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


    EUR/USD

    Current level – 1.1190

    There is no sign of a reversal yest and the bias is positive, with a risk of an upswing towards 1.1250 area. Crucial support lies at 1.1175.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1210 1.1360 1.1175 1.1020
    1.1295 1.1610 1.1110 1.0838

    USD/JPY

    Current level – 111.71

    The recent spike to 112.10 should be followed by a brief corrective leg towards 111.00 area, before continuation of the general upmove towards 113.00 area.

    Resistance Support
    intraday intraweek intraday intraweek
    112.10 112.10 111.00 109.08
    113.00 114.30 110.30 108.12

    GBP/USD

    Current level – 1.2724

    The overall outlook remains positive above 1.2700 support area, for a rise towards 1.2825 zone.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2825 1.2970 1.2700 1.2480
    1.2825 1.3050 1.2634 1.2480

    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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