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

    EUR/USD

    Current level – 1.1837

    The consolidation pattern above 1.1820 should be considered complete and the outlook is bearish, for a slide towards 1.1720. Minor intraday  resistance lies at 1.1870, followed by the crucial 1.1910.

    Resistance Support
    intraday intraweek intraday intraweek
    1.1870 1.2060 1.1820 1.1720
    1.1910 1.2160 1.1720 1.1480

    USD/JPY

    Current level – 110.25

    The break through 110.02 peak signals, that the general upmove has been renewed, targeting 111.00, en route to 111.90 area. Initial intraday support lies at 110.00 and crucial on the senior frames is 109.15 low.

    Resistance Support
    intraday intraweek intraday intraweek
    111.00 111.90 110.00 108.50
    111.90 114.40 109.15 107.90

    GBP/USD

    Current level – 1.3509

    My outlook is bearish below 1.3525 minor resistance, for a further depreciation towards 1.3300 zone.

    Resistance Support
    intraday intraweek intraday intraweek
    1.3525 1.3990 1.3450 1.3460
    1.3610 1.4100 1.3310 1.3310

    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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