Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.0771
The failure at 1.0896 resistance led to a renewal of the downtrend and the break below 1.0830 signals a bearish outlook, for a 1.0640. Initial resistance lies at 1.0800-30 area.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.0830 | 1.0896 | 1.0896 | 1.1100 |
| Support | 1.0710 | 1.0640 | 1.0640 | 1.0460 |
__________
- USD/JPY
Current level - 123.36
The recent break through 122.30 resistance led to a massive rise, all the way up to 123.50, few pips below 123.65 hurdle. Initial support lies at 123.10, followed by the major one at 122.30.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 123.65 | 124.75 | 123.65 | 125.90 |
| Support | 123.10 | 122.30 | 122.30 | 120.00 |
__________
GBP/USD
Current level - 1.5076
The downtrend is still intact, with an initial resistance at 1.5110 and immediate support at 1.5000 sentiment area.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5110 | 1.5240 | 1.5660 | 1.5820 |
| Support | 1.5000 | 1.5000 | 1.5000 | 1.4840 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | November 5 | --- | --- | --- | --- | --- |
| USD/JPY | November 5 | --- | --- | --- | --- | --- |
| GBP/USD | November 5 | --- | --- | --- | --- | --- |
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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