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


    EUR/USD

    Current level – 1.1428

    The overall bias is still positive, with a key support at 1.1385. Crucial on the downside is 1.1290 low.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1450 1.1450 1.1385 1.1020
    1.1550 1.1610 1.1290 1.0838

    USD/JPY

    Current level – 112.25

    Yesterday’s test of 113.00 area failed and the intraday bias is negative, as the pair is currently testing 111.70 support zone. The latter is crucial for the whole rise from 108.81.

    Resistance Support
    intraday intraweek intraday intraweek
    113.10 113.10 111.70 110.30
    113.10 114.30 110.30 108.81

    GBP/USD

    Current level – 1.3004

    AS the pair is approaching 1.3050 resistance, there is a risk of a more significant reversal and trigger on the downside is 1.2950 area. A violation of the latter will signal a broad consolidation pattern towards 1.2830-50 zone.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3050 1.3130 1.2950 1.2635
    1.3130 1.3500 1.2850 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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