary, towards 1.1650.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1835 1.1835 1.1730 1.1300
    1.1920 1.2010 1.1650 1.1100

    USD/JPY

    Current level – 112.68

    The failure at 113.20 signals a bearish bias, for a slide towards 112.40 and 111.65 later on. Crucial on the upside is 113.20.

    Resistance Support
    intraday intraweek intraday intraweek
    113.20 114.40 112.70 111.65
    114.40 114.40 112.40 110.40

    GBP/USD

    Current level – 1.3146

    The recent short-lived spike to 1.3210 should be the finale of the corrective pullback above 1.3065 and my outlook here is bearish, for a slide towards 1.2970.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3210 1.3440 1.3065 1.2570
    1.3295 1.3440 1.2970 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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