Daily forex signal analysis

[jonsmith]

EURJPY BEARISH

The primary trend of EUR/JPY 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 also forming Descending triangle pattern that are appears on the above indicating downtrend of the pair.
Resistance level of 122.10 and Support level of 120.60
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: 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]

GBPUSD BEARISH

The primary trend of GBP/USD 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 that are appears on the above indicating downtrend of the pair.

Resistance level of 1.4600 and Support level of 1.4400
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: 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 BEARISH

The primary trend of USD/CAD is bearish on charts and price is trading below its support level in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level of 1.2840 and Support level of 1.2750
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]

AUDUSD BEARISH

The primary trend of AUD/USD is bearish on charts and price is trading below its support level in its daily chart. In daily chart the price is sustaining below 100day SMA that are appears on the above image indicating downtrend of the pair.

Resistance level of 0.7400 and Support level of 0.7350
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: AUD/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 its support trend line in its 4 hourly chart. In its 4 hourly chart the price is sustaining below 100day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level of 1.1250 and Support level of 1.1180
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: 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 GBP/USD pair bounced slightly during the course of the day on Wednesday, using the 1.4100 level as support. At this point in time, the market is looking bearish. The primary trend of GBP/USD is bearish on charts and price is trading below its support trend line in its 4 hourly chart. In its 4 hourly chart the price is sustaining below 100day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 1.4230 and Support level 1.4100
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: 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]

EURGBP BEARISH

The EUR/GBP pair bounced slightly during the course of the day on Wednesday, using the 0.7870 level as support. At this point in time, the market is looking bearish. The primary trend of EUR/GBP is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its 1 hourly chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level of 0.8000 and Support level of 0.7870
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: EUR/GBP 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]

USDJPY

The USD/JPY pair bounced slightly during the course of the day on Wednesday, using the 104.29 level as support. At this point in time, the market is looking bearish. The primary trend of USD/JPY is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its 1 hourly chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 104.90 and Support level 104.29
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/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]

USD/CHF BEARISH

The USD/CHF pair bounced slightly during the course of the day on Wednesday, using the 0.9570 level as support. At this point in time, the market is looking bearish. The primary trend of USD/CHF is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its 1 hourly chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 0.9650 and Support level of 0.9570
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.

 

[jonsmith]

USDCHF BEARISH

The USD/CHF pair bounced slightly during the course of the day on Wednesday, using the 0.9570 level as support. At this point in time, the market is looking bearish. The primary trend of USD/CHF is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its 1 hourly chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 0.9650 and Support level 0.9570
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.

 

[jonsmith]

NZDUSD

The NZDUSD pair bounced slightly during the course of the day on Wednesday, using the 0.6965 level as support. At this point in time, the market is looking bearish. The primary trend of NZDUSD is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its 1 hourly chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 0.7100 and Support level 0.6965
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: NZDUSD 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 EURUSD pair fallen slightly during the course of the day on Friday, broken the 1.1095 level as support. At this point in time, the market is looking bearish. The primary trend of EURUSD is bearish on charts and price is trading below its support trend line in its daily chart. In its daily chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 1.1100 and Support level 1.1040
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: EURUSD 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 EURUSD pair bounced slightly during the course of the day on Wednesday, using the 1.1030 level as support. At this point in time, the market is looking bearish. The primary trend of EURUSD is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its 1 hourly chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level of 1.1190 and Support at level of 1.1030
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: EURUSD 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 EURUSD pair bounced slightly during the course of the day on Wednesday, using the 1.1030 level as support. At this point in time, the market is looking bearish. The primary trend of EURUSD is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its 1 hourly chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.

Resistance level 1.1190 and Support level 1.1030
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: EURUSD 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 EURUSD pair bounced slightly during the course of the day on Wednesday, using the 1.1080 level as support. At this point in time, the market is looking bearish. The primary trend of EURUSD is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its daily chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.

Resistance level 1.1190 and Support level of 1.1080
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: EURUSD 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 EURUSD pair bounced slightly during the course of the day on Wednesday, using the 1.1080 level as support. At this point in time, the market is looking bearish. The primary trend of EURUSD is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its daily chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.

Resistance level 1.1190 and Support level of 1.1080
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.
View attachment 7737
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: EURUSD 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.

UPDATED CHART

 

[jonsmith]

EURUSD

The EURUSD pair bounced slightly during the course of the day on Thursday, using the 1.1022 level as support. At this point in time, the market is looking bearish. The primary trend of EURUSD is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its daily chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 1.1160 and Support level 1.1022
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: EURUSD 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]

EURJPY BEARISH

The EURJPY pair bounced slightly during the course of the day on Friday, using the 113.28 level as support. At this point in time, the market is looking bearish. The primary trend of EURJPY is bearish on charts and price is trading below its support trend line in its 1 hourly chart. In its daily chart the price is sustaining below 200 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 15.50 Support level 113.28
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: 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 in it.

 

[jonsmith]

USDCAD BULLISH

The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.2830 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bearish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 50 day SMA that are appears on the above image indicating uptrend of the pair.
Resistance level 1.2891 Support level 1.2866
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 positive trend in the pair.

STRATEGY: USDCAD 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]

AUDUSD

The AUDUSD pair bounced slightly during the course of the day on Tuesday, using the 0.7406 level as support. At this point in time, the market is looking bearish. The primary trend of AUDUSD is bearish on charts and price is trading below its support trend line in its 4 hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the above image indicating downtrend of the pair.

Resistance level 0.7487 Support level 0.7406
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: AUDUSD 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.