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


    EUR/USD

    Current level – 1.1933

    The intraday bias is neutral as the pair is trading in the middle of 1.1830-1.2070 range. I favor a break on the upside to target 1.2070, en route to 1.2240.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2030 1.2160 1.1860 1.1830
    1.2070 1.2500 1.1830 1.1660

    USD/JPY

    Current level – 112.15

    My outlook here is bearish below 112.80, for a slide towards 111.10 hurdle. 

    Resistance Support
    intraday intraweek intraday intraweek
    112.80 112.80 111.10 108.12
    112.80 114.50 109.30 107.30

    GBP/USD

    Current level – 1.3543

    The support at 1.3440 is still intact and the bias is positive above that area, for a break through 1.3635, towards 1.3830 zone.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3630 1.3650 1.3440 1.3340
    1.3650 1.3830 1.3340 1.3150

    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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