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GBPUSD: Intraday, Faces A Recovery Risk Above 1.5413 !

Intraday outlook in GBPUSD has turned neutral with risk to the downside, resistance comes at the 1.5413 levels, sustained breakout – 4 hour – closing above the 1.5413 levels will suggest short term bottoming around 1.5353 levels and put the pair in recovery mode, If seen, focus will shift on the 1.5528 levels before the next fall, However; a clear break above the 1.5528 levels will extend recovery towards the 1.5700 levels ….

On the downside, a failure to hold above the 1.5413 levels…

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Added by Haitham653 on May 27, 2015 at 4:44am — No Comments

EURUSD Daily Forecast May 27 2015

Outlook in EURUSD remains on the downside as long  as 1.0959 resistance holds on a daily closing basis, support comes at the 1.0845 levels , sustained trading – daily closing – below the 1.0845 levels will target 1.0665 next, a halt is very likely but further down will pave the way towards the 1.0461 levels.

On the upside, resistance comes at the 1.0959 levels , a clear break will turn outlook neutral and open the 1.1061/1.1151 levels before the next fall…

In all, as long as…

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Added by Haitham653 on May 27, 2015 at 4:42am — No Comments

GBP/USD DAILY as of Wednesday, 27 May, 2015

*** Intra-Daily Trading Strategy: BUY British Pound / US Dollar

Buy Target: 1.5450

Buy Stop:   1.5285 

Enter New BUY on OPEN and exit BUY positions at Target price or at Stop price.

(NOTE: Adjust Stop Loss Price according to your trading risk.)

Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING…

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Added by Martin Kay on May 27, 2015 at 3:02am — No Comments

Boursajee Club Currencies Reading...for 26-27/05/2015

Boursajee Club Currencies Reading...for 26-27/05/2015.

EUR/USD: expected trading, R 1.1080 & S 1.0680, waiting 4 bullish entry, more accurate financial forecast order on boursajeeclub.com.

GBP/USD: expected trading, R 1.5540 & S 1.5210, waiting 4 bullish entry, more accurate financial forecast order on boursajeeclub.com.

USD/JPY: expected trading, R 124.80 & S 121.80, waiting 4 bearish entry, more accurate financial forecast order on…

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Added by Pierre Chahine on May 26, 2015 at 6:36pm — No Comments

Daily Technical Strategist On USDJPY

USDJPY: Bullish, Extends Strength

USDJPY: With the pair bullish and extending it during Tuesday trading session, it now faces a possible hold above its key resistance turned support at 122.02 level. However, you should keep an eye on that level. On the upside, resistance resides at the 123.00 level with a turn above here aiming at the 123.50 level. A break will target the 124.00 level. Further out, resistance comes in at the 124.50 level. Its daily RSI is bullish and pointing higher…

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Added by fxtech on May 26, 2015 at 3:53pm — No Comments

NEW CALL EUR-USD 26/5/2015

NEW CALL EUR-USD 26/5/2015
SELL EUR-USD BELOW 1.1022-1.0990
TP 1.0955
TP2 1.0930
TP3 1.0902
SL ABOBE 1.1080

Added by Md Isha Baqer on May 25, 2015 at 9:20pm — No Comments

$USDCAD- next target?

Currently we are at 1.2392. We are looking for a continuation to the Resistance area @ 1.2412 with an overall target @ 1.2550.  The average daily true range (ATR) for the pair currently is 114 pips.…

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Added by Scott Barkley on May 26, 2015 at 12:54pm — No Comments

Weekly Technical Strategist On EURUSD

EURUSD: Reverses Gain, Eyes More Weakness

EURUSD: With EUR reversing its previous week gains to lower on a sell, further weakness is envisaged. Resistance is seen at the 1.1050 level with a cut through here opening the door for more upside towards the 1.1100 level. Further up, resistance lies at the 1.1150 level where a break will expose the 1.1200 level. Conversely, support lies at the 1.0950 level where a violation will aim at the 1.0900 level. A break of here will aim at the 1.0850…

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Added by fxtech on May 24, 2015 at 4:58pm — No Comments

FOREX forecast 25.05.2015-29.05.2015

EUR has closed last week at 1.1000 level, currently it trades a little below it but we have a good support at 1.0960-80 area where is the Daily Senkou Span B price of the negative cloud. This serves as a strong support line. I do not expect this to be broken easily because this week's economic data not seem much dollar positive. Today is a non-working day in Germany, UK and USA, and some other countries and the markets will remain closed, so i expect low volatility and tiny range moves for…

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Added by Vladimir Mihaylov on May 25, 2015 at 5:00am — No Comments

Considering a short on NZDJPY

As you can see from the daily chart below, price has been in a range (91.85 - 88.00) since mid Feb. Also note that the 200 SMA has done a pretty decent job of acting as a s/r level during the last few months. I am interpreting price action during the last 10 days as break below the SMA followed by a few retests, the last one being on Fri. My downside bias is further strengthened by the bearish pin bar formed on Friday.

