- EUR/USD
Current level - 1.0848
The EUR/USD downside does not seem to be over just yet. We expect the pair to test the 1.0795 support today; a breakout there will expose 1.0715. The tendency below 1.0905 will remain negative.
Minor | Intraday | Major | Intraweek | |
Resistance | 1.0886 | 1.0905 | 1.0950 | 1.1011 |
Support | 1.0795 | 1.0790 | 1.0795 | 1.0513 |
__________
- USD/JPY
Current level - 122.48
The upward move gains momentum for the USD/JPY uptrend. The upside momentum will be preserved as far as the pair trades above 122.30.
Minor | Intraday | Major | Intraweek | |
Resistance | 123.00 | 123.46 | 123.75 | 125.27 |
Support | 122.30 | 122.10 | 122.30 | 121.36 |
__________
GBP/USD
Current level - 1.4906
The GBP/USD dip has not finished yet. Next target on the downside is 1.4890, followed by 1.4850. Our expectations will remain negative below 1.51.
Minor | Intraday | Major | Intraweek | |
Resistance | 1.4955 | 1.4990 | 1.5025 | 1.5235 |
Support | 1.4893 | 1.4850 | 1.4890 | 1.4560 |
__________
DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
EUR/USD | December 18 | --- | --- | --- | --- | --- |
USD/JPY | December 18 | --- | --- | --- | --- | --- |
GBP/USD | December 18 | --- | --- | --- | --- | --- |
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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