Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.0915
The bounce from the bottom part of the trading range lying at 1.08 confirms the uptrend of the pair. Next target is the psychological resistance at 1.10.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.0920 | 1.0941 | 1.0950 | 1.1011 |
| Support | 1.0860 | 1.0820 | 1.0795 | 1.0513 |
__________
- USD/JPY
Current level - 121.264
The pair is heading south towards the 120.40 zone. The nearest resistance can be spotted at 122.25.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 122.25 | 122.80 | 123.75 | 125.27 |
| Support | 121.00 | 121.27 | 122.30 | 121.36 |
__________
GBP/USD
Current level - 1.4881
The downtrend here is intact and our expectations will remain negative below the 1.4950 resistance. Next target for GBP/USD is 1.4810.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5000 | 1.4887 | 1.5025 | 1.5235 |
| Support | 1.4940 | 1.4950 | 1.4890 | 1.4560 |
__________
| 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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