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EUR/USD
in
Pieredzējuši treideri
May 10, 2017 at 13:59
EUR/USD is still consolidating above 1.0873 - 1.0865 but it will likely break out below that level and reach at least 1.0820. A breakout below that support would probably lead to recovery of the gap.
EUR/USD
in
Pieredzējuši treideri
May 09, 2017 at 14:43
EUR/USD fell back to 1.0873, which is the (MA)89 indicator on the four-hour time-frame. It's currently testing that support, if it breaks out below it could attempt to recover the bullish gap.
EUR/USD
in
Pieredzējuši treideri
May 08, 2017 at 14:08
Surprisingly, EUR/USD fell from 1.1020 after the elections in France and Emmanuel Macron's victory. It is currently testing the support at 1.0930, and a breakout below that level will likely lead to a new move to the downside towards 1.0865, which is the (MA)89 on the four-hour time-frame.
EUR/USD
in
Pieredzējuši treideri
May 05, 2017 at 14:31
EUR/USD is testing 1.0990 - 1.1000 after the fundamentals today, but it hasn't broken out above that resistance level yet. I doubt there will be any major changes before the presidential elections in France on Sunday.
EUR/USD
in
Pieredzējuši treideri
May 04, 2017 at 14:26
EUR/USD is testing the resistance at 1.0950 again, but it is unlikely for it to break out above that level before the fundamentals tomorrow. A possible breakout could, potentially, lead to a further move to the upside towards 1.1000.
EUR/USD
in
Pieredzējuši treideri
May 03, 2017 at 14:52
EUR/USD has been forming a tight sideways consolidation since the first round of the French presidential elections, but the fundamentals this week will probably end that, starting with the FOMC statement today.
GBP/USD daily outlook
in
Pieredzējuši treideri
May 02, 2017 at 14:22
GBP/USD retraced back to 1.2860 and bounced off from that level after forming an inverted hammer candlestick on the one-hour time-frame. It is moving to the upside again and it will likely test the previous high at 1.2965.
GBP/USD daily outlook
in
Pieredzējuši treideri
May 01, 2017 at 13:29
I agree. The retracement could continue back to 1.2890 - 1.2880, or even lower than that, but the trend remains bullish for now.
EUR/USD
in
Pieredzējuši treideri
Apr 28, 2017 at 13:16
The EUR/USD sideways consolidation continues for now and the pair bounced off from 1.0950 once again, forming a shooting star candlestick on the four-hour time-frame right below that level. Whether there will be a move to the downside depends on whether the pair will break out below 1.0850 - 1.0820.
EUR/USD
in
Pieredzējuši treideri
Apr 27, 2017 at 13:53
EUR/USD dropped sharply after the ECB press conference earlier today and is now testing the support at 1.0850. If it breaks out below that support it could reach 1.0800 again.
EUR/USD
in
Pieredzējuši treideri
Apr 26, 2017 at 13:00
EUR/USD continued moving to the upside and reached a high at 1.0950, but it appears that move to the upside is over for now. The pair formed a double top at that same level on the one-hour time-frame and started dropping. Next target is likely the support at 1.0850 which is the (MA)89 indicator on the one-hour time-frame.
EUR/USD
in
Pieredzējuši treideri
Apr 25, 2017 at 13:08
EUR/USD formed a spinning top candlestick on the one-hour time-frame at 1.0900 and there will likely be a move to the downside towards 1.0850 again, but the sideways consolidation continues for now.
EUR/USD
in
Pieredzējuši treideri
Apr 24, 2017 at 12:56
After EUR/USD retraced back to 1.0820, only partially recovering the bullish gap, it formed a hanging man candlestick and a doji candlestick on the four-hour time-frame at 1.0880, so a further move to the downside is possible.
EUR/USD
in
Pieredzējuši treideri
Apr 21, 2017 at 11:45
EUR/USD formed a double top at 1.0780 on the one-hour time-frame and bounced off from that level. What is more, the pair has also formed a great shooting star candlestick on the daily time-frame. The closest target is 1.0670, but it will likely continue falling below that level.
EUR/USD
in
Pieredzējuši treideri
Apr 20, 2017 at 14:00
EUR/USD continues moving to the upside and it is about to test the resistance at 1.0780 again. The question is whether it will break out above that level and continue rising towards 1.0830 - 1.0850 or form a double top and bounce off from that resistance.
GBP/USD daily outlook
in
Pieredzējuši treideri
Apr 19, 2017 at 13:18
GBP/USD moved sharply to the upside after the fundmentals yesterday and reached a new high at 1.2900. It's currently consolidating sideways, but it's possible the move to the upside is not over yet.
EUR/USD
in
Pieredzējuši treideri
Apr 18, 2017 at 12:26
EUR/USD has almost reached the resistance at 1.0690 after the fundamentals pushed the pair to the upside today. The question is whether it will succeed in breaking out above that level, because if it does there could be a further rally towards 1.0800 - 1.0850.
EUR/USD
in
Pieredzējuši treideri
Apr 17, 2017 at 12:48
EUR/USD finally started moving to the upside after the tight sideways consolidation on Friday. A breakout above the resistance at 1.0655, which coincides with the (MA)89 indicator on the four-hour time-frame will likely lead to another rally to 1.0690, which is the same indicator, but on the daily time-frame.
EUR/USD
in
Pieredzējuši treideri
Apr 14, 2017 at 15:19
I agree, but further development will likely occur next week after the Easter holiday. For now the pair is stuck in a sideways consolidation.
EUR/USD
in
Pieredzējuši treideri
Apr 13, 2017 at 15:15
EUR/USD reached 1.0608 before bouncing off from that support, but that may not be the end of the move to the downside. If it breaks out under the aforementioned support it could reach 1.0570 again.
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