All Blog Posts Tagged 'GBP' (533)

FOREX forecast 23.02.2015-27.02.2015

EUR remains in consolidation despite the sudden Friday volatility on Greek financial conditions agreement. H4 and Daily indicators are flat and give no information for the future, while Weekly ones seem to point to the upside. Today Germany's IFO data will be released and it is expected to be better than previous so this will be in favor of the upside movement. It is good to know that at 1.1660 we have a quite strong resistance and breaking above will be very hard. So for now i think that…

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Added by Vladimir Mihaylov on February 23, 2015 at 7:30am — No Comments

GBPUSD - Buy Dip scenario still rules. 1.5560 targeted this week.

A trend of higher weekly CABLE lows which have been posted since January’s 18 month base at 1.4951 and a weekly close above the 13 day average rate kept last week’s signals pointing higher. These were confirmed as the sequence of higher weekly lows has been extended to 3 and with gains of almost 2 Big Figs. There is no sign that the demand to buy dips is ending so we continue to look to the topside with potential to 1.5560 or even 1.5621.…

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Added by Alan Collins on February 16, 2015 at 9:30am — No Comments

upward trending moves may be seen

Dear All

we are into  the 3rd week of the month of February.The market is expected to continue the trend set during second week,during this week.

I have explained in details the forecast -  expected  session wise market moves for this week 16-20 February.,during my todays's (16 Feb) Asian session: Live market analysis webinar..The recording of the webinar is available in the given below link.…

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Added by Dr. Sivaraman on February 16, 2015 at 8:21am — No Comments

FOREX forecast - 16.02.2015-20.02.2015

EUR has stabilized the price above 1.1300 and seems ready to start recovery to the upside this week. Economic data that is going to be released is expected to support the upside movements too. First support comes at 1.1405 above this one we are bullish and the target is 1.1450-1.1475-1.1495-1.1530. Above the last comes the first significant resistance area between 1.1545 and 1.1575. As you can see it is pretty wide and it is even stronger with the help ot the H4 SMA200 which passes through…

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Added by Vladimir Mihaylov on February 16, 2015 at 6:17am — No Comments

GBPUSD - Tentatively Bullish targeting 1.5297

Against a background of positive signals for sentiment for this week, yesterday saw a return of buying interest. After 2 days of decline the trend defining 13 day moving average was untested and buyers emerged around the 1.5200 level. Monday’s net fall was regained but the highs were not maintained and Asia has attracted some further downside. Nonetheless, temporarily and cautiously, sentiment is assessed as positive and so our call is Cautiously Bullish while above 1.5197, yesterday's low.…

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Added by Alan Collins on February 11, 2015 at 6:30am — 1 Comment

FOREX forecast 09.02.2015-13.02.2015

EUR opened today with a small downside gap but the 1.1290 support stopped the downside move and the price bounced back to 1.1340 resistance. Next resistance comes at 1.1360-1.1380 area and above that the upside will accelerate. Target will be set at 1.1530, but before that 1.1410 and 1.1440 have to be broken too. This week there are few important economic releases and this somehow will help the EUR to recover further to the upside, but i do not expect for now recovery above 1.1600. To the…

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Added by Vladimir Mihaylov on February 9, 2015 at 6:39am — No Comments

GBPUSD - Gradual drift lower to continue.1.4989 targeted

Like EURUSD this week's signals highlight a lack of clear immediate signals for sentiment. This was confirmed by limited net movement yesterday and similar ranges to Friday’s indecisive trading. So, despite remaining under the 13 day average and the Keltner channel being bearish, immediate studies have to be assessed with caution. Nonetheless lower levels in Asia keep the focus on the downside with potential to 1.4989 or even 1.4951. The risk level is currently assessed as…

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Added by Alan Collins on February 3, 2015 at 7:19am — 1 Comment

New month - new trend

Dear All

We have seen a prolonged USD gaining moves till last week .from this week 02-06 Feb we could see month beginning trend reversal move with upward bias and more upward trending moves are expected from next week in other majors.I have explained the forecast during my asian session; live market analysis webinar .The recording of today's webinar is available under the given link:…

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Added by Dr. Sivaraman on February 2, 2015 at 11:35am — No Comments

FOREX forecast 02.02.2015-06.02.2015

EUR has paused the high speed downside which started in December. However the downside is still far from over. On H4, Daily, Weekly and Monthly the indicators are bearish and for now do not show any signs of correction. To start a correction we need a H4 close above 1.1360 first, next resistance comes at 1.1480, above that will open the way to 1.1650 and 1.1800. To the downside things are much easier first support comes at 1.1270, followed by 1.1200 and 1.1140 , finally 1.1097 which was the…

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Added by Vladimir Mihaylov on February 2, 2015 at 6:24am — No Comments

Last week of the month of January - monthly trend reversal after the yearly trend reversal time

Dear All

We are into the last week of the month of January so the market is expected to show the monthly trend reversal move which will be less volatile than yearly trend reversal time which we have seen till last week.

Today (26th January during my asian session live market analysis webinar i explained the expected market moves during this week and also explained the levels in which the currencies could swing.

