Stoyan Mihaylov
DeltaStock.com
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.1040 | 1.1100 | 1.1100 | 1.1310 |
| Support | 1.0900 | 1.0790 | 1.0640 | 1.0513 |
- EUR/USD
Current level - 1.0990
Another test of 1.1040 high failed and the intraday bias is corrective again, supported at 1.0900. The outlook on the senior frames remains rather positive, for a rise towards 1.1100, en route to 1.1310. Key support level for the bullish scenario is 1.08.
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- USD/JPY
Current level - 121.00
The overall outlook here remains bearish, for a slide towards 120.20 support zone, en route to 118.00 area. Initial intraday resistance lies at 121.35.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 121.35 | 123.65 | 122.20 | 125.90 |
| Support | 120.20 | 120.20 | 119.40 | 118.00 |
__________
GBP/USD
Current level - 1.5140
Current pullback below 1.5242 should be considered corrective, preceding another leg upwards, to 1.5330 area. Key support on the downside is projected at 1.5090.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5185 | 1.5242 | 1.5330 | 1.5660 |
| Support | 1.5125 | 1.5090 | 1.4850 | 1.4730 |
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| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | December 10 | BUY MKT | 1.0972 | 1.0780 | 1.1300 | --- |
| USD/JPY | December 10 | SELL MKT | 121.74 | 122.30 | 120.20 | --- |
| GBP/USD | December 10 | BUY MKT | 1.5185 | 1.5080 | 1.5330 | --- |
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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