Stoyan Mihaylov
DeltaStock.com
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.
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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.
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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.
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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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