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

    EUR/USD

    Current level – 1.2311

    Thursday’s test of 1.2280 dynamic support has failed and an intraday break through 1.2330 will challenge 1.2380 resistance area. The latter should reinstate the bearish bias, for a slide towards 1.2160.

    Resistance Support
    intraday intraweek intraday intraweek
    1.2330 1.2560 1.2280 1.2160
    1.2380 1.2560 1.2240 1.2090

    USD/JPY

    Current level – 106.33

    The static support at 105.90 is intact and should provide a reliable bas for an upswing toward 107.30.

    Resistance Support
    intraday intraweek intraday intraweek
    107.00 108.30 105.90 105.20
    107.90 110.40 105.20 104.60

    GBP/USD

    Current level – 1..4042

    The resistance at 1.4090 should cap the upside, for another leg downwards, to 1.3910 zone.

    Resistance Support
    intraday intraweek intraday intraweek
    1.4090 1.4280 1.3980 1.3710
    1.4240 1.4340 1.3910 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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