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XAU/USD

Silver

EUR/USD: Back again towards 1.1350

Stoyan Mihaylov DeltaStock.com

EUR/USD Current level - 1.1274

The climb above 1.1250 shows a reversal of the downmove from 1.1347 and the bias is positive, for a test of the mentioned peak. Initial support lies at 1.1250.

resistance
intraday	intraweek
1.1300	1.1450
1.1350	1.1450

support
intraday	intraweek
1.1250	1.1110
1.1180	1.1010

resistance

intraday

intraweek

1.1300

1.1450

1.1350

1.1450

support

intraday

intraweek

1.1250

1.1110

1.1180

1.1010

USD/JPY Current level - 107.63

The pair has left the consolidation range on the downside and the bias is bearish, for a slide towards 106.70.

resistance
intraday	intraweek
107.80	109.90
108.70	112.40

support
intraday	intraweek
106.70	106.70
106.70	104.50

resistance

intraday

intraweek

107.80

109.90

108.70

112.40

support

intraday

intraweek

106.70

104.50

GBP/USD Current level - 1.2692

The violation of 1.2650 signals a major reversal and a break through 1.2760 crucial high will confirm a completion of the whole downtrend since 1.3380 peak. The bias is positive above 1.2650, for 1.2760 and 1.2810.

resistance
intraday	intraweek
1.2760	1.2890
1.2810	1.3170

support
intraday	intraweek
1.2650	1.2503
1.2600	1.2420

resistance

intraday

intraweek

1.2760

1.2890

1.2810

1.3170

support

intraday

intraweek

1.2650

1.2503

1.2600

1.2420

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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