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


    EUR/USD

    Current level – 10924

    The intraday bias is negative after the local peak at 1.1020, for a slide towards 1.0870 crucial area. A break through the latter will signal a continuation towards 1.0770. Key resistance lies at 1.0950.

    Profit-taking affects gold curbing silver and platinum

    Resistance Support
    intraday intraweek intraday intraweek
    1.0950 1.1020 1.0870 1.0780
    1.1020 1.1150 1.0780 1.0676

    USD/JPY

    Current level – 113.31

    The bias is positive after 112.36 low, for a rise towards 114.25 zone, en route to 115.60 major hurdle. Initial intraday support lies at 113.00.

    Resistance Support
    intraday intraweek intraday intraweek
    114.25 113.50 113.00 109.40
    115.60 115.60 112.35 108.12

    GBP/USD

    Current level – 1.2948

    My outlook here is rather neutral as the bias on the senior frames is still bullish above 1.2860 major support. Initial resistance lies around the sentiment 1.3000.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3000 1.3120 1.2860 1.2610
    1.3000 1.3500 1.2770 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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