• EUR/USD 


Current level - 1.1377

Forex Technical Analysis on EUR/USD


The uptrend has reached a new high at 1.1412, but there is a minor reversal at that peak, revealing a risk of a dip towards 1.1230.crucial support is projected at 1.1330.










Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.14121.14601.14601.1565
Support1.13301.12301.10121.0930

__________

  • USD/JPY

 

Current level - 119.61

Forex Technical Analysis on USD/JPY


Current slide from 120.34 is heading for another test of the lower boundary of the prolonged range at 119.50. Initial intraday resistance lies at 119.80, followed bu the crucial high at 120.07.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 119.80120.50121.30122.30
Support 119.50118.67118.67116.15

__________

  • GBP/USD


Current level - 1.5248

Forex Technical Analysis on GBP/USD


The last test of 1.5380 resistance failed as well and the bias here is negative, for a dive towards 1.5175, en route to 1.5110. Key intraday resistance lies at 1.5300.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.53001.53801.54781.5660
Support 1.51751.51101.50801.4850

__________












Trading Strategy
DATEORDERENTRYSLTP1TP2
EUR/USDOctober 13SELL MKT1.13771.14201.12301.1030
USD/JPYOctober 13---------------
GBP/USDOctober 13SELL MKT1.52481.53301.51201.5000

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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