Stoyan Mihaylov
DeltaStock.com
EUR/USD Current level - 1.1211
Yesterday's peak at 1.1260 has finalized the consolidation pattern pattern and the bias is bearish again, for a break through 1.1175 support, en route to 1.1010 target area.
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USD/JPY Current level - 111.79
Trading remains calm in the tight range between 111.50 and 112.15 and I continue to favor a break on the upside, for a rise towards 113.20 area.
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GBP/USD Current level - 1.2919
The pair finally broke through 1.2960 support area and the outlook is bearish, for a dip to 1.2810 zone. Crucial on the upside is 1.3015 high.
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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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