Deltastock Daily FX Analysis

Deltastock

Well-known member
Aug 17, 2009
2,000
5
48
www.deltastock.com
GBP/USD Current level - 1.2766

Due to the corrective structure of the rebound above 1.2710, I favor an intraday slide , through the mentioned support, towards 1.2615 area. Crucial on the upside is 1.2810.

 

Deltastock

Well-known member
Aug 17, 2009
2,000
5
48
www.deltastock.com
EUR/USD Current level - 1.1456

The violation of 1.1500 support signals a negative bias, for a test of 1.1410 area. A break through the latter will target 1.1260 zone. Initial intraday resistance lies at 1.1500 and crucial on the upside is 1.1540.

 

Deltastock

Well-known member
Aug 17, 2009
2,000
5
48
www.deltastock.com
EUR/USD Current level - 1.1457

The outlook remains bearish, for a break through 1.1410 area, towards 1.1260. Initial intraday resistance lies at 1.1500 and crucial on the upside is 1.1540.

 

Deltastock

Well-known member
Aug 17, 2009
2,000
5
48
www.deltastock.com
USD/JPY Current level - 109.65

Intraday, there is a risk of another downswing to 109.10 support area, but the overall outlook is already positive, for a rise towards 111.45 zone.

 

Deltastock

Well-known member
Aug 17, 2009
2,000
5
48
www.deltastock.com
EUR/USD Current level - 1.1414

The violation of 1.1390 signals a completion of the downtrend since 1.1570 high and the bias is rather positive, with a risk of a rise towards 1.1490. It is still unclear if the rebound above 1.1290 is only a corrective pattern, but an eventual slide below 1.1390, to 1.1330 support will confirm such a scenario.

 

Deltastock

Well-known member
Aug 17, 2009
2,000
5
48
www.deltastock.com
EUR/USD Current level - 1.1431

My outlook here is counter-trend, for a reversal below 1.1490 and slide towards 1.1390, en route to 1.1330.


-------------------------------------------------------------------------------------------------------------------------------------------------------
GBP/USD Current level - 1.3082

The slide below 1.3135 support signals a reversal of the whole rise since 1.2830 low and the outlook is bearish, for a dip to 1.3000, en route to 1.2930. Initial intraday resistance lies at 1.3135.

 

Deltastock

Well-known member
Aug 17, 2009
2,000
5
48
www.deltastock.com
USD/JPY Current level - 108.66

The pair broke through 109.10 support and the outlook is bearish, for a continuation towards 107.70 zone. Initial resistance lies at 109.10.






GBP/USD Current level - 1.3137

Despite the neutral intraday bias, I favor a slide towards 1.3000 area. Crucial on the upside is 1.3200 hurdle.