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XAU/USD

Silver

EURUSD: Bullish for 1.2215 area

Stoyan Mihaylov DeltaStock.com

EUR/USD Current level - 1.2106

Yesterday's impulsive rise above 1.2000 has neutralized the negative outlook and today's climb above 1.2090 signals, that an uptrend is on the run, with an initial target at 1.2215. Crucial on the downside is 1.2010 zone.

resistance
intraday	intraweek
1.1970	1.2090
1.2000	1.2240

support
intraday	intraweek
1.1910	1.1910
1.1810	1.1715

resistance

intraday

intraweek

1.1970

1.2090

1.2000

1.2240

support

intraday

intraweek

1.1910

1.1810

1.1715

USD/JPY Current level - 111.23

The downtrend has been renewed, for a break through 111.00 area, towards 110.00-109.50.

resistance
intraday	intraweek
112.00	113.75
112.40	114.70

support
intraday	intraweek
111.00	111.00
110.00	109.50

resistance

intraday

intraweek

112.00

113.75

112.40

114.70

support

intraday

intraweek

111.00

110.00

109.50

GBP/USD Current level - 1.3573

The violation of 1.3560 crucial high signals a completion of the whole consolidation below 1.3611 and the outlook is bullish, for a break through the mentionedpeak, towards 1.3800 area.

resistance
intraday	intraweek
1.3560	1.3660
1.3610	1.3660

support
intraday	intraweek
1.3430	1.3430
1.3340	1.3300

resistance

intraday

intraweek

1.3560

1.3660

1.3610

1.3660

support

intraday

intraweek

1.3430

1.3340

1.3300

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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