Daily Technical Analysis for Wednesday, February 5, 2014 - by ForexPeoples.Com | using Daily-TF chart.
EURUSD
for EURUSD - ok buy for now - see the daily tf, after price break to above the 1.3538 = that time for us to start again buy op then. just it.
GBPUSD
now good to look for buy GBPUSD - we see at yesterday - candle daily pullback up from strong demand 1.6256. search buy with sl bellow 1.6256 is wise now.
USDJPY
this pair till now still move near that oversold zone. so not good for sell. and let change the plan. i mean, the USDJPY most likely to correction bulls. take a buy if price also break up to above the line 101.67 then.
USDCHF
flat but to continue bulls. the tcci average 20 day now green but still weak and not so good for buy after / till buyer on USDCHF break up to above fib 0.9061.
Regards.
EURUSD
for EURUSD - ok buy for now - see the daily tf, after price break to above the 1.3538 = that time for us to start again buy op then. just it.
GBPUSD
now good to look for buy GBPUSD - we see at yesterday - candle daily pullback up from strong demand 1.6256. search buy with sl bellow 1.6256 is wise now.
USDJPY
this pair till now still move near that oversold zone. so not good for sell. and let change the plan. i mean, the USDJPY most likely to correction bulls. take a buy if price also break up to above the line 101.67 then.
USDCHF
flat but to continue bulls. the tcci average 20 day now green but still weak and not so good for buy after / till buyer on USDCHF break up to above fib 0.9061.
Regards.