Haitham653's Blog (1,303)

EURUSD Daily Forecast Dec 19 2014

The EURUSD continued its bearish momentum yesterday , topped at the 1.2352 levels and bottomed at the 1.2265 levels . This development leaves the pair targeting the 1.2180 levels , a halt is likely but a cut would open 1.2075 next , further down will pave the way towards the 1.1960/1.1875 levels .

On the upside , resistance comes at the 1.2352 levels , break of the 1.2352 levels on a daily closing basis will turn outlook neutral and bring rebound towards the 1.2515/1.2569 levels…

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Added by Haitham653 on December 19, 2014 at 8:22am — No Comments

EURUSD Daily Forecast Dec 17 2014

Outlook in EURUSD remains on the upside as long as support 1.2485 holds on a daily closing basis , resistance comes at the 1.2570 levels , a break would open 1.2630 next , a halt is likely but a breach will pave the way towards the 1.2725/1.2770 levels.

On the downside , a failure to hold gains above the 1.2570 levels could mean a return to the 1.2485 levels , a halt is in sight , but losing the 1.2485 levels on a daily closing basis should weaken the current bullish run and open…

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Added by Haitham653 on December 17, 2014 at 9:01am — No Comments

EURUSD Daily Forecast Dec 16 2014

Outlook in EURUSD remains on the upside as long as 1.2383 support holds on a daily closing basis , resistance comes at the 1.2485 levels ,break of  1.2485 will turn focus on the 1.2550 levels , a halt is strongly suggested , the pair might resume the downtrend from this point , however ; break of the 1.2550 levels will open 1.2630 next , further upside will aim the 1.2725 levels.

On the downside , support comes at the 1.2408 levels ahead of the  1.2383 levels (main)  , sustained…

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Added by Haitham653 on December 16, 2014 at 7:30am — No Comments

USDJPY Daily Forecast Dec 16 2014

Outlook in USDJPY has turned to the downside as long as 119.91 resistance holds on a daily closing basis , support comes at the 117.70 levels, losing this level on a daily closing basis will open 116.57 levels , a halt is likely , but a cut would open 115.00 next , further down will pave the way towards the 113.50 levels.

On the upside , a failure to hold losses below the 117.70 levels could mean a return to the 119.91 levels , a halt is likely , but a break will restore the upside…

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Added by Haitham653 on December 16, 2014 at 7:30am — No Comments

EURUSD Daily Forecast Dec 12 2014

Yesterday , the EURUSD declined from the daily resistance at 1.2455 levels and closed at the 1.2369 levels . As a result outlook in EURUSD remains neutral with risk to the downside , stability below the 1.2455 levels on a daily closing basis could mean a return to the 1.2343 levels where a cut will open 1.2446 next , further losses will pave the way towards the 1.2180/1.2100 levels.

On the upside , resistance comes at the 1.2455 levels , break of  1.2455 levels on a daily closing…

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Added by Haitham653 on December 12, 2014 at 9:25am — No Comments

EURUSD Daily Forecast Dec 11 2014

The EURUSD continued its recovery yesterday , but closed below resistance 1.2455 at the 1.2446 levels .This early morning , the pair jumps to 1.2494 levels. As a result ; outlook in EURUSD remains neutral with risk to the downside , resistance comes at the 1.2455 levels , break of  1.2455 levels on a daily closing basis will open 1.2530 next , further upside will aim the 1.2600/1.2630 levels.

On the downside , a rejection from the key resistance 1.2455 could mean a return to the…

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Added by Haitham653 on December 11, 2014 at 8:38am — No Comments

EURUSD Daily Forecast Dec 09 2014

Outlook in EURUSD has turned neutral with risk to the downside , resistance comes at the 1.2343 levels, a failure to hold above the 1.2343 levels on a daily closing basis could mean a return to the 1.2246 levels where a cut will call for a fall towards the 1.2180 levels , further losses will aim the 1.2150/1.2100 levels .

