• EUR/USD 


Current level - 1.1165

Forex Technical Analysis on EUR/USD


The recent rebound above 1.1115 should be considered corrective, so the overall outlook is still bearish, for a slide towards 1.1012. Crucial on the upside is 1.1330 area.










Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.12121.12671.13301.1460
Support1.11001.10121.10861.0930

__________

  • USD/JPY

 

Current level - 120.29

Forex Technical Analysis on USD/JPY


Last week's rise from 119.20 fulfilled a precise test of 121.30 resistance and the bias is already bearish, for a slide towards 119.80. 










Key Market Levels
Minor Intraday Major Intraweek
Resistance 120.50121.32122.30123.70
Support 119.80119.20118.50116.15

__________

  • GBP/USD


Current level - 1.5188

Forex Technical Analysis on GBP/USD


The downtrend is intact and with the resistance at 1.5212 the bias is bearish, for a slide towards 1.5080. Crucial on the upside is 1.5290 high.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.52121.52901.54781.5660
Support 1.51401.50801.50801.4850

__________












Trading Strategy
DATEORDERENTRYSLTP1TP2
EUR/USDSeptember 25SELL MKT1.11671.12201.1020---
USD/JPYSeptember 25BUY MKT120.29119.80121.20---
GBP/USDSeptember 25SELL MKT1.52281.53001.5098---

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


Recommended Content

Editors’ Picks

EUR/USD holds above 1.0650 after US data

EUR/USD holds above 1.0650 after US data

EUR/USD retreats from session highs but manages to hold above 1.0650 in the early American session. Upbeat macroeconomic data releases from the US helps the US Dollar find a foothold and limits the pair's upside.

EUR/USD News

GBP/USD retreats toward 1.2450 on modest USD rebound

GBP/USD retreats toward 1.2450 on modest USD rebound

GBP/USD edges lower in the second half of the day and trades at around 1.2450. Better-than-expected Jobless Claims and Philadelphia Fed Manufacturing Index data from the US provides a support to the USD and forces the pair to stay on the back foot.

GBP/USD News

Gold is closely monitoring geopolitics

Gold is closely monitoring geopolitics

Gold trades in positive territory above $2,380 on Thursday. Although the benchmark 10-year US Treasury bond yield holds steady following upbeat US data, XAU/USD continues to stretch higher on growing fears over a deepening conflict in the Middle East.

Gold News

Ripple faces significant correction as former SEC litigator says lawsuit could make it to Supreme Court

Ripple faces significant correction as former SEC litigator says lawsuit could make it to Supreme Court

Ripple (XRP) price hovers below the key $0.50 level on Thursday after failing at another attempt to break and close above the resistance for the fourth day in a row. 

Read more

Have we seen the extent of the Fed rate repricing?

Have we seen the extent of the Fed rate repricing?

Markets have been mostly consolidating recent moves into Thursday. We’ve seen some profit taking on Dollar longs and renewed demand for US equities into the dip. Whether or not this holds up is a completely different story.

Read more

Majors

Cryptocurrencies

Signatures