EUR/USD Current level - 1.1456

The violation of 1.1500 support signals a negative bias, for a test of 1.1410 area. A break through the latter will target 1.1260 zone. Initial intraday resistance lies at 1.1500 and crucial on the upside is 1.1540.

Forex Technical Analysis on EUR/USD

resistance
intraday intraweek
1.1500 1.1630
1.1630 1.1820
support
intraday intraweek
1.1410 1.1214
1.1260 1.1100

 

 

USD/JPY Current level - 108.14

The outlook is bearish after the recent pullback at 108.50 resistance, for a downswing towards 106.70.

Forex Technical Analysis on USD/JPY

resistance
intraday intraweek
108.50 111.45
109.10 112.20
support
intraday intraweek
106.70 106.70
106.70 104.60

 

 

GBP/USD Current level - 1.2825

The last attempt at 1.2710 failed as well and the pair broke through the upper boundary at 1.2800, currently targeting 1.28850 resistance area. Intraday support lies at 1.2770 and crucial on the downside is 1.2710.

Forex Technical Analysis on GBP/USD

resistance
intraday intraweek
1.2885 1.2885
1.2885 1.3250
support
intraday intraweek
1.2710 1.2420
1.2615 1.2340

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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Deltastock AD is fully licensed and regulated under MiFID. The company is regulated and authorised by the Financial Supervision Commission (FSC), Bulgaria, Reg. No. RG-03-01

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