Thursday 28 January 2016

AUD/USD Forex Technical Analysis

The secondary trend of AUD/USD is bullish on charts and price is trading above the trend line in its hourly chart. In hourly chart the price is sustaining above 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 0.7130 and support at the level of 0.7005. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.

AUD/USD Forex Technical Analysis


MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.


AUD/USD is looking bearish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.

Friday 11 September 2015

GBP/USD Forex Technical Analysis as on Friday, September 11 2015

Technical Analysis: 
GBP/USD is having secondary sideways trend on charts. In its hourly chart, the pair is consolidating with strong positive bias and is likely to give break out at upside. Its 30 and 200 DMA are also supporting the upcoming bullish trend in the pair. It is facing an important resistance at the level of 1.5475. If it breaks its resistance level of 1.5475 at upside then we can expect it to show further upside movement.


Indicators:
RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair.
MACD is also sustaining in buying territory indicating the upcoming bullish trend in the pair.

GBP-USD-Forex-Technical-Analysis
Technical Chart



Trading Strategy: GBP/USD is looking bullish on charts for next few trading session. One can go for buy on dips strategy for this pair for intra day to mid term positions.


S3
S2
S1
PIVOT
R1
R2
R3
EUR/USD
1.1072
1.1121
1.1201
1.1250
1.1330
1.1379
1.1459
GBP/USD
1.5222
1.5279
1.5363
1.5420
1.5504
1.5561
1.5645
USD/JPY
118.53
119.24
119.92
120.63
121.31
122.02
122.70
USD/CHF
0.9583
0.9640
0.9686
0.9743
0.9789
0.9846
0.9892
AUD/USD
0.6813
0.6878
0.6974
0.7039
0.7135
0.7200
0.7296
EUR/GBP
0.7172
0.7206
0.7254
0.7288
0.7336
0.7370
0.7418
USD/CAD
1.3074
1.3124
1.3189
1.3239
1.3304
1.3354
1.3419
NZD/USD
0.6085
0.6170
0.6230
0.6315
0.6375
0.6460
0.6520

Monday 7 September 2015

GBP/CAD, AUD/USD and EUR/AUD Technical Analysis


GBP/CAD (HOURLY)



RECOMMENDATION : SELL
SUMMARY:
The primary trend of GBP/CAD is bearish on charts. In its hourly chart, the pair is sustaining at lower levels and is likely to continue its downtrend. Prices are consolidating with strong negative bias and its 30 and 200 DMA are also providing resistance to the prices supporting the further downtrend. If it breaks its support level of 2.0065 & sustains below it then it is expected to show further bearish movement in next few days.

INDICATORS:-
In MACD
Prices are sustaining in the selling territory  supporting the down side movement in the market.

STRATEGY:- GBP/CAD is looking bearish on charts for next few session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.

AUD/USD ( HOURLY )



RECOMMENDATION : SELL
SUMMARY:
The primary trend of AUD/USD is bearish on charts. In its hourly chart, the pair is sustaining at lower levels and is likely to continue its downtrend. Prices are consolidating with strong negative bias and its 30 and 200 DMA are also providing resistance to the prices supporting the further downtrend. If it breaks its support level of 0.6905 & sustains below it then it is expected to show further bearish movement in next few days.

INDICATORS:-
MACD is sustaining in selling territory  supporting the down side movement in the market.

STRATEGY:- AUD/USD is looking bearish on charts for next few session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.



EUR/AUD ( HOURLY )



RECOMMENDATION : BUY
SUMMARY:
The secondary trend of EUR/AUD is sideways on charts. In its hourly chart, the pair is consolidating with strong positive bias to give break out at upside. Its 30 and 200 DMA are also providing support to the bullish movement in the prices. If it crosses its resistance level of 1.6160 then we can expect it to show further upside movement in next few days.

INDICATORS:-
RSI - Prices are sustaining in the buying territory  supporting the up side movement in the market.
MACD is sustaining in buying territory  supporting the up side movement in the market.

STRATEGY:- EUR/AUD is looking bullish on charts for next few session. One can go for buy on dips strategy for this pair for intra day to mid term positions.


S2
S1
R1
R2
EUR/USD
1.0942
1.1044
1.1290
1.1434
GBP/USD
1.4978
1.5074
1.5352
1.5534
USD/JPY
116.83
117.91
120.91
122.83
USD/CHF
0.9474
0.9596
0.9809
0.9900
AUD/USD
0.6721
0.6814
0.7087
0.7267
EUR/GBP
0.7174
0.7260
0.7415
0.7484
USD/CAD
1.3026
1.3155
1.3371
1.3458
NZD/USD
0.6130
0.6206
0.6420
0.6558


Thursday 3 September 2015

EUR/JPY Forex Technical Report for Thursday, September 03 2015


Technical Analysis:
EURJPY is having sideways secondary trend on charts. In its 4 hourly chart, the pair is not sustaining at higher levels and consolidating with strong negative bias to give break out at downside. Its 30 and 200 DMA are also supporting the upcoming bearish trend in the pair. It is facing an important support at the level of 134.35. If it breaks its support level at downside then we can expect it show further bearish movement in the pair.

