Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.0948
The recent break through 1.0910 confirms a reversal at 1.0824 and the overall outlook is bullish, for a rise towards 1.1070 area. The intraday bias however is negative below 1.0980 minor resistance and initial support lies at 1.0910.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.0980 | 1.1067 | 1.1194 | 1.1500 |
| Support | 1.0910 | 1.0824 | 1.0770 | 1.0510 |
__________
- USD/JPY
Current level - 113.74
The overall outlook remains bullish above 113.30 support, with an initial resistance at 114.20. A violation of the latter will signal a rise towards 115.17 area.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 114.20 | 115.17 | 115.17 | 115.96 |
| Support | 113.30 | 112.70 | 111.00 | 110.00 |
__________
GBP/USD
Current level - 1.4163
A reversal has been confirmed at 1.3824 and the outlook is bullish, for a rise towards 1.4400 resistance area. The intraday bias is negative after the failure at 1.4237 resistance, for a slide towards 1.4110 support. A violation of the latter will challenge 1.4020 major hurdle.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4237 | 1.4400 | 1.4400 | 1.4790 |
| Support | 1.4110 | 1.4020 | 1.4020 | 1.3824 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | March 7 | --- | --- | --- | --- | --- |
| USD/JPY | March 7 | --- | --- | --- | --- | --- |
| GBP/USD | March 7 | -- | --- | --- | --- | --- |
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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