EUR/USD: Bearish below 1.1510, for 1.1300 area

EUR/USD Current level - 1.1450

The slide through 1.1509 shows, that the prolonged consolidation since the end of May is over and the outlook is bearish, for a dip to 1.1300 area. Initial hurdle lies at 1.1510.

EUR/USD

resistance
intraday intraweek
1.1510 1.1750
1.1640 1.1830
support
intraday intraweek
1.1430 1.1300
1.1300 1.1300

 

USD/JPY Current level - 110.87

The downtrend is still intact, but a break through 111.20 will signal a reversal for 113.20.

USD/JPY

resistance
intraday intraweek
111.20 114.50
113.20 114.50
support
intraday intraweek
110.25 110.25
110.25 109.30

 

GBP/USD Current level - 1.2745

The downtrend is intact, heading towards 1.2570-2620 area. Initial resistance lies at 1.2770, followed by the crucial one at 1.2850.

GBP/USD

resistance
intraday intraweek
1.2770 1.2970
1.2850 1.3210
support
intraday intraweek
1.2730 1.2570
1.2630 1.2570

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.