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

    EUR/USD

    Current level – 1.1322

    My outlook is still bearish, for a break through 1.1320, towards 1.1214 lows. Initial resistance  is projected at 1.1350.

     

    Resistance Support
    intraday intraweek intraday intraweek
    1.1350 1.1630 1.1320 1.1214
    1.1450 1.1820 1.1214 1.1100

    USD/JPY

    Current level – 111.90

    The pair has pulled back after the 112.05 peak and the consolidation below 112.20 is likely to extend through 111.60, towards 111.20 static support.

    Resistance Support
    intraday intraweek intraday intraweek
    112.15 113.00 111.20 110.20
    113.00 114.50 110.20 108.50

    GBP/USD

    Current level – 1.3152

    The bias remains bearish, for a test of 1.3100 area. Crucial on the upside is 1.3270.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3270 1.3290 1.3100 1.2800
    1.3450 1.3450 1.3000 1.2610

    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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