Daily forex signal analysis

[jonsmith]

GPBJPY BULLISH

The secondary trend of GBP/JPY is bullish on charts and price is trading above the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and taking support of 50 day SMA on the upside indicating uptrend of the pair.

Resistance level of 156.10 and Support level of 154.90
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.

INDICATORS:-
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.

STRATEGY: GBP/JPY is looking bullish 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.

 

[jonsmith]

USD/JPY BULLISH

The secondary trend of USD/JPY is bullish on charts and price is trading above the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and taking support of 50 day SMA on the upside indicating uptrend of the pair.

Resistance level of 107.45 and Support level of 106.90
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.

INDICATORS:-
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.

STRATEGY: USD/JPY is looking bullish 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.

 

[jonsmith]

EUR/JPY BEARISH

The primary trend of EUR/JPY is bearish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA on the downside indicating downtrend of the pair.
Resistance level of 122.55 and Support level of 121.70
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/JPY 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 in it.

 

[jonsmith]

NZDUSD BEARISH

The primary trend of NZD/USD is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 huorly chart the price is sustaining below 500 day SMA and taking resistance of 200 day SMA downside indicating downtrend of the pair.
Resistance level of 0.6881 and Support level of 0.6809
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: NZD/USD 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 in it.

 

[jonsmith]

GBPAUD BULLISH

The primary trend of GBP/AUD 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 on the upside indicating uptrend of the pair.

Resistance level of 1.9680 and Support level of 1.9626
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.

INDICATORS:-
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.

STRATEGY: GBP/AUD is looking bullish 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.

 

[jonsmith]

EUR/GBP BULLISH

The primary trend of EUR/GBP 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 on the upside indicating uptrend of the pair.
Resistance level of 0.7920 and Support level of 0.7820
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.

INDICATORS:-
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.

STRATEGY: EUR/GBP is looking bullish 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.

 

[jonsmith]

EURAUD BULLISH

The secondary trend of EUR/AUD 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 on the upside indicating uptrend of the pair.
Resistance level of 1.5400 and Support level of 1.5475
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.

INDICATORS:-
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.

STRATEGY: EUR/AUD is looking bullish 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.

 

[jonsmith]

GBPUSD BEARISH WEEK

The primary trend of GBP/USD is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 50 day SMA and taking resistance of 200 day SMA on the downside indicating downtrend of the pair.
Resistance level of 1.4425 and Support level of 1.4340
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: GBP/USD 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 in it.

 

[jonsmith]

USD/CAD BULLISH

The secondary trend of USD/CAD is bullish on charts and price is trading above its support line in its hourly chart. In hourly chart the price is sustaining above 100 day EMA and taking support of 50 day SMA on the upside indicating uptrend of the pair.
Resistance level of 1.2930 and Support level of 1.2820
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.

INDICATORS:-
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.

STRATEGY: USD/CAD is looking bullish 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.

 

[jonsmith]

USDCAD BULLISH

The secondary trend of USD/CAD is bullish on charts and price is trading above its support line in its hourly chart. In hourly chart the price is sustaining above 100 day EMA and taking support of 50 day SMA on the upside indicating uptrend of the pair.
Resistance level of 1.3000 and Support level of 1.2870
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.

INDICATORS:-
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.

STRATEGY: USD/CAD is looking bullish 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.

 

[jonsmith]

USD/CAD BULLISH

The secondary trend of USD/CAD is bullish on charts and price has been broken its resistance level and market is ready to go higher. In hourly chart the price is sustaining above 100 day EMA and taking support of 50 day SMA on the upside indicating uptrend of the pair.
Resistance level of 1.4000 and Support level of 1.1340
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.

INDICATORS:-
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.

STRATEGY: USD/CAD is looking bullish 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.

 

[jonsmith]

NZD/CAD

The primary trend of NZD/CAD is bearish on charts and price has been broken its support trend line and sustaining below it. In its hourly chart, the price is sustaining below 100 days, which are pushing price to go lower.
Resistance level of 0.6810 and Support level of 0.6750
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: NZD/CAD 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 in it.

 

[jonsmith]

USDCAD BULLISH

The primary trend of USD/CAD is bullish on charts and price has been broken its resistance trend line and sustaining above it. In its hourly chart, the price is sustaining above 100 days SMA, which are pushing price to go higher.

Resistance level of 1.3160 and Support level of 1.3060
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.

INDICATORS:-
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.

STRATEGY: USD/CAD is looking bullish 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.

 

[jonsmith]

EUR/USD

The primary trend of EUR/USD is bearish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA on the downside indicating downtrend of the pair.
Resistance level of 1.1215 and Support level of 1.1130
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/USD 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 in it.

 

[jonsmith]

EURUSD

The primary trend of EUR/USD is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA on the downside indicating downtrend of the pair.

Resistance level of 1.1156 and Support level of 1.1100
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

INDICATORS:-
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/USD 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 in it.

 

[jonsmith]

EURUSD BEARISH

The primary trend of EUR/USD is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA on the downside indicating downtrend of the pair.
Resistance level of 1.1160 and Support level of 1.1100
Also market is ready to break its support trend line that are appear on above image. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: EUR/USD 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 in it.

 

[jonsmith]

GBPUSD BEARISH

The primary trend of GBP/USD is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 50day SMA and taking resistance of 200 day SMA on the downside indicating downtrend of the pair.
Resistance level of 1.4560 and Support level of 1.4420
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.

STRATEGY: GBP/USD 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 in it.

 

[jonsmith]

USDCAD BULLISH

The secondary trend of USD/CAD is BULLISH on charts and price is trading above its support trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining above 50day SMA and taking support of 200 day SMA on the upside indicating uptrend of the pair.

Resistance level of 1.3120 and Support level of 1.3050
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.

INDICATORS:-
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.

STRATEGY: USD/CAD is looking bullish 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.

 

[jonsmith]

USDCAD

The primary trend of USD/CAD is bearish on charts and price is trading below its support trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 100day SMA and sustaining below it that are appears on the above indicating downtrend of the pair.

Resistance level of 1.3010 and Support level of 1.2930
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: USD/CAD 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 in it.

 

[jonsmith]

USDCHF BEARISH

The primary trend of USD/CHF is bearish on charts and price is trading below its support trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200day SMA and sustaining below it that are appears on the above indicating downtrend of the pair.

Resistance level of 0.9760 and Support level of 0.9670
If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.

INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.

STRATEGY: USD/CHF 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 in it.