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


    EUR/USD

    Current level – 1.2438

    The static support at 1.2390 is still intact and there is a risk of another upswing to 1.2500 area before next dip to 1.2330 major support.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2480 1.2540 1.2390 1.2330
    1.2540 1.2870 1.2330 1.2220

    USD/JPY

    Current level – 109.59

    The intraday bias is positive above 109.00, for a rise towards 110.20 area. 

    Resistance Support
    intraday intraweek intraday intraweek
    109.80 110.20 108.25 108.50
    110.20 112.00 108.25 107.30

    GBP/USD

    Current level – 1.4257

    Current rise is expected to be limited below 1.4340 hurdle and the latter should provoke another sell-off towards 1.3910 support. Trigger on the downside is 1.4160.

    Resistance Support
    intraday intraweek intraday intraweek
    1.4285 1.4340 1.4160 1.3910
    1.4340 1.4730 1.4090 1.3730

    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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