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

    EUR/USD

    Current level – 1.1215

    The market is getting ready for this week’s FOMC meeting and the intraday bias is bearish below 1.1250, for a slide towards 1.1110 lows.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1250 1.1450 1.1200 1.1015
    1.1350 1.1450 1.1110 1.0860

    USD/JPY

    Current level – 108.60

    The intraday outlook here is bullish, for a rise towards 109.05 hurdle. Crucial on the downside is 108.10 low.

    Resistance Support
    intraday intraweek intraday intraweek
    109.05 109.90 108.10 107.70
    109.05 112.40 107.70 106.70

    GBP/USD

    Current level – 1.2590

    The break through 1.2650 led to a fast slide, currently testing 1.2550 lows and a violation of that area will challenge 1.2470. Initial resistance lies at 1.2650.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2650 1.2960 1.2550 1.2470
    1.2760 1.3170 1.2470 1.2350

    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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