Deltastock Daily FX Analysis

[Deltastock]

Current level - 1.3656

Yesterday's sell-off was short-lived and after failing to break below 1.3524 crucial lows, the uptrend was renewed, reaching a new high at 1.3678. The bias is positive above 1.3637 support, for a rise towards 1.3731.

 

[Deltastock]

Current level - 1.3725

The outlook here remains positive, for a rise towards 1.38+ area. Initial intraday support is projected at 1.3680 and crucial on the downside is 1.3613 low.

 

[Deltastock]

Current level - 103.12

There is a minor reversal at today's high at 103.38 and my outlook here is bearish, for a slide towards 102.40 support, en route to 101.61. Crucial on the upside is 103.70.

 

[Deltastock]

Current level - 1.3767

The upmove is still intact and with the reliable support at 1.3740 the outlook here is bullish, for a tighter test of 1.3832 high. Initial support is projected at 1.3740, followed by the crucial 1.3680.

 

[Deltastock]

Current level - 102.80

Yesterday's low at 102.14 sets the final of the slide from 103.38, but the crucial resistance around 103.00 is still intact, so my outlook here is bearish, for a reversal and sell-off towards 101.60. Initial intraday support can be spotted at 102.72.

 

[Deltastock]

Date: 13.12.2013

EUR/USD

Current level - 1.3746

The recent high at 1.3811 was actually a test of the 1.3830 resistance area. The test proved to be unsuccessful, and we are now witnessing a correction. The downward movement is targeting the 1.3650 support zone. Crucial on the upside is the 1.3832 high.

 

[Deltastock]

USD/JPY

Current level - 103.05

The uptrend here is absolutely intact, with 103.70 serving as a key resistance to the upside. A success there will pave the way to 105.10. Any correction should be limited to the 101.60 support zone.

 

[Deltastock]

December 17, 2013 - Current level - 1.6313

The negative trend continued until passed the resistance 1.6360. The target is 1.6130, after breaking 1.6260.

 

[Deltastock]

GBP/USD

December 18, 2013 - Current level - 1.6283

The current rebound, after breaking through 1.6260, reached the 1.6280 - 1.6300 zone. The negative trend continued until passed the resistance 1.6360. The target is 1.6130.

 

[Deltastock]

EUR/USD

December 19, 2013 - Current level - 1.3670

The resistance at 1.38 held again and the daily close below 1.37 could trigger further bearish pressure testing 1.36 before the uptrend resumes again.

 

[Deltastock]

USD/JPY

December 20, 2013 - Current level - 104.24


The currency pair is now in a consolidation phase above the 103.95 resistance level. The outlook is positive for a test of 105.10.

 

[Deltastock]

Deltastock’s daily technical analyses will not be published from 23.12.2013 to 2.01.2014 due to the upcoming Christmas holidays.

 

[Deltastock]

Current level - 1.6577

The uptrend here is intact and current pullback below 1.6602 should be considered corrective, preceding an attack towards 1.6740. Initial support is projected at 1.6550, followed by the crucial area around 1.6450.

 

[Deltastock]

Current level - 1.3634

The slide from 1.3892 peak is still intact, currently testing 1.3620 major support. A break through that area will set the focus on 1.3520 lows. Intraday resistance lies at 1.3710.

 

[Deltastock]

Current level - 1.3610

The downtrend from 1.3893 peak remains intact, heading towards 1.3520, en route to 1.3396. Initial intraday resistance lies at 1.3624 followed by the crucial area around 1.3710.

 

[Deltastock]

Current level - 1.3616

The intraday bias is positive, but 1.3710 resistance should cap the upside, for a new wave downwards, to 1.3520, en route to 1.3395. Minor intraday resistance is projected at 1.3650.

 

[Deltastock]

Current level - 1.6416

Still in the consolidation pattern above 1.6336 low and the outlook on the senior frames remains bearish, for a slide towards 1.6240 major support. Crucial resistance on the upside is projected at 1.6470.

 

[Deltastock]

Current level - 1.3605

The intraday bias is positive after the reversal at 1.3551, but the outlook on the senior frames remains bearish, for a slide through 1.3520, en route to 1.3395. Key resistance on the upside is projected at 1.3650.

 

[Deltastock]

Current level - 1.6458

The outlook here remains negative, for a break through 1.6430 intraday support, en route to 1.6336 low and 1.6240 major hurdle. Initial resistance on the upside is projected at 1.6498.

 

[Deltastock]

Current level - 103.44

Last week's final test at 105.30 shows a clear reversal of the whole uptrend from 96.50 and the outlook here is negative, for a slide towards 102.45, en route to 101.60. Initial resistance lies at 103.90, followed by 104.60.