USD/JPY: Possible rebound to 113.00 area

EUR/USD Current level - 1.1120

Yesterday's peak at 1.1171 started a pullback and the intraday bias is slightly bearish, with a risk of a slide through 1.1080, towards 1.1020 support area.

EURUSD

resistance

intraday

intraweek

1.1130

1.1130

1.1200

1.1300

support

intraday

intraweek

1.1094

1.1022

1.1022

1.0838

 

USD/JPY Current level - 111.23

The reversal at 110.23 shows a positive bias, for a break through 111.90resistance, towards 113.00 hurdle.

USDJPY

resistance

intraday

intraweek

113.00

114.30

114.30

115.60

support

intraday

intraweek

112.00

109.40

112.00

108.12

 

GBP/USD Current level - 1.2948

The recent break through 1.2990 resistance was a short-lived one and the return below the mentioned area signals a risk of another attempt at 1.2830 crucial level. A break through the latter will confirm a reversal on the senior frames, challenging 1.2770 and 1.2610 areas. Key on the upside is 1.2990.

GBPUSD

resistance

intraday

intraweek

1.2990

1.3120

1.3050

1.3500

support

intraday

intraweek

1.2830

1.2770

1.2770

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.