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Break of Range to Strong Bullish

USDJPY will end past many months range to start a Strong Bullish Movement in September.
The pair will start with breaking 105.40 resistance to run toward 107.00 resistance, break there will find no challenge other than the 110 Psychological level.
On downside, support will be found in 103.10-50 area, the pair will stay way above 100.80 anyways.
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TheGuru 9 Sep.

Yes Eva, Lot of money involved;)

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Alexana5 10 Sep.

good job!)

VictoriaVika avatar

Well done!

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TheGuru 13 Sep.

Thanks Alexana and Victoria:)

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TheGuru 13 Sep.

A weekly update on my USD/JPY Analysis: Great Week showed my profits dramatically accelerate for my USD/JPY buy position. Market price had hit my 107 indicated resistance and breaching my 108 target price.
Next would be 110 Psychological Level.

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Bullish Prevails

USDCHF the simplest analysis for coming month, will start a Strong Bullish move in September to 0.9650-60 area, having resistance first in the 0.9570 and will end the month above 0.9550. 0.9155 initial support followed by above 0.90 in worst case.
Everything on my chart favors this analysis. From the top to the bottom of the triangle pattern.
Add to it MACD just starting the Bull Movement.
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TheGuru 6 Sep.

USDCHF continued its upward movement like expected a week ago, Next step for coming week would be to trade above recent high 0.9335 heading to my resistance targets.

peachynicnic avatar

thank you

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TheGuru 13 Sep.

A weekly update on my USDCHF Analysis: The pair continued the expected upward movement, held on 0.9395 daily chart strong resistance. A break will pave way to 0.9500 and my next targets.
The week coming will record Swiss National Bank Monetary Policy Meeting that will affect the Swiss Franc Currency implies this pair trend direction. 

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Bearish and Return

GBPUSD may test the 1.6170-00 area before ending the month in the 1.64 area. The chart showing that possibility and MACD going to Zero level and may return from there upward to end September. Building on that to go higher in October, or will test further down levels.Any optimism to retest upper resistances will be limited by 1.6740-90 area
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TheGuru 6 Sep.

GBPUSD moving downward like expected, had also hit my monthly target of 1.64. Very near to hit my target support area, next week may see a hit there to bounce back up before deciding to stay above or break said support to new lows.

peachynicnic avatar

great 1

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TheGuru 7 Sep.

Thanks Nicole.

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TheGuru 7 Sep.

GBPUSD have just fell to my indicated support area 1.6170-00(not coincident to stop here) recording new recent low of 1.6180 after Scotland Polls favoring till this minute YES VOTE on Scottish independence from England.
Interesting to see if Sterling will continue falling under this support as polls counting Or will the pair bounce up from this important level?

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TheGuru 13 Sep.

A weekly update on my GBPUSD Analysis: The pair continued the fall as expected, hitting 1.6050 support and bounced back to end the week in closing the weekly gap at 1.6275.
Next week will be very important for the Sterling currency as Scottish Vote for independence will be held on 18 September. Will be hard to know the results and its impact from now. But clearly if the Yes Vote campaign win then Sterling may weaken dramatically while A No Vote win will spike the pair then keep it stable later on I believe.

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Sideways to Bearish

AUDUSD September movement will be limited between strong resistance 0.9580 to strong support 0.8970-00 area.
End of the month will be lower at 0.9160 area.
MACD volume went below zero, the crossed lines challenging the trend line to go higher to 0.9580 fiest, but it will fail to triple the bounce support and will break below.
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TheGuru 6 Sep.

AUDUSD continuing moving sideways as expected. Still holding patience, looking for a drop to said support levels later on this month. Next week may trigger it due to AUD high impact news releases.

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TheGuru 13 Sep.

