Deltastock Daily FX Analysis

[Deltastock]

EUR/USD
Current level - 1.1167

The uptrend is intact, ready for a break through 1.1190 resistance, towards 1.1430. Initial support lies at 1.1120, followed by 1.1040.

 

[Deltastock]

EUR/USD
Current level - 1.1209

The outlook remains positive after the break through 1.1190, for a continuation of the rise towards 1.1300, en route to 1.1430. Initial intraday support lies at 1.1190, followed by 1.1120.

 

[Deltastock]

GBP/USD
Current level - 1.3285

The pair is ready for a break through 1.3280 support, en route to 1.3160 lows. Initial intraday resistance lies at 1.3370.

 

[Deltastock]

GBP/USD
Current level - 1.3125

Yesterday's break through 1.3280 support led to a massive slide all the way down to 1.3100 and today's bias remains bearish below 1.3160, for a dip to 1.3057.

 

[Deltastock]

EUR/USD
Current level - 1.1085

Last week's break through 1.1120 led to a precise test at 1.1040 and the outlook remains bearish, for a slide towards 1.0950. Initial resistance lies at 1.1120 and crucial on the upside is 1.1160.

 

[Deltastock]

GBP/USD
Current level - 1.2984

The downtrend is still intact, heading towards 1.2900, en route to 1.2794 low.

 

[Deltastock]

EUR/USD
Current level - 1.1144

The intraday bias is positive after the break through 1.1120 and a violation of 1.1160 resistance will challenge 1.1230 area. Initial support lies at 1.1120, followed by 1.1040.

 

[Deltastock]

USD/JPY
Current level - 101.20

The outlook is unchanged and negative below 101.70 resistance, for a slide towards 100.60 low.

 

[Deltastock]

USD/JPY
Current level - 102.14

USD/JPY continues to move withing the 100.70 - 102.80 range. Possible break and movement toward the 103.96 resistance.

 

[Deltastock]

USD/JPY
Current level - 101.34

USD/JPY continues to move withing the 100.70 - 102.80 range. Possible break and movement toward the 103.96 resistance.

 

[Deltastock]

EUGERMANY30
Current level - 10728

With the 10700 resistance breached, 10880 is the next target in front of the German benchmark.

 

[Deltastock]

US30
Current level - 18559

Our expectations for a continuation of the positive trend towards the 19000 psychological level remain intact. The support at 18370 remains intact.

 

[Deltastock]

US30
Current level - 18564

Our expectations for a continuation of the positive trend towards the 19000 psychological level remain intact. The support at 18370 remains intact.

 

[Deltastock]

EUR/USD
Current level - 1.1330

The EUR/USD brake through the 1.1230 determined the direction towards 1.1430. A daily close above the level of 1.1380 resistance will strengthen the positive trend.

 

[Deltastock]

USD/JPY
Current level - 100.79

USD/JPY managed to break under the key support level at 100.00. Another failure to go under the intraday support at 99.20 will send the pair back toward the 100.00 – 102.70 trading range.

 

[Deltastock]

EUR/USD
Current level - 1.13323

The pair was able to break through the resistance at 1.1320, heading towards 1.1360. If the break of 1.1360 is successful, the expectations are for a move towards 1.1400.

 

[Deltastock]

EUGERMANY30
Current level - 10575

The German benchmark could not continue the positive impulse that led to a breakthrough of the 10700 level, but at the same time could not stay below the support zone of 10480. The trend is positive and we expect that the index will test the 10800 level and if successful will continue the upward momentum.

 

[Deltastock]

USD/JPY
Current level - 100.44

The near term direction of the USD/JPY pair is negative. Possible failure to go under the intraday support at 99.50 could send the pair back toward the 100.50 – 102.70 trading range.

 

[Deltastock]

EUR/USD
Current level - 1.1290

The unsuccessful test of the 1.1360 resistance sets a bearish bias for the EUR/USD next move. We anticipate that the pair will head south to the 1.1230 support and 1.1050 next. First important resistance is the 1.1360-80 zone.

 

[arigoldman]

Thanks for the analysis, helpful!