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

    EUR/USD

    Current level – 1.1285

    The rebound after 1.1213 should be considered corrective, preceding a slide towards 1.1100 area. Crucial on the upside is 1.1360 and trigger is seen at 1.1250.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1300 1.1360 1.1250 1.1100
    1.1360 1.1500 1.1210 1.0850

    USD/JPY

    Current level – 113.77

    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 – 1.2968

    Trading is caught in a tight range between 1.2940 and 1.3040 and although there is an intraday risk of a spike to 1.3080, the overall outlook is negative, for a dip to 1.2830.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3040 1.3250 1.2940 1.2660
    1.3080 1.3440 1.2830 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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