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XAU/USD

Silver

USD/JPY: Expect another slide, to 105.90

Stoyan Mihaylov DeltaStock.com

EUR/USD Current level - 1.2360

The intraday bias is positive above 1.2330, with a risk of another leg upwards, to 1.2435 zone. The latter should cap the upside for a renewal of the general slide towards 1.2090.

resistance
intraday	intraweek
1.2435	1.2540
1.2540	1.2870

support
intraday	intraweek
1.2330	1.2160
1.2210	1.2090

resistance

intraday

intraweek

1.2435

1.2540

1.2870

support

intraday

intraweek

1.2330

1.2160

1.2210

1.2090

USD/JPY Current level - 107.44

Current rebound after 106.83 low is corrective in nature, thus preceding another leg downwards, to 105.90 zone. Key resistance is projected around 108.00-25.

resistance
intraday	intraweek
108.30	111.90
109.70	113.40

support
intraday	intraweek
106.85	105.90
105.90	105.90

resistance

intraday

intraweek

108.30

111.90

109.70

113.40

support

intraday

intraweek

106.85

105.90

GBP/USD Current level - 1.3889

Intraday allow a brief bounce to 1.3990 area, before drowning towards 1.3760 low, en route to 1.3620 zone.

resistance
intraday	intraweek
1.3900	1.4090
1.3985	1.4174

support
intraday	intraweek
1.3800	1.3730
1.3620	1.3620

resistance

intraday

intraweek

1.3900

1.4090

1.3985

1.4174

support

intraday

intraweek

1.3800

1.3730

1.3620

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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