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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: 20.07.2018

EUR/USD Current level - 1.1668

The outlook is already bullish, for a break through 1.1690, towards 1.1750 and 1.1790.

Forex Technical Analysis on EUR/USD

resistance
intraday intraweek
1.1690 1.1750
1.1750 1.1830
support
intraday intraweek
1.1620 1.1510
1.1570 1.1300

USD/JPY Current level - 112.29

The sell-off after 113.18 peak shows a reversal of the upmove since 109.30 and the intraday bias is bearish below 112.60, for a slide towards 111.40. 

Forex Technical Analysis on USD/JPY

resistance
intraday intraweek
112.60 114.50
113.20 114.50
support
intraday intraweek
112.10 111.40
111.40 109.30

GBP/USD Current level - 1.3032

The reversal at 1.2960 signals a corrective rebound is underway, for a test around 1.3100.

Forex Technical Analysis on GBP/USD

resistance
intraday intraweek
1.3100 1.3460
1.3190 1.3620
support
intraday intraweek
1.2960 1.2960
1.2870 1.2770

EUGERMANY30 Current level - 12656

The failure at 12780 led to a slide below 12700 and the index is heading for a test of 12600 zone. My outlook is rather counter-trend, for a renewal of the positive upmove, towards 12780 hurdle.

Forex Technical Analysis on EUGERMANY30

resistance
intraday intraweek
12700 12780
12780 12930
support
intraday intraweek
12600 12400
12500 12100

US30 Current level - 25019

Yesterday's reversal at 25215 signals a negative bias, for a dip to 24800 support area. Initial intraday resistance lies at 25040 and crucial on the upside is 25120 peak.

Forex Technical Analysis on US30

resistance
intraday intraweek
25120 25400
25215 25400
support
intraday intraweek
24980 24000
24800 23800
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.