EUR/USD: 1.2540 hurdle should provoke a pullback towards 1.2390

EUR/USD Current level - 1.2490

The sharp reversal at 1.2270 led to a break through 1.2390 peak and currently the pair is heading for a test of 1.2540 peak. Initial pullback is expected, to 1.2390 area.

EUR/USD

resistance
intraday intraweek
1.2540 1.2540
1.2540 1.2870
support
intraday intraweek
1.2460 1.2210
1.2390 1.2090

 

 

USD/JPY Current level - 106.44

The bias remains bearish, for a slide to 105.90-40 area. Crucial on the upside is 107.50.

USD/JPY

resistance
intraday intraweek
107.50 111.90
109.70 113.40
support
intraday intraweek
105.90 105.90
105.40 105.40

 

 

GBP/USD Current level - 1.4055

The break through 1.3920 points to another test of 1.4090 hurdle and an eventual break through the later will challenge 1.4280. Initial intraday support lies at 1.3920.

GBP/USD

resistance
intraday intraweek
1.4090 1.4280
1.4175 1.4340
support
intraday intraweek
1.3920 1.3760
1.3760 1.3620

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, Deltastock’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. Deltastock 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. Deltastock 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.