On the upside , resistance comes at the 1.2343 levels , break of the 1.2343 levels on a daily closing basis , will put the pair in recovery mode , but recovery above…

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Added by Haitham653 on December 9, 2014 at 9:20am — No Comments

EURUSD Weekly Forecast Dec 08 2014

The EURUSD continued its bearish momentum last Friday , topped at the 1.2392 levels and bottomed at the 1.2270 levels . This development leaves the pair targeting the 1.2180 levels , a halt is likely , but a cut will open 1.2070 next , further losses will open 1.1940/1.1875 levels.

On the upside , resistance comes at the 1.2376 levels , break of the 1.2376 levels on a daily closing basis will turn outlook neutral for retesting the 1.2530/1.2600 levels before the next fall.To reverse…

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Added by Haitham653 on December 8, 2014 at 8:37am — No Comments

EURUSD Daily Forecast Dec 05 2014

Outlook in EURUSD has turned neutral at the moment , resistance comes at the 1.2455 levels while support comes at the 1.2279 levels .

On the downside , a failure to hold above the 1.2455 levels on a daily closing basis could mean a return to the 1.2279 levels where a cut will open 1.2240 levels , further losses will pave the way towards the 1.2150/1.2100 levels.

On the upside , a failure to hold below the 1.2279 levels could mean a return to the 1.2455 levels where a…

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Added by Haitham653 on December 5, 2014 at 9:51am — 1 Comment

EURUSD Daily Forecast Dec 04 2014

Outlook in EURUSD remains on the downside as long as resistance 1.2315/1.2376 holds on a daily closing basis , support comes at the 1.2240 levels , a halt is likely but a cut would open 1.2150 next further losses will aim the 1.2100 levels.

On the upside , resistance comes at the 1.2315 levels , stability below this level will keep the pair under pressure , however ; above 1.2315 will open main resistance at the 1.2375 levels before the next fall. To reverse risk to the upside ,…

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Added by Haitham653 on December 4, 2014 at 12:49pm — No Comments

Crude Oil Daily Forecast Dec 03 2014

Outlook in Crude Oil has turned neutral with risk to the downside , resistance comes at the 69.50  , a failure to hold above the 69.50 levels on a daily closing basis , could mean a return to the 65.80 /63.70 levels , a cut would open 60.00 next , a halt is likely , but further down will aim the 55.00 levels.

On the upside , break of 69.50 on a daily closing basis will turn outlook neutral for retesting 73.68 levels before the next possible fall , however , break of the 73.68 levels…

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Added by Haitham653 on December 3, 2014 at 7:22am — No Comments

XAUUSD Daily Forecast Dec 03 2014

Outlook in XAUUSD remains on the upside as long as support 1191 holds on a daily closing basis , resistance comes at the 1225 levels , a halt is likely , but a break would open 1240 next , further upside will aim the 1255 levels. At this point I’d expect strong resistance from the 1255 levels to contain rise from the 11131 levels and bring fall resumption , however ; a clear break above the 1255 levels will extend recovery from the 1131 levels towards the 1287 levels ahead of the 1322…

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Added by Haitham653 on December 3, 2014 at 7:20am — No Comments

EURUSD Daily Forecast Dec 03 2014

The EURUSD continued its bearish momentum yesterday , topped at the 1.2475 levels and bottomed at the 1.2376 levels . This development leaves the pair targeting the 1.2315 levels , a halt is likely , but a cut would open 1.2240 next , further  losses will aim the 1.2150 levels .

On the upside , a failure to hold below the 1.2376 levels could mean a return to the 1.2420/1.2475 levels before the next fall , however ; break of the 1.2475 levels on a daily closing basis will bring limited…

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Added by Haitham653 on December 3, 2014 at 6:30am — No Comments

GBPUSD Daily Forecast Dec 02 2014

Outlook in GBPUSD has turned neutral with risk to the downside , resistance comes at the 1.5763 levels, a failure to hold above the 1.5763 levels on a daily closing basis could mean a return to the 1.5720/1.5589 levels where a cut will call for a fall towards the 1.5500 levels , further losses will aim the 1.5370/1.5230 levels .

