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

    EUR/USD

    Current level – 1.1178

    My outlook here is bearish, for a break through 1.1170 hurdle, towards 1.1110 low, en route to 1.1015 target zone. Crucial on the upside is 1.1220.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1220 1.1330 1.1170 1.1010
    1.1275 1.1450 1.1110 1.0860

    USD/JPY

    Current level – 109.66

    The rebound above 109.00 is obviously corrective in nature, thus preceding another dip to 108.50 zone. Key resistance  lies at 110.30.

    Resistance Support
    intraday intraweek intraday intraweek
    110.30 113.20 109.00 108.50
    111.65 114.50 108.50 107.40

    GBP/USD

    Current level – 1.2787

    The downtrend is intact, heading towards 1.2690 area. Initial minor resistance lies at 1.2810-15 and crucial on the upside is 1.2890.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2810 1.2960 1.2770 1.2690
    1.2890 1.3170 1.2690 1.2690

    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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