Deltastock Daily FX Analysis

[Deltastock]

Current level - 107.68

After testing precisely 108.72 resistance, the downtrend has been renewed, heading for a break through 107.40, en route to 105.70. Initial intraday resistance can be spotted at 107.97 and crucial on the upside is 108.72 high.

 

[Deltastock]

Current level - 107.93

Current rebound above 107.50 should be considered corrective in nature, preceding new slide towards 106.70. Initial intraday resistance is projected at 108.33, followed by the crucial one at 108.72.

 

[Deltastock]

Current level - 1.2670

Last week's slide from 1.2791 has been reversed at 1.2603 and current intraday bias is positive, for a rise towards 1.2820 major resistance. Initial minor resistance is projected at 1.2715 and key support on the downside lies at 1.2648.

 

[Deltastock]

Current level - 1.2692

The rise from 1.2604 is already over with yesterday's peak at 1.2768 and current intraday bias is negative, for a break through 1.2650, en route to 1.2570 key support zone. The latter should provide base for another upswing towards 1.2820 key resistance.

 

[Deltastock]

Current level - 1.5902

Yesterday's sell-off broke through 1.5950 lows, providing a clear signal, that the general downtrend has been renewed and the current outlook is bearish, for a slide towards 1.5740. Initial resistance lies at 1.5950 and crucial on the upside is 1.6020 area.

 

[Deltastock]

Current level - 1.6007

Although the intraday bias is positive above 1.5950 support, I favor a break through the mentioned level, en route to 1.5870 and 1.5740. Initial resistance lies at 1.6020, followed by 1.6134.

 

[Deltastock]

Current level - 1.6058

The overall bias here remains positive above 1.6025 intraday support, but I favor a reversal below 1.6134, for a slide towards 1.5870.

 

[Deltastock]

Current level - 1.6112

The bias here remains positive, for a break through 1.6125 high, en route to 1.6226 zone. Crucial support on the downside is projected at 1.6025.

 

[Deltastock]

Current level - 1.2810

Although the intraday bias is still positive, I favor a reversal for a slide through 1.2730 crucial support, en route to 1.2600 area.

 

[Deltastock]

Current level - 1.6085

A reversal has been confirmed at 1.6183 and the intraday bias is negative, for a slide towards 1.6025, en route to 1.5950. Crucial resistance on the upside lies at 1.6137.

 

[Deltastock]

Current level - 107.49

Current break through 107.37 resistance signals a positive bias, for a continuation of the upmove towards 108.40 zone. Crucial on the downside is 107.07.

 

[Deltastock]

Current level - 1.2648

The prolonged consolidation above 1.2612 signals, that a larger corrective phase is underway and I favor a reversal above 1.2612 low to initiate a rise towards 1.2743 resistance area. Initial intraday resistance lies at 1.2680.

 

[Deltastock]

Current level - 108.01

The consolidation pattern below 108.40 is still underway, so allow another dip towards 107.40 key support before renewal of the uptrend towards 109.19.

 

[Deltastock]

Current level - 1.2695

Yesterday's high at 1.2723 signals a reversal of the uptrend from 1.2612 and my outlook here is already bearish, for a slide through 1.2663 crucial low, en route to 1.2570.

 

[Deltastock]

Current level - 1.6124

The uptrend from 1.5993 low is still intact with a crucial level at 1.6086. My outlook here is counter-trend, for a break through the mentioned low, en route to 1.5950.

 

[Deltastock]

Current level - 1.2561

The break through 1.2720 support confirmed a reversal at 1.2770 and the severe sell-off reached a local low at 1.2553. My outlook here is already counter-trend, for a break through 1.2612 intraday resistance, en route to 1.2720 area. Crucial on the downside is 1.2500.

 

[Deltastock]

Current level - 1.2555

The pattern above 1.2540 is corrective in nature, thus preceding a break through 1.2500 low, en route to 1.2380. Initial intraday resistance lies at 1.2600, followed by the 1.2632 high.

 

[Deltastock]

Current level - 112.80

The uptrend here remains intact, well supported at 112.35 and with a crucial level at 111.85. Initial target lies at 113.30, followed by 114.50.

 

[Deltastock]

Current level - 113.23

A top has been set at 114.20 and the bias is already negative below 113.70 resistance, for a corrective slide towards 112.40 support zone. The latter should provide reliable base for renewal of the general uptrend.

 

[Deltastock]

Current level - 114.36

The corrective pattern below 114.20 failed to dip lower than 113.15 and with the current break through 113.70 the general uptrend has been renewed, heading towards 116.50 area. Key intraday support lies at 113.70.