TRENDING:

XAU/USD

Silver

Daily Technical Analysis

Stoyan Mihaylov DeltaStock.com

EUR/USD

Current level - 1.0877

There is still a risk of an intraday bounce towards 1.0915, but the overall outlook remains bearish, for a slide towards 1.0820, en route to 1.0713. Key resistance lies at 1.0950.

resistance
intraday	intraweek
1.0915	1.1120
1.0950	1.1370

support
intraday	intraweek
1.0850	1.0820
1.0820	1.0713

resistance

intraday

intraweek

1.0915

1.1120

1.0950

1.1370

support

intraday

intraweek

1.0850

1.0820

1.0713

USD/JPY

Current level - 104.42

The intraday bias is positive above 104.00 and a break through 104.62 high will challenge 105.50 area. Crucial on the downside is 104.13 low.

resistance
intraday	intraweek
104.62	105.50
104.62	107.40

support
intraday	intraweek
104.13	100.10
103.15	99.53

resistance

intraday

intraweek

104.62

105.50

104.62

107.40

support

intraday

intraweek

104.13

100.10

103.15

99.53

GBP/USD

Current level - 1.2221

The slide from 1.2330 resistance has tested the dynamic support at 1.2180 and the intraday outlook is positive, for another upswing towards the mentioned hurdle. Trigger on the upside is 1.2257.

resistance
intraday	intraweek
1.2257	1.2794
1.2330	1.3020

support
intraday	intraweek
1.2180	1.2088
1.2135	1.2000

resistance

intraday

intraweek

1.2257

1.2794

1.2330

1.3020

support

intraday

intraweek

1.2180

1.2088

1.2135

1.2000

Author

Stoyan Mihaylov

DeltaStock.com

Stoyan Mihaylov, 42 years old, a Financial Analyst at Deltastock Inc, has an sixteen-year background as a senior FX Dealer, trading spot and outright forwards.

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