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XAU/USD

Silver

USD/JPY: Bearish for 111.50 target mark

Stoyan Mihaylov DeltaStock.com

EUR/USD Current level - 1.1845

The support at 1.1830 is intact and the overall outlook remains bullish, for a rise towards 1.1940 zone. An eventual slide below 1.1830 will challenge 1.1790 support, which should provide a reliable base for the expected upswing.

resistance
intraday	intraweek
1.1890	1.1940
1.1940	1.2030

support
intraday	intraweek
1.1830	1.1660
1.1790	1.1480

resistance

intraday

intraweek

1.1890

1.1940

1.2030

support

intraday

intraweek

1.1830

1.1660

1.1790

1.1480

GBP/USD Current level - 112.10

The bias is bearish, for a slide towards 111.50. Crucial on the upside is 112.80.

resistance
intraday	intraweek
112.80	113.80
113.80	114.50

support
intraday	intraweek
112.00	111.50
111.50	107.30

resistance

intraday

intraweek

112.80

113.80

114.50

support

intraday

intraweek

112.00

111.50

107.30

GBP/USD Current level - 1.3274

Despite yesterday's sharp sell-off to 1.3120, the bullish bias has been reinstated and the outlook is positive, for a rise towards 1.3340 area. Key support is projected at 1.3220.

resistance
intraday	intraweek
1.3340	1.3340
1.3340	1.3650

support
intraday	intraweek
1.3220	1.2910
1.3120	1.2760

resistance

intraday

intraweek

1.3340

1.3650

support

intraday

intraweek

1.3220

1.2910

1.3120

1.2760

Author

Stoyan Mihaylov

DeltaStock.com

Stoyan Mihaylov, 42 years old, a Financial Analyst at Deltastock Inc, has an sixteen-year background as a senior FX Dealer, trading spot and outright forwards.

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