• EUR/USD 

Current level - 1.09486

Forex Technical Analysis on EUR/USD

The bulls were halted at 1.0980. However, we expect the psychological resistance at 1.10 to be tested again.










Key Market Levels
MinorIntradayMajorIntraweek
Resistance1.09201.09411.09501.1011
Support1.08601.08201.07951.0513

__________

  • USD/JPY

 Current level - 121.026

Forex Technical Analysis on USD/JPY


USD/JPY was trading flat in the range 120.80-121.60. A break above these levels could lead the pair toward the resistance at 123.00. 








Key Market Levels
Minor Intraday Major Intraweek
Resistance 122.25122.80123.75125.27
Support 121.00121.27122.30121.36

__________

  • GBP/USD


Current level - 1.48207

Forex Technical Analysis on GBP/USD

The pairs' downtrend remains intact and we expect further slide toward the important support at 1.4640.










Key Market Levels
Minor Intraday Major Intraweek
Resistance 1.50001.48871.50251.5235
Support 1.49401.49501.48901.4560

__________












Trading Strategy
DATEORDERENTRYSLTP1TP2
EUR/USDDecember 10BUY MKT1.09721.07801.1300---
USD/JPYDecember 10SELL MKT121.74122.30120.20---
GBP/USDDecember 10BUY MKT1.51851.50801.5330---

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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