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

    EUR/USD

    Current level – 1.1416

    The recent break through 1.1360 has neutralized the bearish outlook and the bias is positive, for a violation of 1.1430 dynamic resistance, towards 1.1500 area.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1360 1.1360 1.1270 1.1100
    1.1500 1.1500 1.1210 1.0850

    USD/JPY

    Current level – 112.76

    The intraday bias is bearish, for a break through 112.50, towards 112.00 area. Initial resistance lies at 113.10.

    Resistance Support
    intraday intraweek intraday intraweek
    113.10 114.50 112.50 111.60
    113.70 116.20 112.00 110.40

    GBP/USD

    Current level – 1.2853

    The low at 1.2720 could be a finale of the whole slide since 1.3170 and I favor a break through 1.2880 to trigger a rise towards 1.3040.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2880 1.3250 1.2720 1.2660
    1.3040 1.3440 1.2660 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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