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Forex Technical Analysis


EUR/USD

Current level – 10584

Yesterday’s failure at 1.0630 resistance area signals a negative outlook, for a break through 1.0570 support, towards 1.0490 lows.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0630 1.0705 1.0570 1.0450
1.0680 1.0870 1.0490 1.0350

USD/JPY

Current level – 113.89

The rebound above 113.50 low is corrective in nature, thus preceding another slide towards 113.37, en route to 112.80 support area.

Resistance Support
intraday intraweek intraday intraweek
114.95 118.65 113.37 111.40
115.60 120.00 111.60 109.80

GBP/USD

Current level – 1.2227

The overall bias remains negative, for a slide towards 1.2116 static support. Initial resistance lies at 1.2325.

Resistance Support
intraday intraweek intraday intraweek
1.2325 1.2570 1.2210 1.2240
1.2400 1.2705 1.2120 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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