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Forex Technical Analysis


EUR/USD

Current level – 10618

The bias remains bearish and only a break through the crucial 1.0658 high will signal a reversal of the whole slide from 1.0828

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0658 1.0870 1.0580 1.0500
1.0828 1.0870 1.0500 1.0350

USD/JPY

Current level – 113.38

My outlook here is still positive, for a violation of 114.10, towards 115.65. Key support lies at 112.50.

Resistance Support
intraday intraweek intraday intraweek
114.10 118.65 113.35 111.40
115.65 120.00 112.50 109.80

GBP/USD

Current level – 1.2542

The rise from 1.2440 low is corrective, preceding a slide towards 1.2415 support area. Trigger on the downside is 1.2479 low.

Resistance Support
intraday intraweek intraday intraweek
1.2550 1.2780 1.2415 1.2230
1.2610 1.2780 1.2346 1.1984

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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