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Analysis on EUR/USD, Date: 3 September, 12:00 GMT

The Descending Triangle chart pattern imaging a clear bearish signal.
Currency Pair: EUR/USD.
Time Duration: 30th July- 3rd September.
Time Frame: 1day,1 week.
Price Forecast: 1.14520-1.18770.
Predict Trend: Bearish.
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GBP/USD Pair Analysis For August,2018.


The Falling Edge and the Inverse Cup & Handle chart pattern imaging a clear bullish signal.
This time for GBP/USD, the Support line is at 1.27738 and the resistance line is at 1.32687. Finally,
Currency Pair: GBP/USD.
Time Duration: 30th July- 3rd September.
Time Frame: 1day,1 week.
Price Forecast: 1.27738-1.32687.
Predict Trend: Bearish.
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Mirza_Ahmed avatar
Mirza_Ahmed 28 Июль

Correction: The Falling Edge and the Inverse Cup & Handle chart pattern imaging a clear bearish signal.

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EURJPY We can watch for a selling opportunity

Here are two Charts forecast as below as -
From here traders can watch for a selling opportunity as long as the pair remains below former support on a 4 hour closing basis. A close back above this level would negate my bearish bias and would likely result in a retest of the 137.00 resistance level.
If the bears are able to get behind this move in the coming days, the 133.10 is a likely target. That retest would put the pair one step closer to confirming the larger head and shoulder pattern t…
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EUR/GBP DESCENDING TRIANGLE

EUR/GBP broke bullish trendline on last september. On weekly chart, we can see this pair now set a downtrend.
Furthermore on the daily chart, we can draw bearish trendline or bearish channel. So bearish pressure is mode on until the price break this line. In last month, EUR/GBP has formed descending triangle, this triangle in bearish channel confirm a bearish pressure. Near support at 0.8320 will be broken and this price will fall to reach next support at 0.8156. This range can be active area a …
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wiyonofx avatar
wiyonofx 30 Дек.

after touch support 0.8320, price rebound and stay above the line. There is no enough power to make this pair go below

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