Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.1035
The uptrend has been renewed and the pair is ready for a break through 1.1067 resistance, en route to 1.1194 target area. Initial intraday support lies at 1.0980.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.1067 | 1.1194 | 1.1194 | 1.1500 |
| Support | 1.0980 | 1.0938 | 1.0824 | 1.0770 |
__________
- USD/JPY
Current level - 112.87
The recent slide below 113.30 signals a bearish bias, for a further depreciation towards 112.10, en route to 111.00 support area.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 113.30 | 114.54 | 115.17 | 115.96 |
| Support | 112.10 | 111.00 | 111.00 | 110.00 |
__________
GBP/USD
Current level - 1.4252
Yesterday's reversal at 1.4130 signals a renewal of the uptrend, targeting 1.4400 resistance area. Initial intraday support lies at 1.4237 and crucial on the downside is 1.4130.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4285 | 1.4400 | 1.4400 | 1.4790 |
| Support | 1.4237 | 1.4130 | 1.4020 | 1.3824 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | March 8 | BUY MKT | 1.1035 | 1.0970 | 1.1190 | --- |
| USD/JPY | March 8 | SELL MKT | 112.87 | 113.50 | 111.30 | --- |
| GBP/USD | March 8 | BUY MKT | 1.4252 | 1.4160 | 1.4400 | --- |
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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