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


    EUR/USD

    Current level – 1.1785

    The recent peak at 1.1909 shows a reversal of the whole rise from 1.1310 and the bias is bearish, for a slide towards 1.1650 and probably 1.1850 support zone. Initial intraday resistance lies at 1.1825.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1825 1.2000 1.1650 1.1580
    1.1909 1.2240 1.1580 1.1480

    USD/JPY

    Current level – 110.74

    The outlook is positive above 110.20 support, for a break through 111.00 area, towards 112.20 zone.

    Resistance Support
    intraday intraweek intraday intraweek
    111.00 112.20 110.20 109.80
    111.50 114.50 109.80 108.10

    GBP/USD

    Current level – 1.3057

    The bias here remains bearish, for a slide towards 1.2930 zone. Key hurdle on the upside is projected at 1.3100.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3100 1.3260 1.3000 1.2930
    1.3170 1.3500 1.2930 1.2810

    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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