USD/JPY: Bearish for 111.50 target mark

EUR/USD Current level - 1.1845

The support at 1.1830 is intact and the overall outlook remains bullish, for a rise towards 1.1940 zone. An eventual slide below 1.1830 will challenge 1.1790 support, which should provide a reliable base for the expected upswing.

EUR/USD

resistance
intraday intraweek
1.1890 1.1940
1.1940 1.2030
support
intraday intraweek
1.1830 1.1660
1.1790 1.1480

 

GBP/USD Current level - 112.10

The bias is bearish, for a slide towards 111.50. Crucial on the upside is 112.80.

USD/JPY

resistance
intraday intraweek
112.80 113.80
113.80 114.50
support
intraday intraweek
112.00 111.50
111.50 107.30

 

GBP/USD Current level - 1.3274

Despite yesterday's sharp sell-off to 1.3120, the bullish bias has been reinstated and the outlook is positive, for a rise towards 1.3340 area. Key support is projected at 1.3220.

GBP/USD

resistance
intraday intraweek
1.3340 1.3340
1.3340 1.3650
support
intraday intraweek
1.3220 1.2910
1.3120 1.2760

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.