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

    EUR/USD

    Current level – 1.1204

    The test of 1.1110 low failed and trading remains caught in the prolonged range, currently aiming at the upper boundary, at 1.1270. Initial support lies at 1.1180.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1220 1.1330 1.1180 1.1010
    1.1275 1.1450 1.1110 1.0860

    USD/JPY

    Current level – 109.51

    The violation of 109.80 low shows a reversal and my outlook here is neutral. Initial minor intraday resistance  lies at 109.70.

    Resistance Support
    intraday intraweek intraday intraweek
    109.70 113.20 109.00 108.50
    110.30 114.50 108.50 107.40

    GBP/USD

    Current level – 1.2734

    The downtrend since 1.3170 peak is complete and the outlook is positive, for a rise towards 1.2810 area. Crucial on the downside is 1.2650.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2810 1.2960 1.2650 1.2580
    1.2890 1.3170 1.2580 1.2470

    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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