EURUSD: Rise to continue towards 1.1870
EUR/USD Current level - 1.1793
The break through 1.1730 dynamic resistance signals a reversal of the whole downmove from 1.2090 and my outlook here is bullish, for a rise towards 1.1870 area. Initial support is found around 1.1775, followed by 1.1730 break-out area.
|
| ||||||||||||||||
|
resistance | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
intraday |
intraweek | ||||||||||||||||
|
1.1870 |
1.1870 | ||||||||||||||||
|
1.2000 |
1.2090 | ||||||||||||||||
|
support | |||||||||||||||||
|
intraday |
intraweek | ||||||||||||||||
|
1.1775 |
1.1690 | ||||||||||||||||
|
1.1730 |
1.1550 | ||||||||||||||||
USD/JPY Current level - 113.10
The failure below 114.05 crucial resistance signals a bearish outlook, for a break through 113.00 area, towards 111.60 support. Crucial on the upside is the intraday high at 113.50.
|
| ||||||||||||||||
|
resistance | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
intraday |
intraweek | ||||||||||||||||
|
113.50 |
115.50 | ||||||||||||||||
|
114.05 |
116.80 | ||||||||||||||||
|
support | |||||||||||||||||
|
intraday |
intraweek | ||||||||||||||||
|
113.00 |
111.60 | ||||||||||||||||
|
111.60 |
107.30 | ||||||||||||||||
GBP/USD Current level - 1.3150
Despite the failure at 1.3180 resistance, my outlook here is bullish above 1.3130, for a rise towards 1.3220 and 1.3340 later on.
|
| ||||||||||||||||
|
resistance | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
intraday |
intraweek | ||||||||||||||||
|
1.3180 |
1.3220 | ||||||||||||||||
|
1.3220 |
1.3340 | ||||||||||||||||
|
support | |||||||||||||||||
|
intraday |
intraweek | ||||||||||||||||
|
1.3130 |
1.3020 | ||||||||||||||||
|
1.3060 |
1.2760 | ||||||||||||||||
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.