A Weekly update on my AUDUSD Analysis: A Great week for my sell position on this pair that nearly breached my indicated support 0.8970-00 by hitting 0.9030

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Bearish Continuation

EUROUSD will continue its bearish mode in September, might end the month better.
The pair on the way to 1.2755-00 area and may find good support there, a break will find it dropping to 1.2250, although not expected to happen in September. The month will end in the 1.2970 area.
Challenging the descending pattern resistance not expected, if any can be limited to the 1.3240-80 area.
MACD too favoring further fall.
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TheGuru 6 Sep.

Another pair moved like I expected. EUROUSD hit my target price level and continuing to breach said support 1.2755-00 area. Will be interesting if it will bounce for it like I see it for now OR continue to 1.2250 as month ends.

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TheGuru 13 Sep.

A Weekly update on my EURUSD Analysis: Great Week passed on my sell positioning on this pair, came close to my indicated support 1.2755-00 by hitting 1.2858, bouncing back to 1.2978 as week ended.
An important week coming for the pair awaiting FOMC.

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Strong Bearish Continuing before retreat

EUROAUD will continue the bearish movement in September to 1.3863, followed by 1.3636 area, ending it in a possible hammer candle and opening October at 1.3950 area to possibly go up from there.
MACD will continue downward before its lines cross at month end for a reversal sign.
The chart descending pattern can be challenged in the 1.4220-60 area of resistance. Break there will mainly change the bearish trend.
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TheGuru 6 Sep.

EURAUD moved as expected too. Breaking first support level 1.3863 after struggling around it to go up on past Thursday and Friday before deciding to keep on declining, having in sight my said around 1.3636 area first.

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TheGuru 13 Sep.

A Weekly update on my EURAUD Analysis: The pair bounced from 1.38 support and headed strongly to 1.4344 as AUD weakened heavily last week. Still expecting Eur to weaken and AUD bounce back against the dollar as it is near important support 0.8970-00, implies EURAUD will go down again and may end month around 1.3950.

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Break or Fix

During the September month, EUROGBP in a position of major direction decision of break or fix.
Break of 0.7910-20 will be the first signal of weakness extending to 0.7753 that's a main support level on long term that will be hard to break in a month time.
Failure in MACD to turn up at 0.8156 may be repeated at current price to continue to 0.7753 area.
Fix may happen especially if stays above 0.7910-20, to test 0.8050-00 level as shown on the chart descending triangle top.
Success in MACD chart s…
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TheGuru 6 Sep.

EURGBP kept moving sideways last week after indecision to test strong support 0.7753.
Moving around my target level 0.7950. A test of 0.8050 AND trading above this level can be first signal for a more powerful bounce to 0.8155 next later this month. Kept moving below 0.7950 will favor test of 0.7753 strong support.

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TheGuru 13 Sep.

A Weekly Update on my EURGBP Analysis: The pair ended the week near my target price 0.7950 at 0.7966 after hitting 0.8065 but failed to trade above 0.8050 that I talked about this point importance last week.
Next week Scottish Vote will affect this pair too as it will affect all GBP pairs.

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Bullish Restarts when month ends

Bullish Restarts when month endsDuring September Month, USDCAD will move between 1.0620-60 and 1.0940-90. I have not added more price levels to keep the weekly chart simple.It will move for most days of the month in the triangle of "Label 1", possibility to penetrate it to Label 2 and below but the month will end in the pair priced in 1.09 area, inspite of "predicting" a specific level for a month coming is Gambling. I'll update my analysis every some day, the picture will be clear before the …
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TheGuru 6 Sep.

USDCAD moved last week around my target level 1.09 hitting the max. target mentioned 1.0940 and dropped from there. Am expecting it to continue on the downside mainly to hit lower mentioned support before ending the month around 1.09 again.

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TheGuru 13 Sep.

A Weekly Update for my USDCAD Analysis: The pair broke above my indicated resistance level 1.0990, trading above hitting as high as 1.1097 as the dollar strengthened against all currencies.
Still expecting the month to end around my target level 1.09, holding on this view.

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