TRENDING:

XAU/USD

Silver

USDJPY: Eyes on 107.30 support

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.

resistance
intraday	intraweek
1.2330	1.2540
1.2430	1.2870

support
intraday	intraweek
1.2235	1.2160
1.2160	1.2090

resistance

intraday

intraweek

1.2330

1.2540

1.2430

1.2870

support

intraday

intraweek

1.2235

1.2160

1.2090

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.

resistance
intraday	intraweek
108.30	111.90
109.70	113.40

support
intraday	intraweek
107.30	107.30
107.30	105.90

resistance

intraday

intraweek

108.30

111.90

109.70

113.40

support

intraday

intraweek

107.30

105.90

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.

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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