Stoyan Mihaylov
DeltaStock.com
EUR/USD Current level - 1.1933
The rebound above 1.1910 was capped at 1.2000 area, thus confirming the bearish outlook on the senior frames for a slide towards 1.1810 and 1.1720. Intraday there is still a risk of a second leg to 1.2000 before drowning below 1.1910.
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USD/JPY Current level - 111.81
The recent reversal at 111.25 signals a finale of the downtrend from 113.40 and the intraday bias is positive, for a test of 112.00 and even 112.40 area before another attempt at 111.00.
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GBP/USD Current level - 1.3478
The rebound after 1.3480 has been a short-lived one and my outlook remains bearish, for a dip to 1.3420. Crucial on the upside is 1.3560.
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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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