TRENDING:

XAU/USD

Silver

USD/JPY: Positive outlook, for 112.50

Stoyan Mihaylov DeltaStock.com

EUR/USD Current level - 1.1574

There is still a chance for one more dip towards 1.1530-10 before renewal of the upmove towards 1.1720 area. An eventual break through 1.1610 peak will signal a direct rise towards 1.1720.

resistance
intraday	intraweek
1.1610	1.1835
1.1720	1.2010

support
intraday	intraweek
1.1510	1.1300
1.1440	1.1100

resistance

intraday

intraweek

1.1610

1.1835

1.1720

1.2010

support

intraday

intraweek

1.1510

1.1300

1.1440

1.1100

USD/JPY Current level - 112.03

The support area at 111.65 managed to hold yesterday and my outlook remains positive, for a climb towards 112.50, en route to 113.50 zone.

resistance
intraday	intraweek
112.50	114.40
113.50	114.40

support
intraday	intraweek
111.65	111.65
111.40	110.40

resistance

intraday

intraweek

112.50

114.40

113.50

114.40

support

intraday

intraweek

111.65

111.40

110.40

GBP/USD Current level - 1.3165

The intraday bias is slightly positive above 1.3140, but my outlook is counter-trend, for a reversal below 1.3260 and drowning towards 1.3030 area. Crucial on the upside is 1.3260 peak.

resistance
intraday	intraweek
1.3180	1.3440
1.3295	1.3440

support
intraday	intraweek
1.3030	1.2570
1.2870	1.2570

resistance

intraday

intraweek

1.3180

1.3440

1.3295

1.3440

support

intraday

intraweek

1.3030

1.2570

1.2870

1.2570

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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