TRENDING:

XAU/USD

Silver

USD/JPY: Initial resistance lies at 107.80

Stoyan Mihaylov DeltaStock.com

EUR/USD Current level - 1.1242

The return above 1.1180 signals a continuation of the corrective pattern and the intraday outlook is neutral.

resistance
intraday	intraweek
1.1285	1.1570
1.1350	1.1820

support
intraday	intraweek
1.1180	1.1110
1.1110	1.1010

resistance

intraday

intraweek

1.1285

1.1570

1.1350

1.1820

support

intraday

intraweek

1.1180

1.1110

1.1010

USD/JPY Current level - 107.62

The breach of 108.10 static support led to a slide towards 107.50 target area. Initial resistance lies at 107.80, followed by the crucial 108.30.

resistance
intraday	intraweek
107.80	109.80
108.30	112.40

support
intraday	intraweek
107.50	106.70
106.70	104.50

resistance

intraday

intraweek

107.80

109.80

108.30

112.40

support

intraday

intraweek

107.50

106.70

104.50

GBP/USD Current level - 1.2440

The rebound after 1.2380 low is corrective, but there is a risk of a spike to 1.2500 resistance area.

resistance
intraday	intraweek
1.2450	1.2580
1.2500	1.2890

support
intraday	intraweek
1.2360	1.2360
1.2220	1.2110

resistance

intraday

intraweek

1.2450

1.2580

1.2500

1.2890

support

intraday

intraweek

1.2360

1.2220

1.2110

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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