• EUR/USD 

 

Current level - 1.1366

Forex Technical Analysis on EUR/USD


The break through 1.1390 has neutralized the uptrend from 1.1324 and the current intraday bias is negative, for a slide towards 1.1300 area.


Key Market Levels
  Minor Intraday Major Intraweek
Resistance 1.1440 1.1494 1.1494 1.1494
Support 1.1300 1.1235 1.1057 1.0820

 

 

 

 

 

 

 

 

 

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  • USD/JPY

 

Current level - 108.75

Forex Technical Analysis on USD/JPY

A minor bottom has been registered at 107.66 and a corrective pattern is underway, preceding another slide towards 105.40 zone. Initial intraday support lies at 108.50 and resistance is projected at 109.35.


Key Market Levels
  Minor Intraday Major Intraweek
Resistance 109.35 110.00 114.54 115.17
Support 108.50 107.20 108.40 105.40

 

 

 

 

 

 

 

 

 

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  • GBP/USD

 

Current level - 1.4068

Forex Technical Analysis on GBP/USD


The intraday bias is neutral, as the pair is caught in the 1.4180-1.4000 range. Minor intraday resistance lies at 1.4110.


Key Market Levels
  Minor Intraday Major Intraweek
Resistance 1.4180 1.4300 1.4513 1.4670
Support 1.4050 1.4000 1.4000 1.3824

 

 

 

 

 

 

 

 

 

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Trading Strategy
  DATE ORDER ENTRY SL TP1 TP2
EUR/USD March 31 BUY MKT 1.1333 1.1280 1.1490 ---
USD/JPY April 8 SELL LMT 109.20 110.00 106.00 ---
GBP/USD March 31 BUY MKT 1.4340 1.4280 1.4650 ---

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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