• EUR/USD 


Current level - 1.1237

Forex Technical Analysis on EUR/USD


Friday's rise has been limited to 1.1330 dynamic resistance, but the intraday bias is positive above 1.1210 support zone and a break on the upside through the mentioned hurdle will challenge directly 1.1460. Crucial on the downside is 1.1150.










Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.13301.13301.13301.1460
Support1.12101.11501.10861.0930

__________

  • USD/JPY

 

Current level - 120.03

Forex Technical Analysis on USD/JPY


The outlook is positive after the reversal t 118.67 low, for a break through 120.40 minor resistance, en route to 121.30 area.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 120.40121.32122.30123.70
Support 119.50118.67118.67116.15

__________

  • GBP/USD


Current level - 1.5213

Forex Technical Analysis on GBP/USD


The intraday bias is positive above 1.5175 support, for a rise towards 1.5330. Crucial on the downside is 1.5110 low.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.52401.53301.54781.5660
Support 1.51751.50801.50801.4850

__________












Trading Strategy
DATEORDERENTRYSLTP1TP2
EUR/USDOctober 5BUY MKT1.12371.11401.1440---
USD/JPYOctober 5BUY MKT120.03119.40121.20---
GBP/USDOctober 5BUY LMT1.51901.51301.5310---

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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