• EUR/USD 


Current level - 1.0847

Forex Technical Analysis on EUR/USD


Friday's slide broke through 1.0850 support and today's bias is negative below 1.0880 resistance, for a possible dip to 1.0770 area. 










Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.08801.09851.10601.1310
Support1.07701.07101.06401.0513

__________

  • USD/JPY

 

Current level - 121.14

Forex Technical Analysis on USD/JPY


The overall outlook here remains positive above 120.20 support, for a tight test of 122.20 resistance area. Initial intraday hurdle lies at 121.70.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 121.70122.20122.20123.70
Support 120.20119.00119.00115.70

__________

  • GBP/USD


Current level - 1.4276

Forex Technical Analysis on GBP/USD


The break through 1.4230 signals a reversal at 1.4415, but the intraday bias is positive, for a test of 1.4335 resistance. Minor intraday support is projected at 1.4230.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.43351.45001.47901.4950
Support 1.42301.41501.40801.4000

__________












Trading Strategy
DATEORDERENTRYSLTP1TP2
EUR/USDFebruary 1---------------
USD/JPYFebruary 1---------------
GBP/USDFebruary 1---------------

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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