Minor | Intraday | Major | Intraweek | |
Resistance | 1.0945 | 1.0931 | 1.1100 | 1.1310 |
Support | 1.0934 | 1.0910 | 1.0640 | 1.0513 |
- EUR/USD
Current level - 1.0943
After successful overpass of the 1.0931 levels, the outlook for a rise towards 1.1100, en route to 1.1310 remains.
__________
- USD/JPY
Current level - 121.71
Support around 120.95 and 121.56. A test of the resistance around 121.80 is expected.
Minor | Intraday | Major | Intraweek | |
Resistance | 121.81 | 121.73 | 123.65 | 125.90 |
Support | 121.68 | 121.57 | 120.20 | 118.00 |
__________
GBP/USD
Current level - 1.5051
After not being able to break through the resistance of 1.5183, the pair tested the support in 1.5042 and 1.5030. The expectations are for test of the levels around 1.5160.
Minor | Intraday | Major | Intraweek | |
Resistance | 1.5183 | 1.5170 | 1.5330 | 1.5660 |
Support | 1.5042 | 1.5030 | 1.4850 | 1.4730 |
__________
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
Recommended Content
Editors’ Picks
EUR/USD hovers around 1.0700 ahead of German IFO survey
EUR/USD is consolidating recovery gains at around 1.0700 in the European morning on Wednesday. The pair stays afloat amid strong Eurozone business activity data against cooling US manufacturing and services sectors. Germany's IFO survey is next in focus.
GBP/USD steadies near 1.2450, awaits mid-tier US data
GBP/USD is keeping its range at around 1.2450 in European trading on Wednesday. A broadly muted US Dollar combined with a risk-on market mood lend support to the pair, as traders await the mid-tier US Durable Goods data for further trading directives.
Gold: Defending $2,318 support is critical for XAU/USD
Gold price is nursing losses while holding above $2,300 early Wednesday, stalling its two-day decline, as traders look forward to the mid-tier US economic data for fresh cues on the US Federal Reserve interest rates outlook.
Crypto community reacts as BRICS considers launching stablecoin for international trade settlement
BRICS is intensifying efforts to reduce its reliance on the US dollar after plans for its stablecoin effort surfaced online on Tuesday.
Three fundamentals for the week: US GDP, BoJ and the Fed's favorite inflation gauge stand out Premium
While it is hard to predict when geopolitical news erupts, the level of tension is lower – allowing for key data to have its say. This week's US figures are set to shape the Federal Reserve's decision next week – and the Bank of Japan may struggle to halt the Yen's deterioration.