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

    EUR/USD

    Current level – 1.1350

    The rebound above 1.1350 is pretty pale, so there is obviously a chance of a dip to 1.1320 and even 1.1280 before renewal of the general upmove towards 1.1570.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1450 1.1570 1.1350 1.1110
    1.1570 1.1820 1.1250 1.1010

    USD/JPY

    Current level – 108.06

    The break through 107.70 clearly states a positive bias, for a rise towards 108.80. Crucial on the downside is 107.60.

    Resistance Support
    intraday intraweek intraday intraweek
    108.70 109.90 107.70 106.70
    108.70 112.40 106.70 104.50

    GBP/USD

    Current level – 1.2677

    My outlook is bearish on the intraday frames, for a dip to 1.2600 area.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2705 1.2890 1.2650 1.2503
    1.2810 1.3170 1.2600 1.2420

    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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