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


    EUR/USD

    Current level – 1.2242

    The violation of 1.2250 support signals a corrective pullback, towards 1.2165 and 1.2090 later on. Crucial on the upside is 1.2280.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2300 1.2500 1.2165 1.2090
    1.2400 1.2500 1.2090 1.1910

    USD/JPY

    Current level – 110.72

    The downtrend is still intact and current rebound after 110.30 should be considered corrective, preceding another dip to 109.50. Key resistance lies at 111.00 and crucial on the upside is 111.70.

    Resistance Support
    intraday intraweek intraday intraweek
    111.00 111.70 110.00 109.50
    111.70 113.75 109.50 109.50

    GBP/USD

    Current level – 1.3781

    I favor a break through the intraday support at 1.3765 to initiate a slide towards 1.3700 and 1.3660 static support. Crucial on the upside is 1.3818 peak.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3800 1.3800 1.3765 1.3611
    1.3800 1.4000 1.3700 1.3460

    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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