Euro Japanese Yen Forex Signal technical strategy


Indicators:
MACD is sustaining in selling territory indicating the upcoming bearish trend in the pair.

EURJPY Forex Technical Analysis


Trading Strategy: 
EURJPY is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.


Povit Points

S3
S2
S1
PIVOT
R1
R2
R3
EUR/USD
1.1080
1.1147
1.1186
1.1253
1.1292
1.1359
1.1398
GBP/USD
1.5203
1.5233
1.5267
1.5297
1.5331
1.5361
1.5395
USD/JPY
118.26
118.73
119.53
120.00
120.80
121.27
122.07
USD/CHF
0.9471
0.9521
0.9603
0.9653
0.9735
0.9785
0.9867
AUD/USD
0.6922
0.6951
0.6994
0.7023
0.7066
0.7095
0.7138
EUR/GBP
0.7239
0.7283
0.7310
0.7354
0.7381
0.7425
0.7452
USD/CAD
1.3070
1.3133
1.3200
1.3263
1.3330
1.3393
1.3460
NZD/USD
0.6252
0.6281
0.6315
0.6344
0.6378
0.6407
0.6441

Thursday 27 August 2015

EURGBP Technical Analysis for Friday, August 28 2015


EUR/GBP is having sideways secondary trend on charts. In its hourly chart, the pair is not sustaining at higher levels and consolidating with strong negative bias to give break out at downside. Its 30 DMA is also supporting the upcoming bearish trend in the pair. It is facing an important support at the level of 0.7275. If it breaks its support level at downside then we can expect it to test the level of 0.7235/0.7205.

INDICATORS: MACD is sustaining in selling territory indicating the upcoming bearish trend in the pair.

EUR-GBP-Technical-Analysis


TRADING STRATEGY: EURGBP is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.


Pivot Points

S3
S2
S1
PIVOT
R1
R2
R3
EUR/USD
1.1012
1.1107
1.1176
1.1271
1.1340
1.1435
1.1504
GBP/USD
1.5202
1.5285
1.5343
1.5426
1.5484
1.5567
1.5625
USD/JPY
118.45
119.11
120.07
120.73
121.69
122.35
123.31
USD/CHF
0.9388
0.9448
0.9555
0.9615
0.9722
0.9782
0.9889
AUD/USD
0.7028
0.7062
0.7115
0.7149
0.7202
0.7236
0.7289
EUR/GBP
0.7212
0.7243
0.7273
0.7304
0.7334
0.7365
0.7395
USD/CAD
1.3016
1.3096
1.3147
1.3227
1.3278
1.3358
1.3409
NZD/USD
0.6375
0.6402
0.6436
0.6463
0.6497
0.6524
0.6558

Friday 21 August 2015

USD/JPY Forex Technical Analysis and Strategies



TECHNICAL ANALYSIS : The primary trend of USD/JPY is bullish but from the past few trading sessions, prices are no more sustaining at higher levels & looking weak for the upcoming sessions. The pair is consolidating with strong negative bias to give a breakout at downside. Prices are also taking support at the important level of 120. Today if the pair breaks its support level & managed to sustain below it, then we can expect it to test the level of 119.60/119.30 in today's session.

INDICATORS
RSI is sustaining near the selling territory, indicating the upcoming bearish trend in the pair.
MACD has recently breached the zero line, indicating the upcoming bearish trend in the pair.

USD/JPY Forex Trading Signals and Strategies


STRATEGY :- USD/JPY is looking further bearish on charts. One can go for sell on higher level strategy for this pair for intra day to mid term positions.



Thursday 13 August 2015

AUD/JPY Technical Analysis and Forex Signal for Today


AUD/JPY Forex Technical Analysis and signal


SUMMARY:
The secondary trend of AUDJPY is sideways on charts and from past few trading sessions prices are not sustaining at lower levels & consolidating with strong positive bias to give break out at upside. In its hourly chart, prices are facing an important resistance at the level of 93.20. 200 DMA is also supporting the upcoming bullish trend in the pair. If it breaks the resistance level of 93.20 at upside then we can expect it to test the level of 93.60/93.90.

INDICATORS:-
RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair.
MACD line is also sustaining in buying territory indicating the bullish trend in the pair.

AUD/JPY Forex Technical Analysis and signal
Technical Chart

STRATEGY:- AUDJPY has bounced back from the lower level & looking bullish on charts for next few session. One can go for buy on dips strategy for this pair for intra day to mid term positions.