To be fair, it is certainly possible for price to stay within the…

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Added by Oasis on May 23, 2015 at 9:34pm — No Comments

The Forex Landscape

Major pairs and cross-rates strength and weakness compared to 1 week ago.

www.2hedge.com

Added by Ron Schelling on May 23, 2015 at 7:06pm — No Comments

EURUSD - Short Entry was at 1.1350 - Next Target 1.085?

Added by Futuristic on May 23, 2015 at 2:49pm — No Comments

EUR/USD May 23, 2015

Added by Pip Logic on May 23, 2015 at 11:32am — No Comments

Target Trading in the Forex upcoming week of May 24, 2015

$EURUSD

What ProAct Forex Target Traders See:  We are currently sitting @ 1.1008 in a new down trend. We are looking initially for the S6 Support @ 1.10856 and we should see a continuation there to 1.0665 before the pullback. The average daily true range (ATR) for the pair currently is 144 pips.…

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Added by Scott Barkley on May 23, 2015 at 12:54am — No Comments

$GBPUSD- Next Target?

Currently we are at 1.5675 after a nice bounce. We are looking for a continuation to the R5 resistance area @ 1.5834 with an overall target @ 1.6058.  The average daily true range (ATR) for the pair currently is 164 pips.…

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Added by Scott Barkley on May 21, 2015 at 12:37pm — No Comments

EURUSD: Cautiously Bearish, Resistance 1.1151 !

The EURUSD continued its bearish momentum yesterday, topped at the 1.1151 levels, and bottomed at the 1.1061 levels. Now focus will shift on the key support 1.1061 ?!!!

The EURUSD will have to hold below the 1.1061 levels on a daily closing basis to push the market for further downside losses, If seen, focus will shift on the 1.0950 levels, a halt is likely and reversal may occur here, However; If the market fails on the 1.0950 levels, expect further weakness towards the 1.0800…

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Added by Haitham653 on May 21, 2015 at 5:52am — No Comments

EUR/USD May 21, 2015

Added by Pip Logic on May 21, 2015 at 4:53am — No Comments

USD/JPY DAILY as of Thursday, 21 May, 2015

*** Intra-Daily Trading Strategy: SELL US Dollar / Japanese Yen

Sell Target: 120.7867  

Sell Stop:    122.0193

Enter New SELL on OPEN and exit SELL positions at Target price or at Stop price.

(NOTE: Adjust Stop Loss Price according to your trading risk.)

Do not reverse after exiting. This is a recommendation for INTRA-DAY TRADING…

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Added by Martin Kay on May 21, 2015 at 3:52am — No Comments

Boursajee Club Currencies Reading. 21-05-2015

EUR/USD: expected trading, R 1.1320 & S 1.1020, waitng 4 bullish entry, more accurate financial forecast order on boursajeeclub.com.

GBP/USD: expected trading, R 1.5760 & S 1.5340, waiting 4 bullish entry, more accurate financial forecast order on boursajeeclub.com.

USD/JPY: expected trading, R 122.40 & S 119.80, waiting 4 bullish entry, more accurate financial forecast order on boursajeeclub.com.

USD/CHF: expected trading, R 0.9410 & S 0.9160,…

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Added by Pierre Chahine on May 21, 2015 at 12:09am — No Comments

German PPI (Apr) 0.1% vs 0.2% Forecast, EURUSD Could Dip To 1.1025 levels Today !

The German Producer Price Index (PPI) measures the change in the price of goods sold by manufacturers.The German PPI index remains unchanged 0.1% in April as the previous month, missing forecast at 0.2% .

This development will keep the pair under heavy pressure with risk to test the key support 1.1065 where a cut is very likely , however; If seen , look for 1.1025 levels as next target……..

In all, as long as the pair trades below 1.1130 resistance (broken support), further down…

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Added by Haitham653 on May 20, 2015 at 6:45am — No Comments

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