• EUR/USD 


Current level - 1.0634

Forex Technical Analysis on EUR/USD

A reversal has been confirmed at 1.0690 peak and the bias is already bearish, for a break through 1.0590 low, towards 1.0520 area. 










Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.06901.07501.08961.1100
Support1.05901.05201.05201.0460

__________

  • USD/JPY

 

Current level - 122.51

Forex Technical Analysis on USD/JPY


The slide from 123.25 has bottomed at 122.20 low and my outlook here is already counter-trend, for a break through 122.65 intraday resistance, en route to 123.65 area.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 122.65123.65123.65125.90
Support 122.20122.00121.40120.00

__________

  • GBP/USD


Current level - 1.5090

Forex Technical Analysis on GBP/USD


The downtrend is still intact, heading for a tight test of 1.5030 daily low. Crucial on the upside is 1.5160.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.51601.52501.53601.5820
Support 1.50201.50201.50001.4840

__________












Trading Strategy
DATEORDERENTRYSLTP1TP2
EUR/USDNovember 25SELL MKT1.06341.06901.0530---
USD/JPYNovember 25BUY MKT122.51122.10123.50---
GBP/USDNovember 23SELL MKT1.51501.52601.5030---

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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