Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.1026
The intraday bias is positive above 1.0990 minor support, for another leg upwards, through 1.1100 crucial resistance.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.1100 | 1.1100 | 1.1210 | 1.1460 |
| Support | 1.0996 | 1.0900 | 1.0900 | 1.0800 |
__________
- USD/JPY
Current level - 120.39
My outlook here remains negative below 120.80 intraday resistance, for a break through 120.00 support, en route to 119.20 mark.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 120.80 | 121.50 | 121.50 | 122.30 |
| Support | 120.00 | 119.20 | 117.50 | 116.15 |
__________
GBP/USD
Current level - 1.5433
The uptrend from 1.5240 low peaked at 1.5470 and the pair has entered a minor corrective phase, currently supported at 1.5416. Crucial on the downside is 1.5375 area and I expect it to provide a reliable base for the next upswing, through 1.5510.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5510 | 1.5660 | 1.5660 | 1.5820 |
| Support | 1.5375 | 1.5283 | 1.5283 | 1.5170 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | October 30 | BUY MKT | 1.1006 | 1.0930 | 1.1200 | 1.1450 |
| USD/JPY | October 30 | SELL MKT | 120.47 | 120.90 | 119.30 | 118.20 |
| GBP/USD | October 30 | BUY MKT | 1.5338 | 1.5270 | 1.5415 | 1.5500 |
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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