Stoyan Mihaylov
DeltaStock.com
EUR/USD Current level - 1.2313
The pair is currently testing 1.2330 resistance and an eventual violation of that zone could challenge 1.2430 resistance area. On the downside, a break through 1.2235 will trigger a sell-off towards 1.2090.
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USD/JPY Current level - 107.69
The bias is bearish, for a tight test of 107.30 support. Initial resistance lies at 108.30 and crucial on the upside is already 108.80.
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GBP/USD Current level - 1.3840
The rebound after 1.3760 low is still corrective in nature, thus preceding another leg downwards, to 1.3620. Trigger on the downside is 1.3800 low.
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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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