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GBP/USD daily outlook
in
Pieredzējuši treideri
Nov 22, 2017 at 17:19
GBP/USD is relatively bullish and it may reach the resistance at 1.3320 yet again soon. It is unlikely that it will break out above it before the fundamentals later today though.
GBP/USD daily outlook
in
Pieredzējuši treideri
Nov 21, 2017 at 20:14
GBP/USD is still stuck in the sideways consolidation between 1.3030 and 1.3320. The fundamentals this week may finally end the consolidation but so far there is no signal that will happen.
EUR/USD
in
Pieredzējuši treideri
Nov 20, 2017 at 19:28
After a few days of consolidation the shooting star candlestick at 1.1860 on the daily time-frame finally proved to be a valid signal for a move to the downside and the pair started falling. The closest target is likely around 1.1680, which is the (MA)89 indicator on daily time-frame.
EUR/USD
in
Pieredzējuši treideri
Nov 18, 2017 at 15:13
EUR/USD started consolidating below 1.1800 before the market closed on Friday, the question now is whether it will keep rallying despite the shooting star candlestick on the daily time-frame at 1.1860 or there will be a new move to the downside.
EUR/USD
in
Pieredzējuši treideri
Nov 16, 2017 at 18:42
EUR/USD bounced off from 1.1860 and considering the shooting star candlestick on the daily time-frame at that level it could retrace back to the support at 1.1670, but only a breakout below that level would mean that the overall move to the upside is over.
EUR/USD
in
Pieredzējuši treideri
Nov 15, 2017 at 19:08
EUR/USD bounced off from 1.1860. Now the question is whether this is the end of the move to the upside or the pair will break out above that level. A breakout could lead to a new rally to 1.1900 or even to 1.2000.
EUR/USD
in
Pieredzējuši treideri
Nov 14, 2017 at 18:31
EUR/USD finally broke out above the resistance at 1.1680 and it is still very bullish. A breakout above 1.1800 as well could lead to a further move to the upside towards 1.1870.
EUR/USD
in
Pieredzējuši treideri
Nov 13, 2017 at 18:52
EUR/USD continues consolidating around 1.1660 - 1.1680 although both the doji and the hammer candlesticks on the weekly time-frame at the support at 1.1580 are signals for a likely move to the upside.
GBP/USD daily outlook
in
Pieredzējuši treideri
Nov 10, 2017 at 19:02
GBP/USD is bullish and it will likely continue climbing next week. That said, for a further rally above the sideways consolidation to be confirmed it will have to break out above the last high at 1.3337.
EUR/USD
in
Pieredzējuši treideri
Nov 09, 2017 at 18:43
EUR/USD bounced off from 1.1575 after forming a hammer candlestick and an inverted hammer candlestick on the daily time-frame at that level. Currently the pair is testing the resistance at 1.1665, a breakout above that level could lead to a move to the upside towards 1.1800.
EUR/USD
in
Pieredzējuši treideri
Nov 08, 2017 at 18:38
EUR/USD briefly broke out below 1.1575 and formed a new low at 1.1555, but now the pair has retraced back above 1.1575 and continues to consolidate above that level. That said, there could still be a breakout to the downside and a drop to 1.1500.
GBP/USD daily outlook
in
Pieredzējuši treideri
Nov 07, 2017 at 19:26
GBP/USD bounced off from 1.3030 again and the pair formed a double bottom at that level. There will likely be a new move to the upside towards 1.3300.
EUR/USD
in
Pieredzējuši treideri
Nov 06, 2017 at 18:04
EUR/USD bounced off from 1.1579 and it formed a double bottom around that level visible on the four-hour time-frame. There will likely be a new move to the upside towards 1.1670.
EUR/USD
in
Pieredzējuši treideri
Nov 03, 2017 at 16:41
Although the fundamentals caused a large move to the downside today EUR/USD continues consolidating sideways because there was no breakout below the support at 1.1575 and such a breakout likely won't occur before next week.
GBP/USD daily outlook
in
Pieredzējuši treideri
Nov 02, 2017 at 19:01
GBP/USD dropped sharply after the news that the Bank of England has hiked the interest rate from 0.25% to 0.50% but it still hasn't broken out below the support at 1.3030. The fundamentals tomorrow may give it the necessary push to do that.
EUR/USD
in
Pieredzējuši treideri
Nov 01, 2017 at 18:39
EUR/USD is consolidating above 1.1575 and it may soon test that level once again. A proper breakout probably won't occur before the fundamentals tomorrow and on Friday.
GBP/USD daily outlook
in
Pieredzējuši treideri
Oct 31, 2017 at 17:56
GBP/USD is testing the resistance at 1.3270 of the sideways consolidation yet again. A breakout above that level could lead to a further move to the upside towards 1.3340.
EUR/USD
in
Pieredzējuši treideri
Oct 30, 2017 at 18:37
It did break out above 1.1620 and it could even move to the upside towards 1.1670, but the bearish trend is likely not over yet.
EUR/USD
in
Pieredzējuši treideri
Oct 27, 2017 at 17:09
EUR/USD is still very bearish and it may remain so next week. If it does the next target could be around 1.1400, even 1.1350.
EUR/USD
in
Pieredzējuši treideri
Oct 26, 2017 at 17:36
EUR/USD is testing the support at 1.1670 which coincides with the (MA)89 indicator on the daily time-frame. A breakout below that level will probably lead to a further move to the downside towards 1.1600.
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