EURUSD: Expect a break through 1.1550 to challenge 1.1610

EUR/USD Current level - 1.1522

Today's break through 1.1490 resistance confirms the positive bias, for a test of 1.1550, en route to 1.1610 area. Key intraday support lies at 1.1480.

EURUSD

resistance

intraday

intraweek

1.1550

1.1610

1.1610

1.1720

support

intraday

intraweek

1.1480

1.1370

1.1370

1.1290

 

USD/JPY Current level - 112.20

Yesterday's precise test of 112.80 has finalized the consolidation pattern above 112.25 and the downtrend is renewed, towards 110.30 zone. 

USDJPY

resistance

intraday

intraweek

112.80

114.50

113.50

115.50

support

intraday

intraweek

111.75

111.75

110.30

110.20

 

GBP/USD Current level - 1.3093

My outlook here remains bullish, for a continuation of the upmove, through 1.3130 minor resistance, towards 1.3260 zone.

GBPUSD

resistance

intraday

intraweek

1.3130

1.3260

1.3260

1.3500

support

intraday

intraweek

1.3030

1.2810

1.2970

1.2480

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.