Deltastock Daily FX Analysis

[Deltastock]

Current level - 1.3412

Today's break above 13409 resistance signals, that the uptrend has been renewed and my outlook here is positive, for a rise towards 1.3530. Initial support is projected at 1.3390-3400 and crucial on the downside is 1.3350.

 

[Deltastock]

Current level - 1.5715

Friday's test of 1.5810 resistance area failed and the downtrend here continues to be intact, targeting 1.5610 zone. Initial intraday resistance can be spotted at 1.5752 and crucial on the upside is 1.5826 high.

 

[Mr. Crabs]

Current level - 1.5715

Friday's test of 1.5810 resistance area failed and the downtrend here continues to be intact, targeting 1.5610 zone. Initial intraday resistance can be spotted at 1.5752 and crucial on the upside is 1.5826 high.

USD / HKD had a nice rally today, looks like it's in to consolidate; it just reversed from the top, anyone have an opinion about shorting the USD / HKD intra-day for a couple pips?

 

[Deltastock]

Current level - 1.3452

Still in the range after 1.3479 high and I continue to expect a dip to 1.3380-90 support area before renewal of the overall uptrend towards 1.3650.

 

[Deltastock]

Current level - 1.3494

The recent low at 1.3413 sets an end of the consolidation pattern after 1.3479 and the uptrend here is renewed, targeting 1.3650 area. Initial intraday support is projected at 1.3460 break-out level.

 

[Deltastock]

Current level - 1.5817

The upmove from 1.5673 is still underway, targeting 1.5900 resistance area. Key support on the downside is 1.5760 and crucial is 1.5726 low.

 

[Deltastock]

Current level - 1.3632

Yesterday's corrective pattern ended at 1.3540 low and the uptrend has been renewed, targeting 1.3780 area. The intraday bias is positive as well, with a key support at 1.3590 and crucial on the downside is 1.3540.

 

[Deltastock]

Current level - 1.5743

The intraday bias here is positive, for a rise towards 1.5850-60 area before another downswing for a test of 1.5673 low.

 

[Mr. Crabs]

EUR / GBP had a solid rip today, looks like it's beginning to pullback. GBP / USD accumulating near support during consolidation after the rip it pulled this morning. GBP could turn a very strong bounce today. Once those shorts turn into buys we could see 100+ pips quick. The trend reversal hasn't completed left so there is definitely time.

 

[Deltastock]

Current level - 1.5638

The local peak at 1.5802 signals, that the consolidation pattern above 1.5673 low is already over and the outlook here is bearish, for a slide towards 1.5470. Initial resistance is projected at 1.5670-80 and crucial on the upside is 1.5800.

 

[Deltastock]

Current level - 1.3417

Yesterday's sell-off bottomed at 1.3371, but the rebound is by all means a corrective one, so my outlook is bearish again, for a slide towards 1.3260 support zone. Initial resistance is projected at 1.3470 and crucial on the upside is 1.3577 high.

 

[Deltastock]

Current level - 93.01

My outlook here remains negative below 93.20-30 resistance area, for a slide towards 91.40. Crucial on the upside is 93.75 high.

 

[Mr. Crabs]

USD / JPY got an alert about a reversal, it looks as if it is correct considering the top has been confirmed and their is heavy resistance on the upside. I assume shorts are loading up while longs through the quarter are getting ready to sell if they haven't already

 

[Deltastock]

Current level - 1.5606

Recent break below 1.5630 signals, that the corrective rebound is already over with last week's peak at 1.5844 and the outlook here is negative, for a slide towards 1.5470. Initial resistance is projected at 1.5630 and crucial on the upside is 1.5680.

 

[Deltastock]

Current level - 1.5638

Although the rebound from 1.5570 low manged to break through 1.5630 resistance, I think, that the downtrend is still intact and my outlook is bearish, for a slide towards 1.5470. Initial intraday resistance is projected at 1.5680 and first support on the downside is 1.5630.

 

[Deltastock]

Current level - 1.3402

A reversal has been confirmed at 1.3520 after yesterday's break below 1.3438 and my outlook here is negative, for a slide towards 1.3260 major support area. Key intraday resistance is projected at 1.3425.

 

[Deltastock]

Current level - 92.54

The outlook here remains bearish as the pair is currently consolidating above 92.26 low and I favor a break through 92.16 to set the focus on 91.40 support zone. Crucial on the upside is 93.13 high.

 

[Deltastock]

Current level - 1.5480

The bias here remains bearish, for a slide towards 1.5390. Crucial on the upside is 1.5550 high.

 

[Deltastock]

Current level - 1.3353

The outlook here is still bearish as the pair is heading for a tight test of 1.3260 major support. I favor a reversal around the mentioned level to signal, that the whole corrective pattern since 1.3710 is over. Key resistance on the upside is 1.3425.

 

[Deltastock]

Current level - 1.3417

Several tests above 1.3305 have failed and this signals, that a reversal process is underway, so my outlook here is bullish, for a break through 1.3520, en route to 1.3710. Key intraday support is projected at 1.3370-80.