ForexPeoples Daily Technical Analysis for The Majors (4 Pair Forex)

[FP Representative]

Daily Technical Analysis for Wednesday, October 17, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
The big trend on this EU look still up bulls. The MACD also all most Big MA here still nice support bulls. but, please note and be aware for intraday trade - because the price now on move near the nearest supply area at 1.3118. So, of course - the nice bulls can nice start play again here after that 1.3118 = can be break-up by strong buyer then.

GBPUSD
The GU also on bulls. This likely same with EU - the MACD also Big MA on nice support bulls of course. And then, On my see = search for nice Buy OP here = better only/after the buyer then can break up more to that monthly MA (near 61.8 fib = 1.6125) of course.

USDJPY
The USDJPY on look to be bearish. We see this bearish still nice play if truly the price movement can not up again to more that strong supply at near price 78.96. And of course - with this look - search again for nice Sell OP here = better with SL above that 78.96. Look, the MACD (on 4h TF) on probably support this bearish planning.

USDCHF
USDCHF till now on look bearish. The MACD and also Big MA support bearish. And on 4H TF = with use fibo - we see the price (seller) was able / can break down that strong Low Fib at 0.9274. So, search for sell = still better with SL max. set on above 0.9274, of course.

Regards.

 

[FP Representative]

Daily Technical Analysis for Thursday, October 18, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
The Big trend on EU till now still bulls. But, on 4H TF = we see that price on consolidation (first) bellow that strong supply area (1.3139) and no nice idea to make buy now. Just wait and see. Then, if that supply (1.3139) can be break too by buyer = yes, search for Buy here = better.

GBPUSD
I want to say - just be aware about bearish correction first here = if then price (from top) can break down more to that 23.6 fib (1.6131) on 4H TF. So, if that happen = truly the bearish still be here (first) till max. to re-test that 38.2 fib 1.6101. On other way : please note : The big trend here still on bulls.

USDJPY
Nice bulls. Big MA still show this bulls till now. Now price try to re-test that so strong supply at 79.21. On my see = search for buy with using max. TP before that supply 79.21 = better idea.

USDCHF
Big trend on still look bearish - but for intraday trade - on 4H TF = I see - this bearish look weak (first) because now price on move near that Low Fib (0.9213). On other say - price now look sideways first = so just wait and see. And to called this pair on more nice bearish = of course - the seller on this pair must break down more to that 0.9213 on next price move, I see.

Regards.

 

[FP Representative]

Daily Technical Analysis for Friday, October 19, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
The price look on bearish now. We see the MACD on support bearish (for intraday trade). And yes, if then price here can move on bellow that 23.6 fib (1.3065), I see, search for sell = better.

GBPUSD
The GU on also look bearish - I see - MACD on this 4H TF still support this bearish. And as long as the price still can move bellow that 61.8 fibo (bellow price 1.6053) = So, of course, make search for sell OP again here = better idea.

USDJPY
Till now - The USDJPY on nice up bulls. MACD and also the Big MA on still support this bulls. With simple say = Yes, if then price can break up to more that so strong supply at 79.45 = search again for buy = better.

USDCHF
MACD condition till now on look bulls. We see this bulls still probably play here as long as the price can not break down again more that so strong demand at 0.9213. So, for today trade plan, search for buy with using max. SL bellow that demand 0.9213 = wise action, I see.

Regards.

 

[FP Representative]

Daily Technical Analysis for Sunday, October 21, 2012 (analysis price for opening price - tomorrow) - by ForexPeoples.Com | use H4-TF chart

EURUSD
On my see - the probably price move here then can be bearish if then the seller candle on 4H TF can break down again to more that 38.2 fib line 1.3019. So, of course - the searching for sell better here only price candle was move bellow that 1.3019 then.

GBPUSD
The bearish also look here. This likely same with EU condition. Trend on look still to be bearish of course - if the price still can move bellow that 76.4 fibo 1.6023 (on 4H TF) - Search for sell better. Look the MACD also on support bearish too.

