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

    EUR/USD

    Current level – 1.1511

    The intraday bias is positive, for a rise towards 1.1590 and a violation of the latter will challenge 1.1720 area.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1590 1.1835 1.1440 1.1300
    1.1720 1.2010 1.1440 1.1100

    USD/JPY

    Current level – 113.88

    The pullback after the failure at 114.40 confirms a negative outlook, for a slide towards 113.20, en route to 112.40 area. Initial minor resistance lies at 114.20.

    Resistance Support
    intraday intraweek intraday intraweek
    114.20 114.40 113.50 111.65
    114.40 114.40 112.40 110.40

    GBP/USD

    Current level – 1.3050

    The reversal at 1.2920 signals a bullish outlook, for a rise towards 1.3100 crucial area, en route to 1.3210.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3100 1.3440 1.2920 1.2570
    1.3210 1.3440 1.2800 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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