DeltaStock - Global Forex and CFD Broker

Open a Live Account
Open a FREE Demo Account
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: 19.04.2019

EUR/USD Current level - 1.1239

The violation of 1.1250 crucial low signals a reversal of the upmove since 1.1175 lows and the bias is bearish below 1.1280, focused on 1.1175 support. 

Forex Technical Analysis on EUR/USD
resistance
intraday intraweek
1.1330 1.1450
1.1390 1.1570
support
intraday intraweek
1.1280 1.1175
1.1240 1.0860
 

USD/JPY Current level - 111.89

My outlook remains bearish against 112.15 hurdle, for a dip to 111.50 support.

Forex Technical Analysis on USD/JPY
resistance
intraday intraweek
112.15 113.20
113.20 114.50
support
intraday intraweek
111.50 108.90
110.50 107.40
 

GBP/USD Current level - 1.2997

The slide has reached 1.2960 major support and during the holidays there is a small chance of a break lower, so I favor a rebound back to 1.3060.

Forex Technical Analysis on GBP/USD
resistance
intraday intraweek
1.3120 1.3450
1.3200 1.3450
support
intraday intraweek
1.2960 1.2820
1.2960 1.2610
 

EUGERMANY30 Current level - 12243

The market will remain closed.

Forex Technical Analysis on EUGERMANY30
resistance
intraday intraweek
12150 12200
12200 12450
support
intraday intraweek
12060 10970
11960 10800
 

US30 Current level - 26572

The market will remain closed.

Forex Technical Analysis on US30
resistance
intraday intraweek
26450 26950
26950 26950
support
intraday intraweek
26250 25800
26040 25200
 
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.