Stoyan Mihaylov
DeltaStock.com
Date: 24.02.2017
EUR/USD Current level - 1.0586
The intraday bias is still positive, for a tight test below 1.0630 resistance area. The latter should cap the upside, for another downswing towards 1.0450. Crucial intraday low lies at 1.0535.
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USD/JPY Current level - 112.73
The outlook here is bearish, for a slide towards 111.60 zone. Initial intraday resistance lies at 113.00 and crucial on the upside is 113.30 high.
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GBP/USD Current level - 1.2548
The bias is positive above 1.2510 minor support, for a test of 1.2610 resistance area. The latter will initiate a slide towards 1.2380 major support.
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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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