Stoyan Mihaylov
DeltaStock.com
EUR/USD Current level - 1.1193
The intraday bias is bearish, as the market awaits FOMC's decision later today. Initial target lies at 1.1110 low and crucial on the upside is 1.1250.
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USD/JPY Current level - 108.32
The outlook here remains neutral within the 109.05-107.70 range.
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GBP/USD Current level - 1.2556
There is a minor reversal at 1.2500 and although there is a risk of a further rebound to 1.2600 area, the bias is negative, for a final dip to 1.2420 area. Initial minor resistance lies at 1.2570. Key hurdle on the senior frame is 1.2650.
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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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