• EUR/USD 


Current level - 1.1302

Forex Technical Analysis on EUR/USD


The break through 1.1340 support has neutralized the bullish bias and the outlook is already negative, for a slide towards 1.1235 area.










Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.13401.14941.14941.1720
Support1.12701.12341.10571.0820

__________

  • USD/JPY

 

Current level - 109.61

Forex Technical Analysis on USD/JPY

Yesterday's break through 109.30 crucial high led to test of 110.00 resistance area and current outlook remains positive above 109.40 support, for a rise towards 110.90. Crucial on the downside is 108.80.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 110.00110.00110.00111.05
Support 109.40108.50107.60105.40

__________

  • GBP/USD


Current level - 1.4349

Forex Technical Analysis on GBP/USD


The pair struggles above 1.4330 support zone and an eventual break of that area will signal a slide towards 1.4240 hurdle.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.44201.44581.45131.4670
Support 1.43301.42401.40001.3824

__________












Trading Strategy
DATEORDERENTRYSLTP1TP2
EUR/USDApril 21SELL MKT1.13021.13501.1240---
USD/JPYApril 21BUY MKT109.61109.30110.80---
GBP/USDApril 21SELL MKT1.43491.44301.4240---

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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