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

EUR/USD

Current level – 1.1787

Despite the sharp rise after 1.1717, my outlook remains bearish below 1.1820, for a continuation of the downtrend towards 1.1680.

Resistance Support
intraday intraweek intraday intraweek
1.1820 1.2000 1.1680 1.1680
1.1890 1.2160 1.1480 1.1480

USD/JPY

Current level – 110.91

The overall bias is bullish above 110.40, for a rise towards 111.90 zone.

Resistance Support
intraday intraweek intraday intraweek
111.40 111.90 110.40 110.00
111.90 114.40 110.00 108.50

GBP/USD

Current level – 1.3429

The general downtrend is intact and the rebound above 1.3390 is corrective, preceding a slide towards 1.3300. Key static resistance lies at 1.3460.

Resistance Support
intraday intraweek intraday intraweek
1.3460 1.3990 1.3390 1.3310
1.3570 1.4100 1.3310 1.3310

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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