Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.1277
The outlook is still negative, for a violation of 1.1235 support zone, en route to 1.1143 lows. Minor intraday resistance lies at 1.1310.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.1310 | 1.1494 | 1.1494 | 1.1720 |
| Support | 1.1235 | 1.1143 | 1.1057 | 1.0820 |
__________
- USD/JPY
Current level - 110.36
Yesterday's corrective pattern led to a break through 109.90 high and the bias is still positive, for an attack towards 111.00 resistance. Initial intraday support lies at 109.90.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 111.00 | 112.00 | 111.00 | 113.80 |
| Support | 109.90 | 109.25 | 107.60 | 105.40 |
__________
-
GBP/USD
Current level - 1.4344
The intraday bias is bearish, for a break through 1.4300, towards 1.4240 zone. Initial intraday resistance lies at 1.4370.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4370 | 1.4458 | 1.4513 | 1.4670 |
| Support | 1.4300 | 1.4240 | 1.4000 | 1.3824 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | April 22 | SELL MKT | 1.1277 | 1.1320 | 1.1150 | --- |
| USD/JPY | April 22 | --- | --- | --- | --- | --- |
| GBP/USD | April 22 | --- | --- | --- | --- | --- |
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 holds below 1.0750 ahead of key US data
EUR/USD trades in a tight range below 1.0750 in the European session on Friday. The US Dollar struggles to gather strength ahead of key PCE Price Index data, the Fed's preferred gauge of inflation, and helps the pair hold its ground.
GBP/USD consolidates above 1.2500, eyes on US PCE data
GBP/USD fluctuates at around 1.2500 in the European session on Friday following the three-day rebound. The PCE inflation data for March will be watched closely by market participants later in the day.
Gold clings to modest daily gains at around $2,350
Gold stays in positive territory at around $2,350 after closing in positive territory on Thursday. The benchmark 10-year US Treasury bond yield edges lower ahead of US PCE Price Index data, allowing XAU/USD to stretch higher.
Bitcoin Weekly Forecast: BTC’s next breakout could propel it to $80,000 Premium
Bitcoin’s recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors.
US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets
The core PCE Price Index, which excludes volatile food and energy prices, is seen as the more influential measure of inflation in terms of Fed positioning. The index is forecast to rise 0.3% on a monthly basis in March, matching February’s increase.