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


    EUR/USD

    Current level – 1.2035

    Yesterday’s test at 1.2080 should be enough for a corrective pullback and my outlook is bearish, for a break through 1.2025 minor support, towards 1.1960 area.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2050 1.2090 1.1960 1.1910
    1.2090 1.2240 1.1910 1.1715

    USD/JPY

    Current level – 112.29

    With yesterday’s slide to 112.00 my outlook is already counter-trend, for a rise through 112.45 hurdle, towards 113.09 area.

    Resistance Support
    intraday intraweek intraday intraweek
    112.45 113.09 112.00 111.00
    113.09 113.65 111.00 111.00

    GBP/USD

    Current level – 1.3591

    Initial intraday support lies at 1.3565 and a break below will signal a more significant reversal, towards 1.3460 zone.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3660 1.3660 1.3565 1.3460
    1.3660 1.3660 1.3460 1.3300

    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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