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

    EUR/USD

    Current level – 1.1574

    There is still a chance for one more dip towards 1.1530-10 before renewal of the upmove towards 1.1720 area. An eventual break through 1.1610 peak will signal a direct rise towards 1.1720.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1610 1.1835 1.1510 1.1300
    1.1720 1.2010 1.1440 1.1100

    USD/JPY

    Current level – 112.03

    The support area at 111.65 managed to hold yesterday and my outlook remains positive, for a climb towards 112.50, en route to 113.50 zone.

    Resistance Support
    intraday intraweek intraday intraweek
    112.50 114.40 111.65 111.65
    113.50 114.40 111.40 110.40

    GBP/USD

    Current level – 1.3165

    The intraday bias is slightly positive above 1.3140, but my outlook is counter-trend, for a reversal below 1.3260 and drowning towards 1.3030 area. Crucial on the upside is 1.3260 peak.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3180 1.3440 1.3030 1.2570
    1.3295 1.3440 1.2870 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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