• EUR/USD 

Current level - 1.0874

Forex Technical Analysis on EUR/USD


Yesterday's rise peaked below 1.0945 resistance area and current pullback should be considered corrective, preceding another leg upwards, to 1.1060. Initial intraday support lies at 1.0840.










Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.09451.10601.10601.1310
Support1.08401.07101.06401.0513

__________

  • USD/JPY

 

Current level - 118.35

Forex Technical Analysis on USD/JPY


Today's rebound above 117.31 is a minor corrective pattern, preceding another slide towards 116.20 low. Initial resistance lies at 118.80, followed by the key hurdle at 120.20.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 118.80120.20120.20122.30
Support 117.35116.20116.20116.20

__________

  • GBP/USD


Current level - 1.4613

Forex Technical Analysis on GBP/USD


The intraday bias is positive above 1.4600 minor support, for a break through 1.4640, en route to 1.4790.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.46401.47901.49501.5330
Support 1.46001.45351.45351.4240

__________












Trading Strategy
DATEORDERENTRYSLTP1TP2
EUR/USDJanuary 6SELL MKT1.07331.07901.0650---
USD/JPYJanuary 4SELL MKT118.99119.70118.10---
GBP/USDJanuary 6SELL MKT1.46521.47301.4580---

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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