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


    EUR/USD

    Current level – 1.1740

    My outlook remains bearish on the senior frames, for a slide towards 1.1580. Crucial on the upside is 1.1850 resistance.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1780 1.1909 1.1660 1.1580
    1.1850 1.2000 1.1580 1.1480

    USD/JPY

    Current level – 108.93

    The slide through 108.70 low signals, that the downtrend hes been renewed, towards 108.10, en route to 107.00 area. There is still and intraday risk of a bounce towards 109.60 and even 110.30 minor hurdles.

    Resistance Support
    intraday intraweek intraday intraweek
    109.60 111.00 108.80 108.10
    110.30 112.20 108.10 107.00

    GBP/USD

    Current level – 1.2869

    The overall outlook remains bearish, for a break through 1.2800 area, towards 1.2600 zone. Key resistance lies at 1.2930.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2930 1.3260 1.2804 1.2804
    1.3050 1.3500 1.2705 1.2606

    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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