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EUR/USD: one more test of 1.1268

EUR/USD Current level - 1.1349

Yesterday the pair went up to the 1.1350 zone. The expectations are for a failed test at that level and renewal of the downside move towards 1.1268. 

Starting from 29th of November until 31st of December, the daily analyses will be published by our dealing department.

 EUR/USD

 

resistance
intradayintraweek
1.13501.1450
1.14001.1500
support
intradayintraweek
1.13001.1210
1.12601.0850
resistance
intradayintraweek
1.13501.1450
1.14001.1500
support
intradayintraweek
1.13001.1210
1.12601.0850

 

USD/JPY Current level - 112.55

The trend remains negative after the bounce from 113.70. The expectations are for a decline towards 112.22 and a slight retracement afterwards. If the break of 112.22 is successful the new target would be around 111.75. 

 

USD/JPY

 

resistance
intradayintraweek
113.65114.50
114.00116.20
support
intradayintraweek
112.50112.20
112.20111.60
resistance
intradayintraweek
113.65114.50
114.00116.20
support
intradayintraweek
112.50112.20
112.20111.60

 

GBP/USD Current level - 1.2623

We are seeing a slight optimism in the British pound. I expect an advance towards the resistance zone at 1.2690. For the bulls to take over they'll need a successful break of that level. On the contrary this could bring back the pair to the levels around 1.2550 - 1.2500.  

 

GBP/USD

 

resistance
intradayintraweek
1.26301.2880
1.26901.3030
support
intradayintraweek
1.25001.2360
1.24601.2140
resistance
intradayintraweek
1.26301.2880
1.26901.3030
support
intradayintraweek
1.25001.2360
1.24601.2140
 
 
 
 
 

Author

Stoyan Mihaylov

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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