- EUR/USD
Current level - 1.0868
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.
Minor | Intraday | Major | Intraweek | |
Resistance | 1.0910 | 1.1060 | 1.1194 | 1.1500 |
Support | 1.0856 | 1.0770 | 1.0770 | 1.0510 |
__________
- USD/JPY
Current level - 114.29
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.
Minor | Intraday | Major | Intraweek | |
Resistance | 114.40 | 115.17 | 115.17 | 115.96 |
Support | 114.10 | 113.30 | 111.00 | 110.00 |
__________
GBP/USD
Current level - 1.3960
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.
Minor | Intraday | Major | Intraweek | |
Resistance | 1.4060 | 1.4237 | 1.4237 | 1.4400 |
Support | 1.3900 | 1.3840 | 1.3800 | 1.3650 |
__________
DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
EUR/USD | March 3 | --- | --- | --- | --- | --- |
USD/JPY | March 3 | --- | --- | --- | --- | --- |
GBP/USD | March 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
Recommended Content
Editors’ Picks
EUR/USD clings to modest gains above 1.0650 ahead of US data
EUR/USD trades modestly higher on the day above 1.0650 in the early American session on Tuesday. The upbeat PMI reports from the Eurozone and Germany support the Euro as market focus shift to US PMI data.
GBP/USD extends rebound, tests 1.2400
GBP/USD preserves its recovery momentum and trades near 1.2400 in the second half of the day on Tuesday. The data from the UK showed that the private sector continued to grow at an accelerating pace in April, helping Pound Sterling gather strength against its rivals.
Gold flirts with $2,300 amid receding safe-haven demand
Gold (XAU/USD) remains under heavy selling pressure for the second straight day on Tuesday and languishes near its lowest level in over two weeks, around the $2,300 mark in the European session. Eyes on US PMI data.
Here’s why Ondo price hit new ATH amid bearish market outlook Premium
Ondo price shows no signs of slowing down after setting up an all-time high (ATH) at $1.05 on March 31. This development is likely to be followed by a correction and ATH but not necessarily in that order.
US S&P Global PMIs Preview: Economic expansion set to keep momentum in April
S&P Global Manufacturing PMI and Services PMI are both expected to come in at 52 in April’s flash estimate, highlighting an ongoing expansion in the private sector’s economic activity.