• EUR/USD 


Current level - 1.1329

Forex Technical Analysis on EUR/USD


The bias here is bullish again after yesterday's dip to 1.1160, for a rise towards 1.1494 resistance mark. Initial intraday support lies at 1.1270.










Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.13371.14941.14941.1500
Support1.12701.10851.09801.0770

__________

  • USD/JPY

 

Current level - 111.30

Forex Technical Analysis on USD/JPY


The downtrend is absolutely intact and after the break through 113.20 support, the focus is set on 110.00 sentiment area. Initial intraday resistance lies at 112.25, followed by 113.20 crucial area. 










Key Market Levels
Minor Intraday Major Intraweek
Resistance 112.25113.20113.20115.96
Support 111.00110.00110.00110.00

__________

  • GBP/USD


Current level - 1.4422

Forex Technical Analysis on GBP/USD


The intraday outlook is negative after the recent peak at 1.4565, for another slide towards 1.4330 support area. Initial intraday resistance lies at 1.4450.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.44501.45651.47901.4950
Support 1.43301.43301.43301.4150

__________












Trading Strategy
DATEORDERENTRYSLTP1TP2
EUR/USDFebruary 3BUY MKT1.09141.08501.1050---
USD/JPYFebruary 3SELL LMT120.10120.40118.90---
GBP/USDFebruary 3BUY MKT1.43981.43201.4600---

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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