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XAU/USD

Silver

EUR/USD: Bearish for 1.2280

Stoyan Mihaylov DeltaStock.com

EUR/USD Current level - 1.2339

The intraday bias is negative below 1.2360, with a risk of a slide towards 1.2280 area.

resistance
intraday	intraweek
1.2360	1.2560
1.2470	1.2560

support
intraday	intraweek
1.2300	1.2160
1.2260	1.2090

resistance

intraday

intraweek

1.2360

1.2560

1.2470

1.2560

support

intraday

intraweek

1.2300

1.2160

1.2260

1.2090

USD/JPY Current level - 107.61

The intraday bias is positive above 107.50, for a rise towards 108.30. Crucial is 107.25 low.

resistance
intraday	intraweek
107.77	108.30
108.30	110.40

support
intraday	intraweek
107.25	105.20
106.60	104.60

resistance

intraday

intraweek

107.77

108.30

110.40

support

intraday

intraweek

107.25

105.20

106.60

104.60

GBP/USD Current level - 1.4063

The massive sell-off has been renewed after the corrective pattern below 1.4250 and the bias is still bearish, for 1.4030 and 1.3960. Crucial on the lower frames is 1.4100 peak.

resistance
intraday	intraweek
1.4100	1.4150
1.4150	1.4280

support
intraday	intraweek
1.4030	1.3960
1.3960	1.3710

resistance

intraday

intraweek

1.4100

1.4150

1.4280

support

intraday

intraweek

1.4030

1.3960

1.3710

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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