- EUR/USD
Current level - 1.0932
The rebound above 1.0790 is still intact, heading for a test of 1.0980 resistance area. A break through the latter will signal a positive outlook for 1.1100 zone.
Minor | Intraday | Major | Intraweek | |
Resistance | 1.0980 | 1.1100 | 1.1100 | 1.1310 |
Support | 1.0790 | 1.0640 | 1.0640 | 1.0513 |
__________
- USD/JPY
Current level - 122.66
The outlook is negative, for a test of 122.20 support zone. Crucial resistance on the upside is projected at 123.07.
Minor | Intraday | Major | Intraweek | |
Resistance | 123.07 | 123.65 | 124.70 | 125.90 |
Support | 122.20 | 121.50 | 121.50 | 120.00 |
__________
GBP/USD
Current level - 1.5048
The recent reversal at 1.4958 signals a positive bias, for a rise through 1.5090, towards 1.5160. Key support lies at 1.4958.
Minor | Intraday | Major | Intraweek | |
Resistance | 1.5090 | 1.5160 | 1.5330 | 1.5820 |
Support | 1.4958 | 1.4896 | 1.4850 | 1.4730 |
__________
DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
EUR/USD | December 3 | --- | --- | --- | --- | --- |
USD/JPY | December 3 | --- | --- | --- | --- | --- |
GBP/USD | December 3 | --- | --- | --- | --- | --- |
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
AUD/USD remained bid above 0.6500
AUD/USD extended further its bullish performance, advancing for the fourth session in a row on Thursday, although a sustainable breakout of the key 200-day SMA at 0.6526 still remain elusive.
EUR/USD faces a minor resistance near at 1.0750
EUR/USD quickly left behind Wednesday’s small downtick and resumed its uptrend north of 1.0700 the figure, always on the back of the persistent sell-off in the US Dollar ahead of key PCE data on Friday.
Gold holds around $2,330 after dismal US data
Gold fell below $2,320 in the early American session as US yields shot higher after the data showed a significant increase in the US GDP price deflator in Q1. With safe-haven flows dominating the markets, however, XAU/USD reversed its direction and rose above $2,340.
Bitcoin price continues to get rejected from $65K resistance as SEC delays decision on spot BTC ETF options
Bitcoin (BTC) price has markets in disarray, provoking a broader market crash as it slumped to the $62,000 range on Thursday. Meanwhile, reverberations from spot BTC exchange-traded funds (ETFs) continue to influence the market.
US economy: slower growth with stronger inflation
The dollar strengthened, and stocks fell after statistical data from the US. The focus was on the preliminary estimate of GDP for the first quarter. Annualised quarterly growth came in at just 1.6%, down from the 2.5% and 3.4% previously forecast.