Players have created the market feel - USD bullishness- but…

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Added by Dr. Sivaraman on January 26, 2015 at 2:12pm — No Comments

GBPUSD - Temporary Rally potential but market targets 1.4912/4813 this week

Sellers continue to govern CABLE with last week producing the 6th weekly decline in succession – tracking the lower end of a declining Keltner channel. But last week was dominated by Thursday’s price action – initial gains rejected near the key 13 day moving average then followed by the most aggressive fall of the month. The lows, posted Friday, were not held as some profit taking, from oversold extremes, was attracted but allowing for a temporary stronger bounce there remains potential to…

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Added by Alan Collins on January 26, 2015 at 7:51am — 1 Comment

FOREX forecast 26.01.2015-30.01.2015

EUR continues free fall as the negative news is coming out one by one. First the ECB starts QE program and now in Greece will rule the pro-socialist government. Days of the european union are already counted, the countdown has started. EUR price goes to the downside incerasing its speed with every hour it is like a snowball falling downs the mountain slope and finally will crash into the rocks at the bottom. This morning the pair has recorded a fresh low at 1.1097 then corrected some 100…

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Added by Vladimir Mihaylov on January 26, 2015 at 6:42am — 1 Comment

GBPUSD - Keltner channel leads prices towards 1.5035

Yesterday's price action resulting in limited downside- a 3rd such day in a row. This kept prices near the base of the Keltner channel and selling pressure has extended in Asia. Oversold extremes are a growing concern and a reaction to the Asian move may well be seen but sentiment is negative targeting 1.5058 and 1.5035.…

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Added by Alan Collins on January 20, 2015 at 7:04am — No Comments

All eyes are on ECB - but players do differently -market session wise forecast 19-23 january

Dear All

 Last week SNB statement and market reaction may be still ringering in the minds of the traders.Such big extended stop hunt moves are part of yearly trend reversal time before the commencement of the trending move.I have explained in details what could happen in this week during my today's (19th Jan) Asian session: Live market analysis webinar.The recording of the same is available in the given below link:…

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Added by Dr. Sivaraman on January 19, 2015 at 1:46pm — No Comments

FOREX forecast 19.01.2015-23.01.2015

EUR continues to loose price against the Dollar. The price dropped to 1.1460 and then we had some 100 pips pullback. Currently the pair attempts to recover further using the profit taking from SHORT ahead of ECB later this week. We shall have also Germany's ZEW economic sentiment and Eurozone PMI which are expected to be better than previous so this may help the EUR to climb up to 1.1760 and even to test 1.2040 again. All indicators are bearish below 1.1570. First downside target is 1.1510…

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Added by Vladimir Mihaylov on January 19, 2015 at 6:49am — 2 Comments

GBPUSD - Potential for bounce to test 13 day avg

Tuesday’s rejection of the downside extended yesterday. The upside was not extensive but these gradual counter trend gains are now supported by intraday momentum and strength indicators (RSI) and there is scope, in our assessment, for the medium term trend defining 13 day moving average to be tested.

This comes in at 1.5291 with interim levels at 1.5251 and 1.5270. Only below 1.5171 negates this scenario.…

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Added by Alan Collins on January 15, 2015 at 7:58am — No Comments

GBPUSD - Sentiment assessed as negative. Rallies to attract sellers. 1.5077 targeted

This year has begun as last year ended – with CABLE being sold to lower levels. Last week's decline was the 4th in a row, continuing to track the lower end of the daily/weekly Keltner channels and reaching the most negative prices for 18 months. This underlying bias will remain the backdrop but failure to maintain the lows and Friday’s profit taking gains from oversold extremes is likely to influence early price action. Therefore, our call is modestly Bearish with a rally near to…

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Added by Alan Collins on January 12, 2015 at 7:53am — No Comments

Eitherway moves may continue in this week -12-16 Jan

Dear All

Today (12 Jan ) during my Asian session: Live market analysis webinar time explained the sessionwise expected market moves of the week 12-16 Jan.besides the levels in which the currencies could swing in this week were also been explaied.Since we are in the yearly trend reversal time the market may continue with eitherway moves - ie lower level consolidation with frequent downward stop hunt.More details can be obtained from the recording of the webinar:

follow the link…

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Added by Dr. Sivaraman on January 12, 2015 at 7:45am — No Comments

FOREX forecast 12.01.2015-16.01.2015

Last week EUR recorded a new low at 1.1754 and that was the fourth week in a row with a negative close. Weekly and Daily indicators are bearish, but the H4 ones show some signs of correction. Today we do not have any important economic data and the market calmed down after the stormy beginning of the year. Now everybody is waiting for Greece's elections on 25th of January. until then EUR will remain under a continuous downside pressure and any recovery will be limited. Currently the Daily…

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Added by Vladimir Mihaylov on January 12, 2015 at 6:26am — No Comments

USDCHF - Setback from highs to deepen towards 1.0127

Demand that has dominated the last 4 weeks continued yesterday. A new 4 year high was posted with prices maintained levels beyond the upper end of a rising Keltner channel. This emphasises the underlying trend but also the overbought situation that was modestly addressed by the failure to maintain the peaks. It is that latter element that leaves intraday mildly, temporarily, negative going into today with scope for a deeper correction before the US NFP data with potential to 1.0150 or even…

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Added by Alan Collins on January 9, 2015 at 6:58am — 1 Comment

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