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1.25 - 1.255 caps EUR/USD for now
EUR/USD has been deflected three times in the falling 2008 - 2018 trendline zone near 1.25. The pair is however well entrenched in the rising 2017 - 2018 channel. We'll need to get below the 1.20 - 1.21 area on a sustained basis before we can begin to talk about a trend change.
USDCHF WILL RISE TO HIGHS
Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, rectangle.
USDCHF Weekly Chart
USDCHF Daily Chart
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Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, rectangle.
USDCHF Weekly Chart
- The MACD on the weekly chart is in the positive zone.
- The RSI is rising.
USDCHF Daily Chart
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GBPUSD WILL BE RANGEBOUND
Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Ellipse.
GBPUSD Weekly Chart
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, Ellipse.
GBPUSD Weekly Chart
- The MACD on the weekly chart is in the positive zone.
19 JAN 2017 | GBPUSD BUY
Hello fellow community members,
Today GBPUSD seems to be consolidating after a strong up move. I have placed a buy order in the pair with stop loss below the day low as the RSI and 50 periods moving average are supporting the pair.
GBPUSD 4H CHART
Happy trading to all.
Today GBPUSD seems to be consolidating after a strong up move. I have placed a buy order in the pair with stop loss below the day low as the RSI and 50 periods moving average are supporting the pair.
GBPUSD 4H CHART
- MACD is showing buy
- RSI is rising.
- Stochastic is also buy mode.
Happy trading to all.
1 JAN 17
Hello fellow traders, I wish you all a very happy and prosperous new year. May this year be profitable for everyone.
Today I have pulled up my EURUSD chart for you which doesn't look in a good shape for trading. A lot of selling pressure and despite of a 270 pips rally in last three days the pair failed to close above the crucial resistance of 1.0550. Now the downside is 1.0375.
If it breaks that level and closes a daily candle below then I am not sure till what level it can go. As a technical a…
Today I have pulled up my EURUSD chart for you which doesn't look in a good shape for trading. A lot of selling pressure and despite of a 270 pips rally in last three days the pair failed to close above the crucial resistance of 1.0550. Now the downside is 1.0375.
If it breaks that level and closes a daily candle below then I am not sure till what level it can go. As a technical a…