EUR/USD Current level - 1.1205

The downtrend is intact and a break through 1.1170 will challenge 1.1110 low. Crucial on the upside is 1.1240.

Forex Technical Analysis on EUR/USD

resistance
intraday intraweek
1.1240 1.1330
1.1275 1.1450
support
intraday intraweek
1.1170 1.1010
1.1110 1.0860

 

USD/JPY Current level - 109.67

The support at 109.40 guards the positive intraday bias, for a bounce towards 110.30. The outlook on the senior frames remains neutral.

Forex Technical Analysis on USD/JPY

resistance
intraday intraweek
110.30 113.20
111.65 114.50
support
intraday intraweek
109.40 108.50
108.50 107.40

 

GBP/USD Current level - 1.2902

The bias is bearish, for a test of 1.2860 low and the latter should provide a reliable base for one more upswing, to 1.3050.

Forex Technical Analysis on GBP/USD

resistance
intraday intraweek
1.2960 1.3340
1.3050 1.3450
support
intraday intraweek
1.2860 1.2860
1.2810 1.2610

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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