Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.0653
The outlook is bearish within the slide from 1.0750, for a dip towards 1.0520 support zone. Initial intraday resistance lies at 1.0680 and crucial on the upside is 1.0750.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.0680 | 1.0750 | 1.0896 | 1.1100 |
| Support | 1.0640 | 1.0520 | 1.0520 | 1.0460 |
__________
- USD/JPY
Current level - 123.24
The recent break through 123.00 signals a reversal of the whole slide since 123.60 and the bias is positive, for a retest of the mentioned high. Initial intraday support lies at 123.00.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 123.65 | 123.65 | 123.65 | 125.90 |
| Support | 123.00 | 122.22 | 121.40 | 120.00 |
__________
GBP/USD
Current level - 1.5185
The intraday bias is negative below 1.5190, for a slide towards 1.5140. Crucial on the upside is 1.5220.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5190 | 1.5250 | 1.5360 | 1.5820 |
| Support | 1.5130 | 1.5084 | 1.5000 | 1.4840 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | November 17 | SELL MKT | 1.0653 | 1.0720 | 1.0530 | --- |
| USD/JPY | November 10 | SELL MKT | 123.19 | 123.70 | 122.40 | --- |
| GBP/USD | November 10 | BUY MKT | 1.5104 | 1.5050 | 1.5190 | --- |
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
Recommended Content
Editors’ Picks
EUR/USD clings to daily gains above 1.0650
EUR/USD gained traction and turned positive on the day above 1.0650. The improvement seen in risk mood following the earlier flight to safety weighs on the US Dollar ahead of the weekend and helps the pair push higher.
GBP/USD recovers toward 1.2450 after UK Retail Sales data
GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.
Gold holds steady at around $2,380 following earlier spike
Gold stabilized near $2,380 after spiking above $2,400 with the immediate reaction to reports of Israel striking Iran. Meanwhile, the pullback seen in the US Treasury bond yields helps XAU/USD hold its ground.
Bitcoin Weekly Forecast: BTC post-halving rally could be partially priced in Premium
Bitcoin price shows no signs of directional bias while it holds above $60,000. The fourth BTC halving is partially priced in, according to Deutsche Bank’s research.
Week ahead – US GDP and BoJ decision on top of next week’s agenda
US GDP, core PCE and PMIs the next tests for the Dollar. Investors await BoJ for guidance about next rate hike. EU and UK PMIs, as well as Australian CPIs also on tap.