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

    EUR/USD

    Current level – 1.1308

    The slide to 112.80 was corrective and my outlook is positive, for a short-lived break through 1.1330, towards 1.1390 area.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1330 1.1450 1.1280 1.1175
    1.1390 1.1570 1.1240 1.0860

    USD/JPY

    Current level – 111.96

    While 112.15 resistance remains intact, there will be a chance of a dip to 111.50 support zone. Next major resistance lies at 113.20

    Resistance Support
    intraday intraweek intraday intraweek
    112.15 113.20 111.50 108.90
    113.20 114.50 110.50 107.40

    GBP/USD

    Current level – 1.3057

    Trading remains caught in a tight range between 1.3030 and 1.3120 and my outlook is absolutely neutral.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3120 1.3450 1.2960 1.2820
    1.3200 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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