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.
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USD/JPY Current level - 111.23
The downtrend has been renewed, for a break through 111.00 area, towards 110.00-109.50.
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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.
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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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