Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.0868
Yesterday's slide through 1.0896 has bottomed at 1.0830 and due to the significance of 1.0800 support zone, my outlook here is bullish, for a rise towards 1.0996. Initial intraday resistance lies at 1.0896.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.0896 | 1.0996 | 1.1210 | 1.1460 |
| Support | 1.0830 | 1.0800 | 1.0800 | 1.0640 |
__________
- USD/JPY
Current level - 121.79
Te uptrend here is still intact and next major resistance is projected at 122.30. Crucial on the downside is 121.35 support and a violation of the latter will signal a slide towards 120.00 area.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 121.90 | 122.30 | 122.30 | 122.30 |
| Support | 121.35 | 120.00 | 117.50 | 116.15 |
__________
GBP/USD
Current level - 1.5390
The trading is still caught in the 1.5360-5446 range and only a break on the upside will reinstate the bullish outlook.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5446 | 1.5510 | 1.5660 | 1.5820 |
| Support | 1.5375 | 1.5283 | 1.5283 | 1.5170 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | November 5 | --- | --- | --- | --- | --- |
| USD/JPY | November 5 | --- | --- | --- | --- | --- |
| GBP/USD | November 5 | --- | --- | --- | --- | --- |
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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