DeltaStock - Global Forex and CFD Broker

Open a FREE Demo Account
Open a Live Account
DTWebDTWeb Login Live HelpLive Help
Language: English

Forex Technical Analysis

by Stoyan Mihaylov

 << May 2013 >> 
Mon Tue Wed Thu Fri Sat Sun
   
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
   
  

Date: 20.05.2013

Major Currency Pairs:   EUR/USD   USD/JPY   GBP/USD

EUR/USD

Current level - 1.2862

Forex Technical Analysis on EUR/USD

The bias on the senior frames continues to be negative, for a tight test of 1.2750 area, before reversal of the downtrend from 1.3193. Crucial on the upside is 1.2928.

resistance
intraday intraweek
1.2888 1.3070
1.2940 1.3244
support
intraday intraweek
1.2850 1.2750
1.2750 1.2650

USD/JPY

Current level - 102.65

Forex Technical Analysis on USD/JPY

Today's test of 102.00 dynamic support signals a possible reversal at 103.30 high and a clear break through 102.00 will set the focus on 101.20 and the sentiment area around 100.00.

resistance
intraday intraweek
103.30 103.60
103.60 104.20
support
intraday intraweek
102.00 100.00
101.24 98.56

GBP/USD

Current level - 1.5190

Forex Technical Analysis on GBP/USD

The intraday outlook is negative below 1.5220 resistance, for a break through 1.5150 low, en route to 1.5026.

resistance
intraday intraweek
1.5220 1.5610
1.5320 1.5840
support
intraday intraweek
1.5150 1.5190
1.5026
1.4830

These analyses are for information purposes only. They do not post a buy or sell recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources.

The forecasts made are based on technical analysis. However, Deltastock's Analyst Deptartment also takes into consideration a number of fundamental and macroeconomic factors, which we believe may impact the price moves of the observed instruments.

Deltastock AD assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person's reliance upon the information on this page. Deltastock AD shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without prior notice.

Trading Information Deltastock Accounts Trading Platforms Trading Resources

Forex

Contracts for Difference (CFDs)

Gold and Silver


Referring Party Program

White Label

Introducing Broker

Open a Delta Trading Demo

Open a MetaTrader 4 Demo

Download MetaTrader 4


Open a DT Live Account

Open a MT4 Live Account

Deposit Funds

Open a Free Demo Account

Download DT 6

User Guide

Video Tutorials


Get a Free Demo

Download MT4

Economic Calendar

Forex Technical Analysis

Forex and Index Quotes

Currency Calculator

Currency Relation

Trading Widgets


Free Forex Tools

Payment options: VISAPayment options: MastercardPayment options: Wire TransferPayment options: Skrill Home    Contact us    Legal information    Privacy    Risk warning    Site map

Risk Warning: Trading оn margin carries a high level of risk to your capital and may not be suitable for all investors. You may lose more than your initial investment! Ensure you fully understand the risks involved and seek independent advice if necessary.

The information on this site is not intended for use by, or for distribution to, any person in any country or jurisdiction, where such use or distribution would contravene the local law or regulation.

Head Office: Megapark Office Building, Area “E”, 6th Floor, 115G Tsarigradsko Shose Blvd., Sofia 1784, Bulgaria.

EU EU Regulation: Deltastock AD is fully licensed and regulated under MiFID. The company is regulated and authorised by the Financial Supervision Commission (FSC), Bulgaria, Reg. No. RG-03-0146, and registered with the Bulgarian National Bank (BNB), Reg. No. BGR00107.

Your IP Address is 54.242.188.217