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

EUR/USD

Current level – 1.1356

The reaction above 1.1330 is pretty weak, so my outlook remains bearish, for a slide towards 1.1214 low. Key hurdle lies at 1.1415.

Resistance Support
intraday intraweek intraday intraweek
1.1415 1.1630 1.1330 1.1214
1.1540 1.1820 1.1214 1.1100

USD/JPY

Current level – 109.65

Intraday, there is a risk of another downswing to 109.10 support area, but the overall outlook is already positive, for a rise towards 111.45 zone.

Resistance Support
intraday intraweek intraday intraweek
109.90 111.45 109.40 106.70
110.20 112.20 109.10 104.60

GBP/USD

Current level – 1.3045

The direct climb above 1.3000 reached a temporary high at 1.3100 and the outlook is positive, for a continuation towards 1.3180. Initial support lies at 1.3000.

Resistance Support
intraday intraweek intraday intraweek
1.3100 1.3180 1.3000 1.2420
1.3180 1.3250 1.2800 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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