Stoyan Mihaylov
DeltaStock.com
EUR/USD Current level - 1.1309
The consolidation pattern below 1.1330 signals a positive bias and with the static support at 1.1280 my outlook is bullish, for a rise towards 1.1390. The mentioned rise should be a short-lived one, followed by a drowning towards 1.1175 lows.
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USD/JPY Current level - 111.85
The intraday outlook is bearish, for a slide towards 111.50 minor support. Key resistance lies at 112.15.
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GBP/USD Current level - 1.3092
Trading remains caught in a tight range between 1.3030 and 1.3120 and my outlook is absolutely neutral.
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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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