- EUR/USD
Current level - 1.1116
Yesterday's extreme volatility led to a massive rise after 1.0820 low, all the way up to 1.1216 intraday peak. Current pullback should be considered corrective and the outlook is bullish above 1.1067 support, for another leg upwards, to 1.1375.
Minor | Intraday | Major | Intraweek | |
Resistance | 1.1155 | 1.1216 | 1.1216 | 1.1375 |
Support | 1.1067 | 1.0910 | 1.0820 | 1.0770 |
__________
- USD/JPY
Current level - 113.77
My outlook here is counter-trend, for a reversal of the rise and slide towards 112.22 support, en route to 111.00 area.
Minor | Intraday | Major | Intraweek | |
Resistance | 113.80 | 114.54 | 115.17 | 115.96 |
Support | 113.30 | 112.22 | 111.00 | 110.00 |
__________
GBP/USD
Current level - 1.4259
The bias here is bullish above 1.4238 minor support, for a rise towards 1.4400 area. Crucial on the downside is 1.4115 low.
Minor | Intraday | Major | Intraweek | |
Resistance | 1.4316 | 1.4400 | 1.4400 | 1.4790 |
Support | 1.4238 | 1.4110 | 1.4020 | 1.3824 |
__________
DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
EUR/USD | March 11 | BUY LMT | 1.1110 | 1.1020 | 1.1350 | --- |
USD/JPY | March 11 | SELL MKT | 113.77 | 114.60 | 111.20 | --- |
GBP/USD | March 11 | BUY MKT | 1.4259 | 1.4190 | 1.4400 | --- |
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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