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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: 19.12.2018

EUR/USD Current level - 1.1385

A new test of 1.1400 and 1.1440 is expected.  First support is 1.1340 followed by 1.1270.


Starting from 29th of November until 31st of December, the daily analyses will be published by our dealing department.

Forex Technical Analysis on EUR/USD

resistance
intraday intraweek
1.1350 1.1450
1.1400 1.1500
support
intraday intraweek
1.1300 1.1210
1.1260 1.0850

USD/JPY Current level - 112.31

The trend remains negative after the bounce from 113.70. The expectations are for a decline towards 112.22 and a slight retracement afterwards. If the break of 112.22 is successful the new target would be around 111.75. 


Forex Technical Analysis on USD/JPY

resistance
intraday intraweek
113.65 114.50
114.00 116.20
support
intraday intraweek
112.50 112.20
112.20 111.60

GBP/USD Current level - 1.2674

We are seeing a slight optimism in the British pound. I expect a new test of the resistance zone at 1.2700. For the bulls to take over they'll need a successful break of that level. On the contrary this could bring back the pair to the levels around 1.2550 - 1.2500.  


Forex Technical Analysis on GBP/USD

resistance
intraday intraweek
1.2630 1.2880
1.2690 1.3030
support
intraday intraweek
1.2500 1.2360
1.2460 1.2140

EUGERMANY30 Current level - 10747

The retracement seems complete and the chances are for renewal of the down trend. The expectations are for a decline and test of the minimum at 10584.


Forex Technical Analysis on EUGERMANY30 

resistance
intraday intraweek
10890 11040
10950 11250
support
intraday intraweek
10700 10500
10585 10300

US30 Current level - 23725

The general trend remains negative. It's possible a slight correction to happen towards 2400 and then a renewal of the trend with target at 23350.  The first resistance is 23850.


Forex Technical Analysis on US30

resistance
intraday intraweek
23880 24800
24200 25200
support
intraday intraweek
23500 23200
23200 23100
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.