Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.0888
The reversal at yesterday's low at 1.0513 set the beginning of a massive rise, all the way up to 1.0980 and current pullback should be considered corrective, preceding next leg towards 1.1100. The intraday bias is negative below 1.0896 resistance, for a possible dip to 1.0790 support. Crucial on the upside is 1.0948.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.0896 | 1.0948 | 1.1100 | 1.1310 |
| Support | 1.0790 | 1.0640 | 1.0640 | 1.0513 |
__________
- USD/JPY
Current level - 122.74
The bias here is negative below 122.80 resistance, for another slide towards 121.50.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 122.80 | 123.65 | 124.70 | 125.90 |
| Support | 122.20 | 121.50 | 121.50 | 120.00 |
__________
GBP/USD
Current level - 1.5134
The outlook here is already bullish, for a break through 1.5160, en route to 1.5330. Initial intraday support lies at 1.5070, followed by 1.4995.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.5160 | 1.5330 | 1.5330 | 1.5820 |
| Support | 1.5070 | 1.4995 | 1.4850 | 1.4730 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | December 3 | --- | --- | --- | --- | --- |
| USD/JPY | December 3 | --- | --- | --- | --- | --- |
| GBP/USD | December 3 | --- | --- | --- | --- | --- |
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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