On the upside , resistance comes at the 1.5763 levels , break of the 1.5763 levels on a daily closing basis , will put the pair in recovery mode , but…

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Added by Haitham653 on December 2, 2014 at 9:33am — No Comments

EURUSD Daily Forecast Dec 01 2014

Daily outlook in EURUSD remains neutral as long as support 1.2440 holds on a daily closing basis , resistance comes at the  1.2503 levels , a daily closing above this level will recapture main resistance at the 1.2600/1.2635 levels before the next fall.

On the downside , support comes at the 1.2440 levels , losing this level on a daily closing basis will build strong pressure on the 1.2360 levels , a halt is likely  but a cut will open 1.2300 next , further down will pave the way…

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Added by Haitham653 on December 1, 2014 at 9:43am — No Comments

EURUSD Weekly Forecast Dec 01 2014

Despite hesitation last week , outlook in EURUSD remains on the downside as long as resistance 1.2530/1.2600 holds on a weekly closing basis , support comes at the 1.2360 levels where a cut will open 1.2215 levels , a halt is likely , but losing this level would open 1.2041 next , further downside will pave the way towards the 1.1875 levels ..

On the upside , resistance comes at the 1.2530 levels ahead of the 1.2600 levels (main) , a clear break above the 1.2600 levels will turn out…

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Added by Haitham653 on December 1, 2014 at 1:56am — No Comments

EURUSD Intraday Forecast Nov 28 2014

Intraday Forecast in EURUSD remains on the downside as long as resistance 1.2465 holds on a 4 hour closing basis , support comes at the 1.2400 levels where a cut will open 1.2360 next , further losses will aim the 1.2360 levels .

On the upside , resistance comes at the 1.2465 levels , break of 1.2465 levels would open 1.2503 next , a halt is likely but a breach would open 1.2550 levels ahead of the 1.2600 levels .

In all , as long as resistance 1.2465 holds on a 4 hour closing…

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Added by Haitham653 on November 28, 2014 at 8:56am — No Comments

USDJPY Daily Forecast Nov 27 2014

Despite losing the upside momentum , outlook in USDJPY remains neutral with risk to the upside as long as support 117.35 holds on a daily closing basis , a failure to hold below the 117.35 levels on a daily closing basis could mean a return to the 118.36 levels , break of 118.36 on a daily closing basis would open 120.00 next , a halt is likely , but further upside will pave the way towards the 121.15 levels ahead of the 122.50 levels .

On the downside , support comes at the 117.35…

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Added by Haitham653 on November 27, 2014 at 12:11pm — No Comments

GBPUSD Daily Forecast Nov 27 2014

Outlook in GBPUSD has turned neutral at the moment , the pair remains in recovery mode as long as support 1.5720 holds on a daily closing basis , next resistance comes at the 1.5775/1.5823 levels , a halt is likely , but a breach will extend recovery towards main resistance at the 1.5945 levels before the next fall, however ; a clear break above the 1.5945 levels will turn outlook bullish towards the 1.6085/1.6183 levels.

On the downside , support comes at the 1.5720 levels , losing…

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Added by Haitham653 on November 27, 2014 at 8:00am — No Comments

EURUSD Daily Forecast Nov 27 2014

Outlook in EURUSD is neutral at the moment , the pair remains in recovery mode as long as support 1.2440 holds on a daily closing basis , next resistance comes at the 1.2503 levels , sustained trading – daily closing – above the 1.2503 levels will open main resistance at the 1.2600/1.2630 levels where fall resumption is suggested , however ; a clear break above the 1.2630 levels on a daily basis will turn outlook bullish towards the 1.2886/1.2994 levels.

On the downside , support…

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Added by Haitham653 on November 27, 2014 at 6:38am — 2 Comments

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