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GBP/USD daily outlook
in
Experienced Traders
Dec 20, 2016 at 12:43
I agree, now that the pair has broken below the support at 1.2350 its next target will likely be at 1.2300.
EUR/USD
in
Experienced Traders
Dec 20, 2016 at 12:41
EUR/USD just broke below the previous low at 1.0366. It will likely continue falling towards 1.0300 and it appears that parity has become the long-term target.
EUR/USD
in
Experienced Traders
Dec 19, 2016 at 13:44
EUR/USD is still very bearish and it has almost reached the support at 1.0400 again. A breakout below that level will likely lead to a further move to the downside towards the previous low at 1.0366.
EUR/USD
in
Experienced Traders
Dec 16, 2016 at 13:26
EUR/USD retraced back to the support level at 1.0462, which has now become a resistance and bounced off of it. It's currently testing the support at 1.0440 and a breakout below that level will likely lead to a further drop towards 1.0400.
EUR/USD
in
Experienced Traders
Dec 15, 2016 at 13:33
EUR/USD formed a new historical low today at 1.0394 after the FED interest rate hike yesterday, although it bounced off that level afterwards. The pair is still very bearish and it could soon break below 1.0400 as well. It's very possible for it to reach parity next year.
EUR/USD
in
Experienced Traders
Dec 14, 2016 at 12:56
EUR/USD continues consolidating under the resistance at 1.0650. I don't expect a breakout before the FED interest rate announcement later today and I have decided to close all my positions and wait for the news.
EUR/USD
in
Experienced Traders
Dec 13, 2016 at 15:00
EUR/USD is still testing the resistance at 1.0650. A breakout above that level will likely lead to a further move to the upside towards 1.0700.
EUR/USD
in
Experienced Traders
Dec 12, 2016 at 13:03
EUR/USD has formed an inverted hammer candlestick on the weekly time-frame above the support at 1.0500 after its move to the downside last week. A bounce to the upside is possible, but it's unlikely that will occur before the FED interest rate decision announcement later this week.
EUR/USD
in
Experienced Traders
Dec 08, 2016 at 12:55
GBP/USD bounced off the support at 1.2600 after forming a doji candlestick on the four-hour time-frame and continued climbing. It's currently testing the resistance at 1.2680 and a breakout above that level will likely lead to a further move to the upside towards the previous high at 1.2770.
EUR/USD
in
Experienced Traders
Dec 07, 2016 at 12:35
EUR/USD is very undecided and is caught in a tight 20-30 pips range. It will likely continue until Mario Draghi's press-conference tomorrow.
EUR/USD
in
Experienced Traders
Dec 06, 2016 at 12:42
EUR/USD reached the resistance at 1.0800 and began consolidating sideways. Currently there are several candlesticks on the four-hour time-frame that indicate an impending move to the downside, namely a shooting star, a doji and a spinning top, and if that signal is valid the pair will likely reach the support at 1.0682, which coincides with the (MA)89 indicator on the same time-frame.
GBP/USD daily outlook
in
Experienced Traders
Dec 05, 2016 at 14:08
It did recover the gap, but the pair is very undecided at the moment, whether it will continue climbing remains to be seen. If it does break out above 1.2730 next target will likely be 1.2800.
EUR/USD
in
Experienced Traders
Dec 05, 2016 at 14:07
The pair recovered the gap but it looks like there will be a new move to the downside. It has formed several shooting star candlesticks on the thirty-minute time-frame below the resistance at 1.0730.
EUR/USD
in
Experienced Traders
Dec 01, 2016 at 14:41
Although EUR/USD formed a doji candlestick under the resistance at 1.0640 on the four-hour time-frame the pair remains very flat. I doubt there will be any changes before the fundamentals tomorrow.
EUR/USD
in
Experienced Traders
Nov 30, 2016 at 12:56
EUR/USD has been caught in a very tight range between 1.0620 and 1.0660 for the past twenty-four hours and it may continue until the US Change in the Non-Farm Payrolls is announced on Friday.
EUR/USD
in
Experienced Traders
Nov 29, 2016 at 13:51
EUR/USD is back to testing the support at 1.0580 - 1.0560. The pair is very undecided at the moment, we'll likely have to wait for the fundamentals this week to give it a direction.
GBP/USD daily outlook
in
Experienced Traders
Nov 28, 2016 at 13:14
GBP/USD bounced off 1.2530 after forming a shooting star candlestick on the four-hour time-frame and continued falling. A breakout below the support at 1.2380 will likely lead to a further move to the downside towards 1.2300.
EUR/USD
in
Experienced Traders
Nov 28, 2016 at 13:14
I agree, EUR/USD bounced off 1.0685 after forming a pair of shooting star candlesticks on the four-hour time-frame. It's currently testing the support at 1.0580 and if it breaks out below that level it will likely reach the next support at 1.0520 - 1.0510.
EUR/USD
in
Experienced Traders
Nov 25, 2016 at 14:56
EUR/USD broke above 1.0600 again today after forming an impressive doji candlestick on the daily time-frame above the support at 1.0500. Next target is likely 1.0645.
EUR/USD
in
Experienced Traders
Nov 24, 2016 at 12:49
EUR/USD bounced off 1.0540 and it might climb back up to 1.0600, but the overall trend remains very bearish. The move to the downside will likely contonue until the pair eventually reaches the previous low at 1.0462.
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