USDJPY
Trend till the closed price this week still bulls but weak - On 4H TF = We can see that the price on move near/bellow that strong supply 79.45. So, if we plan to search for nice Buy = just wait and see for breakout price to more up (to break up first that 79.45) of course.

USDCHF
The bulls on nice here. We see the price on try to break up again to that 38.2 fib (break from bottom) on 4H TF. On my simple say = If then truly that 38.2 fib 0.9297 can be break - search again for buy = better.

Regards.

 

[FP Representative]

Daily Technical Analysis for Monday, October 22, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
As I mentioned above - for probably price move (today) = Yes, I see - the bearish trend here. But, to make a sell OP = it's wise to see and pay attention to that 38.2 fib at 1.3019. Search for sell = better after that 1.3019 was break from top.

GBPUSD
The GBPUSD also likely same with EU. I see - the more probably price move is bearish. Price now on try to break down that strong demand 1.5975. And yes, searching for bearish here = better after that 1.5975 can e break too by strong seller (then - here).

USDJPY
The USDJPY on look to move - to be bearish - if on today move - buyer still can not break up again to the strong supply (near 79.45). I see the MACD and also MA on several Big TF = look support to bearish. but if we search for sell - please note : that nice SL for sell look nice set above that 79.45.

USDCHF
The more bulls trend still look here - we see the MACD on 4H TF on support bulls till now. Then, when I see to the Fibo line on same TF (4H) this bulls can probably nice if buyer was move up again more to that 38.2 fibo (0.9297). If that happen = Yes, search for buy again = better

Regards.

 

[FP Representative]

Daily Technical Analysis for Tuesday, October 23, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
The breakout up price to bulls look here. And we see - for today move - this EURUSD likely to more up again if truly then the buyer that come from bellow 23.6 fib can break up that 23.6 fib (1.3065). And yes, if the price then can move again above 1.3065 = search for Buy = better choice, I see.

GBPUSD
The GU - on my see also on look to become bulls if on today move - price (from bottom) can move up and break to that so strong 76.4 fib at near price 1.6029. So, we can search again for Buy here if that 1.6029 was break by buyer. Or we can set the BuyStop above that 1.6029. I see - it's wise decision. Just it.

USDJPY
The bulls on this pair (on 4H TF) look weak as long as the buyer still can not break up that so strong supply area (near price 80.03). Just wait and see too = it's more better action. I can say this pair on nice bulls and good to be search for new buy OP after truly the 80.03 was break by strong buyer then. If not, on other hand = just be aware with bearish correction first.

USDCHF
The today trend of USDCHF still on look bulls. We see the MACD show this bulls. But please note - that this bulls will only nice strong bulls if price then can break up to that 38.2 fibo 0.9292. So, as long as the price still move bellow that 0.9292 = for intraday trade = I call this = still sideways. Just wait and see.

Regards.

 

[FP Representative]

Daily Technical Analysis for Wednesday, October 24, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
I see - The trend on still look bearish (till now). The MACD on still support this bearish. Then - for intraday trade - I see, it's better to search for sell if truly the seller then also can break down to that 76.4 fib line at 1.2949. And yes - search again for sell = better only/after that 1.2949 was break (from top). On other hand = sideways still here if price still move slow above that 1.2949, I see.

GBPUSD
Big trend still on bearish. but, for intraday trade = we see too that price on probably up (first) = because on this pair was formed a nice bulls pinbar that pullback from that Low Fibo 1.5912. So, as long as the seller can not break down that 1.5912 = I see - price to probably up first = yes here. and look more bulls if then 23.6 fib at 1.5975 can be break by strong buyer.

USDJPY
The USDJPY on still look consolidation. Now, We see - the price on still slow move near that so strong supply area at 80.00. So, just be aware = as long as the price (buyer) can not break up again more to that 80.00 = this can be a trigger to change trade to bearish. Let's see. Look, the MACD on on 4H TF - more support to probably bearish too.

