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

EUR/USD

Current level – 1.1388

The outlook remains bearish, for a slide towards 1.1310, en route to 1.1214 lows. Initial resistance lies at 1.1415, followed by 1.1450.

Resistance Support
intraday intraweek intraday intraweek
1.1450 1.1630 1.1310 1.1214
1.1540 1.1820 1.1260 1.1100

USD/JPY

Current level – 109.38

The outlook is positive, for a rise towards 110.20 zone. Initial support lies at 109.10 and crucial low is 108.65.

Resistance Support
intraday intraweek intraday intraweek
109.50 111.45 109.10 106.70
110.20 112.20 108.65 104.60

GBP/USD

Current level – 1.2947

The break through 1.2930 signals a positive bias, for a rise towards 1.3050 area. Initial support is projected at 1.2930-2900 area and crucial is 1.2830 low.

Resistance Support
intraday intraweek intraday intraweek
1.3000 1.3050 1.2930 1.2420
1.3050 1.3250 1.2830 1.2340

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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