EUR/USD Current level - 1.1355

The recent slide to 1.1230 was corrective, preceding an advance towards 1.1400 area. On the senior frames, the whole rise after 1.1230 is corrective, so expect a reversal around 1.1400 to trigger a sell-off towards 1.1214 low.

Forex Technical Analysis on EUR/USD

resistance
intraday intraweek
1.1350 1.1630
1.1400 1.1820
support
intraday intraweek
1.1320 1.1214
1.1275 1.1100

 

 

USD/JPY Current level - 110.71

My outlook is counter-trend, for a reversal and another attempt at 110.20 support. 

Forex Technical Analysis on USD/JPY

resistance
intraday intraweek
110.80 111.45
111.45 114.50
support
intraday intraweek
110.20 106.70
109.10 104.60

 

 

GBP/USD Current level - 1.3067

The bias remains positive above 1.3000 area, for a rise towards 1.3212 resistance

Forex Technical Analysis on GBP/USD

resistance
intraday intraweek
1.3150 1.3210
1.3210 1.3290
support
intraday intraweek
1.3000 1.2800
1.2845 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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