EURUSD: Bearish, for slide towards 1.1300
EUR/USD Current level - 1.1465
No change here, as the pair continues to struggle above 1.1430 support and I favor a break through the latter to initiate a slide towards 1.1300.
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resistance | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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intraday |
intraweek | ||||||||||||||||
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1.1480 |
1.1835 | ||||||||||||||||
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1.1550 |
1.2010 | ||||||||||||||||
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support | |||||||||||||||||
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intraday |
intraweek | ||||||||||||||||
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1.1430 |
1.1430 | ||||||||||||||||
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1.1300 |
1.1300 | ||||||||||||||||
USD/JPY Current level - 112.57
Yesterday's slide bottomed precisely at 111.90 support and current rebound should be considered corrective, preceding another dip, to 111.60 zone.
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resistance | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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intraday |
intraweek | ||||||||||||||||
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112.80 |
114.40 | ||||||||||||||||
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113.50 |
114.40 | ||||||||||||||||
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support | |||||||||||||||||
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intraday |
intraweek | ||||||||||||||||
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111.90 |
111.65 | ||||||||||||||||
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111.65 |
110.40 | ||||||||||||||||
GBP/USD Current level - 1.2978
The downtrend is still underway and the outlook is bearish, for a dip to 1.2870 zone. Crucial on the upside is 1.3100 hurdle.
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resistance | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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intraday |
intraweek | ||||||||||||||||
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1.3010 |
1.3440 | ||||||||||||||||
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1.3100 |
1.3440 | ||||||||||||||||
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support | |||||||||||||||||
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intraday |
intraweek | ||||||||||||||||
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1.2950 |
1.2570 | ||||||||||||||||
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1.2870 |
1.2570 | ||||||||||||||||
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.
