- EUR/USD
Current level - 1.1302
The break through 1.1340 support has neutralized the bullish bias and the outlook is already negative, for a slide towards 1.1235 area.
Minor | Intraday | Major | Intraweek | |
Resistance | 1.1340 | 1.1494 | 1.1494 | 1.1720 |
Support | 1.1270 | 1.1234 | 1.1057 | 1.0820 |
__________
- USD/JPY
Current level - 109.61
Yesterday's break through 109.30 crucial high led to test of 110.00 resistance area and current outlook remains positive above 109.40 support, for a rise towards 110.90. Crucial on the downside is 108.80.
Minor | Intraday | Major | Intraweek | |
Resistance | 110.00 | 110.00 | 110.00 | 111.05 |
Support | 109.40 | 108.50 | 107.60 | 105.40 |
__________
GBP/USD
Current level - 1.4349
The pair struggles above 1.4330 support zone and an eventual break of that area will signal a slide towards 1.4240 hurdle.
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 21 | SELL MKT | 1.1302 | 1.1350 | 1.1240 | --- |
USD/JPY | April 21 | BUY MKT | 109.61 | 109.30 | 110.80 | --- |
GBP/USD | April 21 | SELL MKT | 1.4349 | 1.4430 | 1.4240 | --- |
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
Recommended Content
Editors’ Picks
AUD/USD eases toward 0.6500 after mixed Australian trade data
AUD/USD is seeing some fresh selling interest in the Asian session on Thursday, following the release of mixed Australian trade data. The pair has stalled its recovery mode, as the US Dollar attempts a bounce after the Fed-led sell-off.
USD/JPY rebounds above 156.00 after probable Japan's intervention-led crash
USD/JPY is staging a solid comeback above 156.00, having lost nearly 450 pips in some minutes after the Japanese Yen rallied hard on another suspected Japan FX market intervention in the late American session on Wednesday.
Gold price stalls rebound below $2,330 as US Dollar recovers
Gold price is holding the rebound below $2,330 in Asian trading on Thursday, as the US Dollar recovers in sync with the USD/JPY pair and the US Treasury bond yields, in the aftermath of the Fed decision and the likely Japanese FX intervention.
Top 3 Price Prediction BTC, ETH, XRP: Altcoins to pump once BTC bottoms out, slow grind up for now
Bitcoin reclaiming above $59,200 would hint that BTC has already bottomed out, setting the tone for a run north. Ethereum holding above $2,900 keeps a bullish reversal pattern viable despite falling momentum. Ripple coils up for a move north as XRP bulls defend $0.5000.
The FOMC whipsaw and more Yen intervention in focus
Market participants clung to every word uttered by Chair Powell as risk assets whipped around in a frenetic fashion during the afternoon US trading session.