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: 21.09.2018

EUR/USD Current level - 1.1778

Finally, the pair broke through 1.1730 hurdle and the outlook is positive, for a test of 1.1835, en route to 1.2010 zone. Initial intraday support lies at 1.1730, followed by the crucial low at 1.1650.

Forex Technical Analysis on EUR/USD

resistance
intraday intraweek
1.1835 1.1835
1.1920 1.2010
support
intraday intraweek
1.1730 1.1300
1.1650 1.1100

USD/JPY Current level - 112.77

The bias is positive above 112.60, for a rise towards 113.20 en route to 114.40 zone. Crucial on the downside is 112.00 area.

Forex Technical Analysis on USD/JPY

resistance
intraday intraweek
113.20 114.40
114.40 114.40
support
intraday intraweek
112.60 111.65
112.00 110.40

GBP/USD Current level - 1.3259

My outlook remains bullish above 1.3215 support, for a test of 1.3440 area. Crucial on the downside is 1.3100 low.

Forex Technical Analysis on GBP/USD

resistance
intraday intraweek
1.3300 1.3440
1.3440 1.3440
support
intraday intraweek
1.3215 1.2570
1.3100 1.2570

EUGERMANY30 Current level - 12391

The uptrend remains intact, for a rise towards 12490 area. Initial support is projected at 12300.

Forex Technical Analysis on EUGERMANY30

resistance
intraday intraweek
12400 12890
12490 12950
support
intraday intraweek
12300 11900
12100 11690

US30 Current level - 26738

The uptrend here broke through 26480 hurdle and managed to climb beyond the all-time peak at 26700, so the bias is undoubtedly bullish, for a further rise towards 27000 sentiment zone. Initial minor support lies at 26700 and crucial on the downside is 26470.

Forex Technical Analysis on US30

resistance
intraday intraweek
26800 27000
26900 27000
support
intraday intraweek
26700 25100
26470 24900
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.