• EUR/USD 


Current level - 1.0868

Forex Technical Analysis on EUR/USD


The overall bias remains bearish below 1.0910 resistance, for a possible slide towards 1.0770. Only a clear break through 1.0910 will signal, that at least a temporary low is in place.










Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.09101.10601.11941.1500
Support1.08561.07701.07701.0510

__________

  • USD/JPY

 

Current level - 114.29

Forex Technical Analysis on USD/JPY


The upmove from 112.15 low is still intact, heading towards 115.17 resistance area. Initial intraday support lies at 114.10, followed by the crucial one at 113.30.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 114.40115.17115.17115.96
Support 114.10113.30111.00110.00

__________

  • GBP/USD


Current level - 1.3960

Forex Technical Analysis on GBP/USD


Still in the consolidation pattern above 1.3840 and key resistance on the upside is projected at 1.4060. Minor intraday support lies at 1.3900 and major one is projected at 1.3650.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.40601.42371.42371.4400
Support 1.39001.38401.38001.3650

__________












Trading Strategy
DATEORDERENTRYSLTP1TP2
EUR/USDMarch 3---------------
USD/JPYMarch 3---------------
GBP/USDMarch 3--------------

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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