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


    EUR/USD

    Current level – 1.1594

    The intraday bias is positive, for a test of 1.1625 minor resistance, but while 1.1690 remains intact, the outlook on the senior frames will be bearish, for a dip to 1.1480.

    Resistance Support
    intraday intraweek intraday intraweek

    1.1625

    1.1840

    1.1550

    1.1480

    1.1690

    1.1940

    1.1480

    1.1300

    USD/JPY

    Current level – 113.83

    The rebound above 113.40 is corrective in nature and until 114.30 crucial high holds, the bias will be bearish, for a slide to 113.00 area. The peak at 114.30 is a trigger for a move towards 115.50.

    Resistance Support
    intraday intraweek intraday intraweek

    114.32

    115.50

    113.40

    111.00

    115.50

    116.80

    113.05

    107.30

    GBP/USD

    Current level – 1.3125

    Yesterday’s precise dip to 1.3090 support area has started the third and hopefully the final leg of the whole consolidation above 1.3030 so the intraday bias is positive, for 1.3220 resistance. The latter should reinstate the slide towards 1.2910.

    Resistance Support
    intraday intraweek intraday intraweek

    1.3220

    1.3220

    1.3090

    1.3020

    1.3220

    1.3340

    1.3020

    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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