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Инвестиционен посредник в България с най-висок рейтинг за 2017 г.
Инвестиционен посредник в България с най-висок рейтинг за 2017 г.

Daily Technical Analysis

by Stoyan Mihaylov



Date: 25.04.2018

EUR/USD Current level - 1.2207

The resistance at 1.2250 is able to cap the upside, for another leg downwards, to 1.2090 major static support.

Forex Technical Analysis on EUR/USD

resistance
intraday intraweek
1.2250 1.2412
1.2335 1.2560
support
intraday intraweek
1.2160 1.2160
1.2090 1.2090

USD/JPY Current level - 109.14

The overall outlook remains positive, for a break though 109.20, towards 110.20.

Forex Technical Analysis on USD/JPY

resistance
intraday intraweek
109.20 110.20
110.20 111.90
support
intraday intraweek
108.30 106.60
107.90 104.60

GBP/USD Current level - 1.3962

The recent rebound should be considered corrective, preceding another leg downwards, to 1.3780. Initial intraday resistance lies at 1.3980-90.

Forex Technical Analysis on GBP/USD

resistance
intraday intraweek
1.3980 1.4280
1.4150 1.4280
support
intraday intraweek
1.3880 1.3780
1.3780 1.3710

EUGERMANY30 Current level - 12446

The slide through 12460 has confirmed a local top at 12650 and the bias is negative, for a dip to 12260.

Forex Technical Analysis on EUGERMANY30

resistance
intraday intraweek
12470 12740
12650 12840
support
intraday intraweek
12380 12200
12260 12070

US30 Current level - 24002

The massive sell-off at 24630 peak broke through 24320 low and the outlook is bearish, for a further slide towards 23400 area. Intraday allow a corrective rebound towards 24200 and key resistance lies at 24320.

Forex Technical Analysis on US30

resistance
intraday intraweek
24200 24850
24320 25510
support
intraday intraweek
23800 23350
23350 23090
Stoyan Mihaylov Deltastock’s technical analyses are provided by Stoyan Mihaylov, a financial analyst with a 15-year background as a senior FX Dealer, trading spot and outright forwards. Since 2006 Stoyan has been providing daily, weekly and mid-term analyses on major Forex pairs and Indices. He is a regular lecturer at the company’s seminars and online trainings and also teaches FX Fundamental and Technical Analyses at major Bulgarian universities.

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.