EUR/USD Current level - 1.1366

The static support at 1.1350 continues to hold, but an attempt to 1.1320-1.1280 can not yet be ruled out and such will gather steam for a new rise beyond 1.1450.

Forex Technical Analysis on EUR/USD

resistance
intraday intraweek
1.1450 1.1570
1.1570 1.1820
support
intraday intraweek
1.1350 1.1110
1.1250 1.1010

 

USD/JPY Current level - 107.65

The slide after 108.15 peak should be considered corrective, preceding another leg, towards 108.70. Initial intraday support lies at 107.45.

Forex Technical Analysis on USD/JPY

resistance
intraday intraweek
108.15 109.90
108.70 112.40
support
intraday intraweek
107.45 106.70
106.70 104.50

 

GBP/USD Current level - 1.2661

I favor a slide towards 1.2600 area before return to 1.2810 resistance zone.

Forex Technical Analysis on GBP/USD

resistance
intraday intraweek
1.2705 1.2890
1.2810 1.3170
support
intraday intraweek
1.2650 1.2503
1.2600 1.2420

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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