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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: 23.01.2018

EUR/USD Current level - 1.2250

Nothing interesting here, as the pair remains caught in a tight range trading below 1.2300 and I favor a dip to 1.2160 before renewal of the general rise beyond 1.2320.

Forex Technical Analysis on EUR/USD

resistance
intraday intraweek
1.2300 1.2500
1.2320 1.2500
support
intraday intraweek
1.2217 1.2090
1.2160 1.1910

USD/JPY Current level - 110.97

I favor another intraday rise to 111.50 resistance area, before renewal of the general slide towards 109.50. Key intraday support lies at 110.50.

Forex Technical Analysis on USD/JPY

resistance
intraday intraweek
111.50 112.00
112.00 113.75
support
intraday intraweek
110.50 109.50
110.20 109.50

GBP/USD Current level - 1.3963

The consolidation pattern below 1.3940 is complete and the uptrend is renewed, currently testing 1.4000 sentiment area. Next target projection lies at 1.4150. Initial intraday support is projected at 1.3940 and crucial on the downside is 1.3830.

Forex Technical Analysis on GBP/USD

resistance
intraday intraweek
1.4000 1.4000
1.4150 1.4340
support
intraday intraweek
1.3940 1.3830
1.3830 1.3611

EUGERMANY30 Current level - 13600

The bias is bullish above 13530 static support, for a continuation of the rise towards 13700 area. Crucial on the downside is 13400 low.

Forex Technical Analysis on EUGERMANY30

resistance
intraday intraweek
13600 13700
13700 14000
support
intraday intraweek
13530 13340
13400 13140

US30 Current level - 26302

The break through 26150 signals a renewal of the general uptrend, towards 26500 area. Key intraday support lies at 26150.

Forex Technical Analysis on US30

resistance
intraday intraweek
26300 26500
26500 27000
support
intraday intraweek
26150 25700
26075 25200
Stoyan Mihaylov Our Financial Analyst at Deltastock, Stoyan Mihaylov has an eight-year background as a senior FX Dealer, trading spot and outright forwards. Since May 2006, Stoyan has been providing daily, weekly and mid-term analyses on the Foreign Exchange Market. He has also been reading lectures on FX Fundamental and Technical Analyses in major Bulgarian Universities. Stoyan Mihaylov has graduated MBA in the University of Economics – Varna, Bulgaria.
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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.