Stoyan Mihaylov
DeltaStock.com
- EUR/USD
Current level - 1.1363
The recent violation of 1.1340 resistance signals, that the bullish bias is intact and the pair is heading towards 1.1464 high. Initial intraday support is projected at 1.1340.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.1420 | 1.1494 | 1.1494 | 1.1720 |
| Support | 1.1340 | 1.1234 | 1.1057 | 1.0820 |
__________
- USD/JPY
Current level - 108.81
A reversal has been confirmed at 109.50 and the bias is negative, for a slide through 108.50, towards 107.60 low.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 109.50 | 110.00 | 110.00 | 111.05 |
| Support | 108.50 | 107.60 | 107.60 | 105.40 |
__________
- GBP/USD
Current level - 1.4371
The overall bias remains positive, for a rise towards 1.4514 high. Initial intraday support lies at 1.4330, followed by the crucial area at 1.4240.
| Minor | Intraday | Major | Intraweek | |
| Resistance | 1.4420 | 1.4458 | 1.4513 | 1.4670 |
| Support | 1.4330 | 1.4240 | 1.4000 | 1.3824 |
__________
| DATE | ORDER | ENTRY | SL | TP1 | TP2 | |
| EUR/USD | April 20 | BUY MKT | 1.1363 | 1.1300 | 1.1460 | --- |
| USD/JPY | April 20 | SELL MKT | 108.81 | 109.30 | 107.80 | --- |
| GBP/USD | April 20 | BUY MKT | 1.4371 | 1.4300 | 1.4500 | --- |
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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