Deltastock Daily FX Analysis

[Deltastock]

Current level - 1.6744

The recent acceleration of the uptrend reached a local peak at 1.6821 and current slide should be considered corrective, heading for a test of 1.6670 support zone. Initial intraday resistance is projected at 1.6765.

 

[Deltastock]

Current level - 102.43

Yesterday's rise from 101.36 peaked at 102.73 and the intraday outlook is already bearish, for a break through the crucial support at 102.15, en route to 100.70.

 

[Deltastock]

Current level - 1.6666

Yesterday's rebound above 1.6654 low failed to break through 1.6740 crucial resistance and there is a risk of a deeper drowning towards 1.6580 area before renewal of the general uptrend beyond 1.6821. Crucial on the upside is 1.6740.

 

[ajpipsmaker]

Well, I doubt that we can see the GBPUSD pair above 1.6821 this week. It is only possible if the fed comes out dovish, which I think is very less likely. A break above the 1.6744 level may renew the uptrend for sure. And, a break below 1.6640 may call for further losses in the pair.

 

[Deltastock]

Current level - 1.3712

The key support at 1.3680 is still intact and currently it guards the positive outlook on the 4h. frame, for a rise through 1.3770. The intraday bias however is negative below 1.3725 minor resistance.

 

[Deltastock]

Current level - 1.6634

Today's spike-low to 1.6597 is probably the last downswing of the consolidation pattern below 1.6821 high and my outlook here is already bullish, for a break through the minor resistance at 1.6652 and through the crucial 1.6724, en route to 1.6821.

 

[Deltastock]

Current level - 1.6670

The intraday bias is positive after the precise test of 1.6580 support zone and I expect a break through 1.6724, for a rise towards 1.6821.

 

[Deltastock]

Current level - 1.3686

Yesterday's sharp sell-off from 1.3756 broke through 1.3680 crucial support, signaling a reversal at 1.3772. The intraday bias is negative below 1.3710, for a slide towards next major support around 1.3550.

 

[Deltastock]

Current level - 1.3780

Friday's break through 1.3727 resistance unleashed a severe rise all the way up to 1.3823, signaling, that the uptrend on the senior frames has been renewed, towards 1.4000 sentiment area. Key intraday support is projected at 1.3726 and initial resistance lies at 1.3792.

 

[Deltastock]

Current level - 1.3753

Yesterday's slide from 1.3823 high is still limited above 1.3725 support, and my outlook here is bullish, for a break through the crucial 1.3790 resistance, en route to 1.3893. Crucial on the senior frames is 1.3640 low.

 

[Deltastock]

Current level - 1.3722

Nothing interesting here, as the bias remains bearish with a crucial level 1.3781 and initial support at 1.3690. Only a clear break through 1.3781 will signal a renewal of the positive outlook for 1.3893 high.

 

[Deltastock]

Current level - 1.3869

Yesterday's break through 1.3781 initiated a strong impulse and the pair is already testing 1.3893 resistance area. My outlook is bullish, for another leg upwards, to 1.4000 sentiment zone. Initial minor support is projected at 1.3854, followed by the key level at 1.3825.

 

[Deltastock]

Current level - 1.6701

The intraday bias is negative after the recent peak at 1.6786, for a break through the dynamic support at 1.6680, en route to 1.6580. Crucial on the upside is 1.6740 high.

 

[Deltastock]

Current level - 1.3853

The consolidation pattern after 1.3914 peak is still underway and the intraday bias is negative, for a slide towards 1.3820 key support area. The latter should provide reliable support for the next leg upwards, to 1.4000 sentiment area.

 

[Deltastock]

Current level - 1.6614

The recent slide to 1.6595 was a test of 1.6580 support zone, but the lack of a significant rebound so far signals, that the bias remains negative, for another leg downwards, to 1.6480 before major reversal. Crucial intraday resistance lies at 1.6653.

 

[Deltastock]

Current level - 1.6650

Yesterday's slide to 1.6565 was the final part of the downtrend from 1.6786 and the bias here is already bullish above 1.6633 support, for a rise towards 1.6821. Minor intraday resistance is projected at 1.6703.

 

[Deltastock]

Current level - 1.6611

The reversal at 1.6716 signals a rapid change in the bullish sentiment and current intraday outlook is bearish below 1.6650 minor resistance, for a slide towards 1.6475 support.

 

[Deltastock]

Current level - 1.6637


The pair is in a ranging mode above 1.6567 low, so allow one more upswing to 1.6700 before drowning towards 1.6475 support zone.

 

[Deltastock]

Current level - 1.6612

Current rebound above 1.6542 low should be considered corrective in nature, thus preceding another leg downwards, to 1.6475. Initial minor resistance lies at 1.6565 and crucial on the upside is 1.6716.

 

[Deltastock]

Current level - 1.6485

There is no rebound above 1.6474 dynamic support, so my outlook on the senior frames here is bearish, for a continuation of the slide towards 1.6240. Major resistance on the upside lies around 1.6550-60.