Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.0814
Although the intraday bias is negative, my outlook is counter-trend, for a reversal and break through 1.0920 crucial high, towards 1.0984 hurdle. Support is projected at 1.0770.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.0920 | 1.0985 | 1.1060 | 1.1310 |
| Support | 1.0770 | 1.0710 | 1.0640 | 1.0513 |
__________
- USD/JPY
Current level - 118.15
The intraday bias is positive, as the pair is heading for a test of 118.80 resistance. Key support is projected at 117.40.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 118.80 | 120.20 | 120.20 | 122.30 |
| Support | 117.40 | 116.50 | 115.70 | 113.60 |
__________
GBP/USD
Current level - 1.4234
Yesterday's dip to 1.4080 signals a reversal of a higher magnitude and my outlook here is already bullish, for a break through 1.4240, en route to 1.4360 and 1.4500 later on.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4240 | 1.4365 | 1.4790 | 1.4950 |
| Support | 1.4185 | 1.4080 | 1.4000 | 1.4000 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | January 22 | BUY MKT | 1.0814 | 1.0760 | 1.0970 | --- |
| USD/JPY | January 22 | --- | --- | --- | --- | --- |
| GBP/USD | January 22 | BUY MKT | 1.4242 | 1.4140 | 1.4460 | --- |
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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