EUR/USD: Allow an intraday pullback to 1.0710 support

EUR/USD Current level - 1.0772

The pair is currently testing the previous peak at 1.0780 and a failure here will result in an intraday slide towards 1.0710 support zone. The overall bias on the senior frames remains positive above 1.0600, for a rise towards 1.0870.

Forex Technical Analysis on EUR/USD

resistance
intraday intraweek
1.0780 1.0870
1.0870 1.0945
support
intraday intraweek
1.0712 1.0600
1.0600 1.0490

 

USD/JPY Current level - 112.52

The bias is negative below 112.90, for a slide towards 111.60. Crucial on the upside is 113.50 hurdle.

Forex Technical Analysis on USD/JPY

resistance
intraday intraweek
112.90 115.65
114.50 118.65
support
intraday intraweek
111.60 111.60
111.60 110.30

 

GBP/USD Current level - 1.2430

Despite the positive bias, my outlook here is rather negative, for a break through 1.2376 crucial low, towards 1.2300 and even 1.2250 support zone. 

Forex Technical Analysis on GBP/USD

resistance
intraday intraweek
1.275 1.2570
1.2570 1.2570
support
intraday intraweek
1.2376 1.2107
1.2250 1.1984

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.