Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.0865
The current resistance is at 1.0987 and is followed by the level set by the trend line from December 15-th at 1.0945. The pair is expected to test 1.0795 and if successful will potentially reach 1.0740.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.0886 | 1.0905 | 1.0950 | 1.1011 |
| Support | 1.0795 | 1.0715 | 1.0795 | 1.0513 |
__________
- USD/JPY
Current level - 121.331
The unsuccessful test of the resistance level at 123.56 was followed by a sharp decline, breaking the support at 121.60. The pair is expected to be supported around 121-121.10, with upside potential towards 123.56 and eventually 124.00.
| 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 - 1.49087
The GBP/USD is expected to maintain the current negative trend if the pair is unsuccessful in breakind the resistance at 1.51. The path towards 1.4850 will be opened If the GBP/USD succussfuly breaks the support levels at 1.4890.
| 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 10 | BUY MKT | 1.0972 | 1.0780 | 1.1300 | --- |
| USD/JPY | December 10 | SELL MKT | 121.74 | 122.30 | 120.20 | --- |
| GBP/USD | December 10 | BUY MKT | 1.5185 | 1.5080 | 1.5330 | --- |
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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