• EUR/USD 


Current level - 1.1087

Forex Technical Analysis on EUR/USD


The pair is still trying to break through 1.1067 support and if successful, will challenge 1..0990 area. Key resistance on the upside is 1.1135 and a break there will expose 1.1217 peak.










Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.11351.12161.12161.1375
Support1.10671.09101.08201.0770

__________

  • USD/JPY

 

Current level - 113.59

Forex Technical Analysis on USD/JPY


Yesterday's reversal at 112.60 signals a positive bias, for a break through 114.13 high, en route to 115.17 resistance area. Initial support lies at 113.30.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 114.13114.54115.17115.96
Support 113.30112.22111.00110.00

__________

  • GBP/USD


Current level - 1.4118

Forex Technical Analysis on GBP/USD


The overall outlook remains bearish, for a slide towards 1.4020 support zone. Initial intraday resistance lies at 1.4137, followed by the key area at 1.4250.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.42501.43161.44001.4790
Support 1.40801.40201.40201.3824

__________












Trading Strategy
DATEORDERENTRYSLTP1TP2
EUR/USDMarch 16---------------
USD/JPYMarch 16---------------
GBP/USDMarch 16---------------

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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