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

    EUR/USD

    Current level – 1.1253

    The second test of 1.1285 failed as well and the intraday bias is negative, for a slide to 1.1240 static support, The latter should provide a reliable base for another upswing, towards 1.1350.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1350 1.1570 1.1240 1.1110
    1.1410 1.1820 1.1180 1.1010

    USD/JPY

    Current level – 108.03

    I favor a violation of 108.10 resistance, for another attempt towards 108.40, before drowning to 107.50.

    Resistance Support
    intraday intraweek intraday intraweek
    108.10 109.80 107.80 106.70
    109.00 112.40 107.50 104.50

    GBP/USD

    Current level – 1.2482

    The slide through 1.2500 signals bearish bias, for a test of 1.2440 lows.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2600 1.2890 1.2440 1.2440
    1.2660 1.3170 1.2440 1.2360

    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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