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


    EUR/USD

    Current level – 1.2319

    Despite the slow pace, the bias is positive, for an attack of 1.2370 resistance and a break through the latter will challenge 1.2460.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2370 1.2460 1.2260 1.2210
    1.2460 1.2560 1.2210 1.2090

    USD/JPY

    Current level – 106.57

    The recent rebound to 107.26 was corrective in nature and the bias is bearish, for a slide towards 105.50 low. 

    Resistance Support
    intraday intraweek intraday intraweek
    107.20 108.30 106.40 105.40
    107.90 110.40 105.40 102.40

    GBP/USD

    Current level – 1.4044

    My outlook is positive above 1.4000 intraday support, for a rise towards 1.4150 hurdle. A violation of the latter will challenge 1.4280.

    Resistance Support
    intraday intraweek intraday intraweek
    1.4150 1.4280 1.4000 1.3760
    1.4280 1.4340 1.3900 1.3620

    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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