Technical Analysis

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

Typography

EUR/USD

Current level - 1.1459

The bias is positive, for a break through 1.1490, towards 1.1550 and 1.1610. Intraday allow a dip to 1.1430 support area and an eventual violation of that area will challenge 1.1380 again.

Resistance Support
intraday intraweek intraday intraweek
1.1490 1.1550 1.1430 1.1290
1.1550 1.1610 1.1380 1.1020

USD/JPY

Current level - 112.64

My outlook here remains negative, for a break through 111.75 area, towards 110.30 zone. Initial intraday resistance lies at 112.80 and crucial on the upside is 113.50. 

Resistance Support
intraday intraweek intraday intraweek
112.80 114.50 111.75 111.75
113.50 115.50 110.30 110.20

GBP/USD

Current level - 1.3090

The impulsive rise broke through 1.3050 resistance and the bias remains positive, for a violation of 1.3130 area, towards 1.3260 zone. Key support is projected at 1.3030.

Resistance Support
intraday intraweek intraday intraweek
1.3130 1.3260 1.3030 1.2810
1.3260 1.3500 1.2970 1.2480

Author: DeltaStock Inc.Website: http://www.deltastock.com/
DeltaStock Inc.
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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