Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.0972
Still in the broad consolidation pattern below 1.1067 resistance and while 1.0910 support holds, the outlook will remain positive, for a rise towards 1.1195 area. The intraday bias is slightly negative, for a slide towards 1.0938 lows.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.1067 | 1.1194 | 1.1194 | 1.1500 |
| Support | 1.0938 | 1.0910 | 1.0824 | 1.0770 |
__________
- USD/JPY
Current level - 113.58
A reversal has been confirmed at 112.22 and the outlook is bullish above 113.10 support, for a rise towards 114.54 high.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 113.80 | 114.54 | 115.17 | 115.96 |
| Support | 113.10 | 112.22 | 111.00 | 110.00 |
__________
GBP/USD
Current level - 1.4216
The consolidation pattern is still underway, with an initial resistance at 1.4240 and key support at 1.4110-30. Although there is an intraday risk of another dip towards 1.4130, the overall outlook remains positive, for a rise towards 1.4400 area.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4285 | 1.4400 | 1.4400 | 1.4790 |
| Support | 1.4170 | 1.4130 | 1.4020 | 1.3824 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | March 10 | --- | --- | --- | --- | --- |
| USD/JPY | March 10 | --- | --- | --- | --- | --- |
| GBP/USD | March 10 | --- | --- | --- | --- | --- |
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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