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


    EUR/USD

    Current level – 1.1607

    The recent peak at 1.1690 signals a finale of the consolidation pattern above 1.1570 and the outlook is bearish, for a break through 1.1600, towards 1.1480. Minor intraday resistance lies at 1.1635.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1635 1.1840 1.1600 1.1480
    1.1720 1.1940 1.1480 1.1300

    USD/JPY

    Current level – 114.38

    The bias is positive, for a rise towards 115.50. Crucial on the downside is 113.50.

    Resistance Support
    intraday intraweek intraday intraweek
    114.80 115.50 113.50 111.00
    115.50 116.80 113.05 107.30

    GBP/USD

    Current level – 1.3070

    The outlook remains bearish below 1.3150 resistance, for a violation of 1.3020 lows, towards 1.2907 zone.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3150 1.3220 1.3020 1.3020
    1.3150 1.3340 1.2910 1.2760

    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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