Current level – 1.1798

The intraday bias is positive above 1.1780 static support, but my outlook is rather counter-trend, for a reversal and another downswing towards 1.1720 target mark.

Resistance Support
intraday intraweek intraday intraweek
1.1820 1.1940 1.1780 1.1660
1.1880 1.2030 1.1720 1.1480

- advertisement -


Current level – 112.98

The bias remains positive, for a rise towards 113.40, en route to 114.50. Key support lies at 112.60. 

Resistance Support
intraday intraweek intraday intraweek
113.40 114.50 112.60 111.00
114.50 114.50 111.50 107.30


Current level – 1.3215

Still in the consolidation range between 1.3220 and 1.3120 and I favor a break on the downside, towards 1.3000 area. 

Resistance Support
intraday intraweek intraday intraweek
1.3220 1.3340 1.3220 1.2910
1.3340 1.3650 1.3120 1.2760

Previous articleTrade Idea: GBP/USD – Hold short entered at 1.3315
Next articleUSD/CAD Elliott Wave Analysis
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, Delta Stock’s Analyst Dept. also takes into consideration a number of fundamental and macroeconomic factors, which we believe impact the price moves of the observed instruments. Delta Stock Inc. 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. Delta Stock Inc. 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 notice.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.