The pair GBPUSD found a Support at 1.24457 and is moving toward the next Resistance level at 1.26689, from the 4 Hour time frame we can see that the price 1.25388 is a minor Resistance as it act as a consolidation zone with the current bullish pressure on the pair If this price level broken up we will see the fast move to 1.26689. We also look at the bearish...
The EURUSD Pair has been under a bearish pressure for the past two days from the Daily time frame, we can see two bearish candlestick with the current one having a price rejection after hitting the Support level at 1.07230 price region. the bullish build up gather by this pair need to sustain for the price to move above 1.07681 for the strength of USD has been...
The GBPJPY Pair is moving to break the trendline at 166.8 With the bearish build up the price is moving in a Bearish candle on the 4H time frame with overbought Oscillator we see the price drop to 164.5
USDCAD his bouncing off trendlines with formatoin of Ascending channel. USDCAD if the minor Resistance hold at 1.3470 seems to hold already we are seeing a pull down to 1.3326 tp2 1.3238 from current price of 1.3418
The USDCAD had found it support at 1.3320 price range, with the build up I see the price continue the bullish movement to 1.35680 price level.
The GBPJPY IS moving on a strong bearish pressure from a drop off the resistance 170.90, this is a major Resistance price that move the price to 165.25 which is now broken and turn to Support turns Resistance for more bearish move as the price is set to fall to 160.58
The #GBPUSD pair has been trading with major impulse of the market which is bearish after the spike on Thursday, the current pullback to the touch of a Resistance and bearish trendline at 1.1430 price level I see a more SELL to 1.1270 new price level.
The EURUSD pair is consolidating within a triangle from the 1H time frame on the chart above, with intensive buy pressure that started yesterday and could not proceed much in the early hours of today. the price has stalled with the triangular candlestick pattern. a breakout is necessary to determine the directional effect of the continuation pattern after a...
GBPCHF pair is on a strong bearish pressure as the brokeout of a consolidating channel around 1.2527 price range. with this I see the price move towards the next support level at 1.2282 bias: SELL @ CURRENT PEICE 1.2542 SL = 1.2638 TP = 1.2282
GBPJPY is retracing for a bearish move again as the pair had a rally up to 153.15 price level after bouncing off from a minor support at the 150.77 price level on Friday. Monday trade open with pressure for a sell as the Resistance at 153.18 seems to hold with SELL Price Action setup at the higher time frame of Daily. Bias: SELL GBPJPY @ CURRENT PRICE 152.65 SL =...
Gold found support at 1769 price level with price action setup the price is under pressure to rally up to 1829 from the current price 1791.44
The USDJPY rebounded slightly upwards. If the bullish momentum returns, then the pair might recover to the resistance of 110.01 and extend further to 110.38. However, if the bear strikes then the pair could fall to 109.21 and possibly break the second support level of 108.78.
AUDUSD has just finished retracement to the major Resistance at 0.7723 price level with a bearish setup on 1H time frame we can see the price continue the SELL to 0.7619 SELL @ CURRENT PRICE 0.7702 SL 0.7735 TP = 0.7619
AUD/USD Intraday Bearish Aussie plummeted hard with the pair closing below second support level. If the trend keeps bearish, then the support level 0.7635 might not hold and causing the pair to fall further to 0.7568. However, if the bullish momentum counters then the first resistance level of 0.7826 may be broken and gains could possibly extend to...
GBP/USD Intraday Bearish GBP’s bears continued with the pair closing the week lower. If it trends bullish again, then the pair could recover to 1.4006 and test the next resistance level of 1.4085. Alternatively, if a bearish trend merge again then the pair could fall towards 1.3867 level and head further lower to 1.3808. Pivot point: 1.3947 Resistance...
USD/JPY Intraday Bullish Pivot point: 106.35 Resistance level 1: 106.87 Resistance level 2: 107.20 Resistance level 3: 107.71 Support level 1: 106.02 Support level 2: 105.51 Support level 3: 105.18 Comment: USDJPY has been keep up the bullish momentum with the pair closing above the first resistance level of 106.49. If the bullish...
AUD/USD Intraday Neutral Pivot point: 0.7763 Resistance level 1: 0.7795 Resistance level 2: 0.7821 Resistance level 3: 0.7853 Support level 1: 0.7737 Support level 2: 0.7704 Support level 3: 0.7678 Aussie slightly advanced in the last trading session and a bullish trend might start if it goes higher again. If the trend turns bearish,...
Pivot point: 1777 Resistance level 1: 1787 Resistance level 2: 1799 Resistance level 3: 1808 Support level 1: 1766 Support level 2: 1756 Support level 3: 1745 Comment: The precious metal closed at the first support level of 1765. If the trend returns bullish, then gold could push higher to 1787 and possibly testing the second resistance level...