Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.0950
The intraday bias here is bullish above 1.0900 minor support, for an attack towards 1.1060. Crucial on the downside is 1.0857 low.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.0982 | 1.1060 | 1.1060 | 1.1310 |
| Support | 1.0900 | 1.0840 | 1.0640 | 1.0513 |
__________
- USD/JPY
Current level - 116.66
The bias here is already negative after the recent reversal at 118.10, for a break through 116.50, en route to 115.70 and 113.60 later on. Intraday resistance is projected at 117.15.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 117.15 | 118.37 | 120.20 | 122.30 |
| Support | 116.50 | 115.70 | 115.70 | 113.60 |
__________
GBP/USD
Current level - 1.4152
Yesterday's peak at 1.4340 sets the final of the consolidation pattern above 1.4240 and the bias is negative, for a slide towards 1.4000 sentiment zone. Initial intraday resistance lies at 1.4240.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4240 | 1.4365 | 1.4790 | 1.4950 |
| Support | 1.4127 | 1.4000 | 1.4000 | 1.4000 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | January 20 | BUY MKT | 1.0950 | 1.0890 | 1.1050 | --- |
| USD/JPY | January 20 | SELL MKT | 116.66 | 117.20 | 113.80 | --- |
| GBP/USD | January 18 | SELL LMT | 1.4340 | 1.4400 | 1.4040 | --- |
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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