Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.1478
The uptrend is intact, heading for a test of 1.1494 peak and a break through the latter will expose challenge last year's high at 1.1720.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.1494 | 1.1610 | 1.1494 | 1.1720 |
| Support | 1.1433 | 1.1370 | 1.1370 | 1.1217 |
__________
- USD/JPY
Current level - 106.38
The downtrend broke through 107.60 low and the bias remains bearish, for a slide towards 105.40 support zone. Initial resistance lies at 107.00, followed by the crucial area around 107.60.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 107.00 | 107.60 | 107.60 | 109.90 |
| Support | 106.10 | 105.40 | 105.40 | 105.40 |
__________
-
GBP/USD
Current level - 1.4540
Despite yesterday's short-lived dip to 1.4470, the overall bias remains bullish, for a rise towards 1.4670, en route to 1.4785. Initial intraday support lies at 1.4514.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4670 | 1.4785 | 1.4670 | 1.4785 |
| Support | 1.4514 | 1.4400 | 1.4300 | 1.4000 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | April 28 | BUY MKT | 1.1330 | 1.1270 | 1.1450 | --- |
| USD/JPY | April 28 | SELL MKT | 108.90 | 109.60 | 107.70 | --- |
| GBP/USD | April 28 | BUY MKT | 1.4540 | 1.4500 | 1.4660 | 1.4770 |
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 regains traction, recovers above 1.0700
EUR/USD regained its traction and turned positive on the day above 1.0700 in the American session. The US Dollar struggles to preserve its strength after the data from the US showed that the economy grew at a softer pace than expected in Q1.
GBP/USD returns to 1.2500 area in volatile session
GBP/USD reversed its direction and recovered to 1.2500 after falling to the 1.2450 area earlier in the day. Although markets remain risk-averse, the US Dollar struggles to find demand following the disappointing GDP data.
Gold climbs above $2,340 following earlier drop
Gold fell below $2,320 in the early American session as US yields shot higher after the data showed a significant increase in the US GDP price deflator in Q1. With safe-haven flows dominating the markets, however, XAU/USD reversed its direction and rose above $2,340.
XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger
Ripple extends decline to $0.52 on Thursday, wipes out weekly gains. Crypto expert asks Ripple CTO how the stablecoin will benefit the XRP Ledger and native token XRP.
After the US close, it’s the Tokyo CPI
After the US close, it’s the Tokyo CPI, a reliable indicator of the national number and then the BoJ policy announcement. Tokyo CPI ex food and energy in Japan was a rise to 2.90% in March from 2.50%.