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

    EUR/USD

    Current level – 1.1237

    The downtrend remains intact and 112.80 minor hurdle should limit the upside, for a continuation towards 1.1100 area. Key static resistance  lies at 1.1300 and crucial on the upside is 1.1360.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1300 1.1360 1.1200 1.1300
    1.1360 1.1500 1.1100 1.1110

    USD/JPY

    Current level – 114.08

    The overall outlook remains positive, for a break through 114.50, en route to 116.20 area. Crucial on the downside is 112.90.

    Resistance Support
    intraday intraweek intraday intraweek
    114.50 114.50 113.60 111.60
    115.50 116.20 112.90 110.40

    GBP/USD

    Current level – 1.2875

    The rebound above 1.2830 is corrective and 1.2940 resistance is expected to limit the upside, for a continuation of the downtrend towards 1.2660 low.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2950 1.3250 1.2830 1.2660
    1.3040 1.3440 1.2770 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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