• EUR/USD 


Current level - 1.1168

Forex Technical Analysis on EUR/USD


The slide from 1.1375 is approaching 1.1086 major support and I favor an intraday rebound towards 1.1270 resistance area.










Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.12701.13751.14941.1500
Support1.10861.10861.09801.0770

__________

  • USD/JPY

 

Current level - 114.01

Forex Technical Analysis on USD/JPY


The reversal at 114.90 signals a negative bias, for a slide towards 113.10 support zone. Initial intraday resistance lies at 114.20.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 114.20114.90115.96115.96
Support 113.10111.60111.00110.00

__________

  • GBP/USD


Current level - 1.4494

Forex Technical Analysis on GBP/USD


The intraday outlook is positive after the test of 1.4400, for a rise towards 1.4570, en route to 1.4670.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.45651.46701.47901.4950
Support 1.43801.43301.43301.4150

__________












Trading Strategy
DATEORDERENTRYSLTP1TP2
EUR/USDFebruary 16BUY MKT1.11681.10601.1270---
USD/JPYFebruary 16SELL MKT114.01114.40113.10---
GBP/USDFebruary 16--------------

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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