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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: 21.05.2019

EUR/USD Current level - 1.1157

Still bearish, for a test of 1.1110, en route to 1.1015. Minor intraday resistance lies at 1.1180.

Forex Technical Analysis on EUR/USD
resistance
intraday intraweek
1.1180 1.1330
1.1275 1.1450
support
intraday intraweek
1.1110 1.1010
1.1110 1.0860
 

USD/JPY Current level - 110.15

The pullback after the initial test of 110.30 resistance was a minor one and the bias is positive, for a break beyond, towards 111.00 area.

Forex Technical Analysis on USD/JPY
resistance
intraday intraweek
110.30 113.20
111.00 114.50
support
intraday intraweek
109.50 108.50
108.50 107.40
 

GBP/USD Current level - 1.2719

The downtrend remains intact, ready for a break through 1.2690, en route to 1.2580.

Forex Technical Analysis on GBP/USD
resistance
intraday intraweek
1.2760 1.2960
1.2810 1.3170
support
intraday intraweek
1.2690 1.2690
1.2580 1.2580
 

EUGERMANY30 Current level - 12088

The violation of 12130 support signals a bearish bias, for a slide towards 11800 area. Initial resistance lies at 12130.

Forex Technical Analysis on EUGERMANY30
resistance
intraday intraweek
12130 12470
12320 12470
support
intraday intraweek
11950 11800
11805 11450
 

US30 Current level - 25782

The recent slide confirms a "double top" at 25950 and the outlook is already bearish, for a dip to 25400.

Forex Technical Analysis on US30
resistance
intraday intraweek
25950 26710
26080 26950
support
intraday intraweek
25400 25200
25200 24800
 
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.