Daily forex signal analysis

[jonsmith]

EURUSD BEARISH

The EURUSD pair bounced slightly during the course of the day on Wednesday, using the 1.1026 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 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 1.1128 Support level 1.1073
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]

GBPUSD

The GBPUSD pair bounced slightly during the course of the day on Thursday, using the 1.2877 level as support. At this point in time, the market is looking bearish. The primary trend of GBPUSD is bearish on charts and price is trading below its support trend line in its 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 1.3046 Support level 1.2877
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: GBPUSD 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 Friday, using the 1.3027 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish 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 100 day SMA that are appears on the above image indicating uptrend of the pair.
Resistance level 1.3059 Support level 1.3027
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]

USD/CAD BULLISH

The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.3050 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 4 hourly chart. In its daily chart the price is sustaining above 200 day SMA that are appears on the above image indicating uptrend of the pair.
Resistance level 1.3141 Support level 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 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]

USD/JPY

The USDJPY pair bounced slightly during the course of the day on Monday, using the 103.63 level as support. At this point in time, the market is looking bullish. The primary trend of USDJPY is bullish on charts and price is trading below its Resistance trend line in its 4 hourly chart. In its daily chart the price is sustaining above 100 day SMA that are appears on the above image indicating uptrend of the pair.
Resistance level 104.97 Support level 103.63
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: USDJPY 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]

GBP/USD BULLISH

The GBPUSD pair bounced slightly during the course of the day on Thursday, using the 1.3324 level as support. At this point in time, the market is looking bullish. The primary trend of GBPUSD is bullish on charts and price is trading below its Resistance trend line in its 4 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 1.3479 Support level 1.3324
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: GBPUSD 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

The USDJPY pair bounced slightly during the course of the day on Friday, using the 105.30 level as support. At this point in time, the market is looking bullish. The primary trend of USDJPY is bullish 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 100 day SMA that are appears on the above image indicating uptrend of the pair.
Resistance level 106.10 Support level 105.30
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: USDJPY 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

The GBPUSD pair bounced slightly during the course of the day on Monday, using the 1.3200 level as support. At this point in time, the market is looking bearish. The primary trend of GBPUSD is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 1.3253 Support level 1.3200
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: GBPUSD 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 EURGBP pair bounced slightly during the course of the day on Tuesday, using the 0.8389 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its 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 0.8411 Support level 0.8389
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: 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 in it.

 

[jonsmith]

USD/CAD BEARISH

The USDCAD pair bounced slightly during the course of the day on Wednesday, using the 1.3037 level as support. At this point in time, the market is looking bearish. The primary trend of USDCAD is bearish on charts and price is trading below its support trend line in its 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 1.3075 Support level 1.3037
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: USDCAD 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]

EUR/GBP

The EURGBP pair bounced slightly during the course of the day on Thursday, using the 0.8309 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 0.8351 Support level 0.8309
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: 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 in it.

 

[jonsmith]

EUR/GBP BEARISH

The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8319 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 0.8404 Support level 0.8319
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: 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 in it.

 

[jonsmith]

USD/CHF BEARISH

The USDCHF pair bounced slightly during the course of the day on Monday, using the 0.9837 level as support. At this point in time, the market is looking bearish. The primary trend of USDCHF is bearish on charts and price is trading below its support trend line in its 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 0.9894 Support level 0.9837
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: USDCHF 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]

GBP/USD BEARISH

The GBPUSD pair bounced slightly during the course of the day on Tuesday, using the 1.3082 level as support. At this point in time, the market is looking bearish. The primary trend of GBPUSD is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 1.3147 Support level 1.3082
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: GBPUSD 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

The USDCHF pair bounced slightly during the course of the day on Tuesday, using the 0.9832 level as support. At this point in time, the market is looking bearish. The primary trend of USDCHF is bearish on charts and price is trading below its support trend line in its 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 0.9890 Support level 0.9832
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: USDCHF 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

The USDCHF pair bounced slightly during the course of the day on Thursday, using the 0.9763 level as support. At this point in time, the market is looking bearish. The primary trend of USDCHF is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 100 day SMA that are appears on the above image indicating downtrend of the pair.
Resistance level 0.9805 Support level 0.9763
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: USDCHF 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

The EURGBP pair bounced slightly during the course of the day on Friday, using the 0.8416 level as support. At this point in time, the market is looking bearish. The primary trend of EURGBP is bearish on charts and price is trading below its support trend line in its 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 0.8458 Support level 0.8416
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: 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 in it.

 

[jonsmith]

GBPUSD

The GBPUSD pair bounced slightly during the course of the day on Monday, using the 1.3169 level as support. At this point in time, the market is looking bearish. The primary trend of GBPUSD is bearish on charts and price is trading below its support trend line in its 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 1.3262 Support level 1.3169
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: GBPUSD 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 GBPUSD pair bounced with good positive close during the course of the day on last trading session, Now trading above 1.3300 psychological support mark. At this point in time, the market is looking bullish. The short trend of GBPUSD was sideways on charts and price has given breakout resistance level in its 4 hourly chart. In its hourly chart the price is sustaining above 50 day DMA that are appears on the above image indicating short term trend of the pair.
Resistance level 1.3470 Support level 1.3150
If it manages to sustain above its support level then we can expect it to show further upside movement in the pair.

INDICATORS:-
RSI is sustaining above 50 mark in positive territory indicating the upcoming positive trend in the pair.

STRATEGY: GBPUSD 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]

USDJPY BEARISH

The USDJPY pair getting consolidate with negative biased and trading with resistance of Ichimoku Kinko Hyo cloud that appears on the above image indicating short term trend of the pair. At this point in time, the market is looking bearish. Also, the long trend of USDJPY is bearing on charts and price has given breakout support level in its 4 hourly chart. In its hourly chart the price is sustaining below 50 day DMA.
Resistance level 102.20 Support level 101
If it manages to sustain below 101.30 and break its support level then we can expect it to show further down side movement in the pair.

INDICATORS:-
RSI is sustaining below 50 mark in negative territory indicating the upcoming negative trend in the pair.

STRATEGY: USDJPY is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair.