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

    EUR/USD

    Current level – 1.1255

    The pair reached a local low at 1.1250 and my outlook is already counter-trend, for a rise through 1.1330, en route to 1.1450.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1330 1.1570 1.1250 1.1175
    1.1410 1.1830 1.1175 1.0860

    USD/JPY

    Current level – 110.52

    Although there is an intraday risk of a brief spike to 111.00 area, he latter should cap the upside, for a new leg downwards, to 108.90.

    Resistance Support
    intraday intraweek intraday intraweek
    111.00 113.00 110.20 108.90
    112.15 114.50 108.90 107.40

    GBP/USD

    Current level – 1.3178

    The struggle above 1.3150 continues and while the mentioned support remains intact, the outlook will be positive, for a rise towards 1.3300, en route to 1.3450.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3300 1.3450 1.3150 1.2800
    1.3300 1.3450 1.2960 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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