USDCHF
USDCHF look on consolidation (first) - but can be more bulls again if then buyer (here) can up again more to that daily breakout line at 0.9343. If price still can not break up to that 0.9343 = just wait and see = it's better (of course). Additional info : look to the MACD on this 4H TF = yes, still nice support for bulls, I see.

Regards.

 

[FP Representative]

Daily Technical Analysis for Thursday, October 25, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
The EURUSD trend for today probably movement look bulls if then price (from bottom) truly can beak that 61.8 fib at 1.2985. So, with simple see = of course search for buy = better then. Or, we can set the Pending order with BuyStop on above that 1.2985.

GBPUSD
The GU also look bulls. We see the MACD on 4H TF - till now on support to bulls. Then - on this TF - we also the price on try to break up to that pivot 1.6045. Search for buy = better after that 1.6045 was break y strong buyer here, then. I see.

USDJPY
The USDJPY on still look bulls. We see the price on try to test again that so strong supply at 80.00. And with this look = of course, search again for buy = better idea,but with use TP no more bigger than 80.00. Just it.

USDCHF
The bearish trend probability = yes look here (on today move). Look, price now on try bearish - to break down that 61.8 fib at 0.9311. On my simple analysis = search again for sell here = better - only/after that 0.9311 can be break by strong bearish candle, then.

Regards.

 

[FP Representative]

Daily Technical Analysis for Friday, October 26, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
The EURUSD on still look to probably bearish (for today move) if the price candle (on 4H TF) can break down to that Low Fib at 1.2919. Of course - search again for sell = better after that breakout down to more that 1.2919 happen. Or, we can set the pending order with SellStop on bellow that 1.2919 (of course).

GBPUSD
GU also on look to be bearish if price (buyer) still can not break up again more to that daily breakout line at 1.6143. And yes - search for sell - better but with use SL on above that 1.6143. On other hand = we will see the more bulls continuation here (of course) = if that 1.6143 can be break by strong bulls candle then.

USDJPY
The trend on still bulls, I see = but weak. This still called weak bulls as long as the price still move on bellow that so strong supply area at 80.53 = So, just wait and see. And on other hand = just be aware with probably bearish (although just for bearish correction) as long as the buyer still can not break up to more that 80.53 (of course).

USDCHF
Nice bulls. we see - that if USDCHF on 4H TF can break up again to the nice and strong nearest resistance (0.9362) = Yes, search again for nice Buy = better idea here. But, please note : of course - this still called consolidation if price candle still move slow bellow that 0.9362 (on today movement), I see.

Regards.

 

[FP Representative]

Daily Technical Analysis for Saturday, October 27, 2012 (analysis price for next opening price - next week) - by ForexPeoples.Com | use H4-TF chart

EURUSD
Price on look pullback up bulls. I see - on closed price this week - the price on try to up again and look want to break that 23.6 fib at 1.2942. If then price can move above that 1.2942 = Yes, search for buy here = better.

GBPUSD
I see - the GU can be more bearish then = if truly - the seller (on this pair) can break down to more that strong Golden Fibo Ratio (61.7 fib line = 1.6077). And yes - search for sell = will be better choice if truly the seller can move bellow that 1.6077 (61.8 fib) then.

USDJPY
The most trend on this 4H TF = look still bearish. But please note : for nice bearish movement = truly, the seller must break down (first) to that 79.45 (strong weekly breakout line). On other hand = as long as the price still move above that 79.45 = I just call this pair on still sideways = just wait and see.

USDCHF
The bearish = yes, here. On see = price on try to test again to bellow = to near that 38.2 fib at 0.9320 = yes, for next trade = search for sell with TP near 0.9320 = better.

Regards.

 

[FP Representative]

Daily Technical Analysis for Monday, October 29, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
This analysis - a little different with the previous - but almost same. I see - The big trend still on bearish. I see - as long as the price still move bellow that 23.6 fib line (1.2942) = yes, this bearish still nice here. On other side - just be aware if then price (from bottom) can move up more that 23.6 fib (1.2942) - if that happen = just be aware = there will be probably a nice trigger to bulls here, I see.

GBPUSD
The GBPUSD on still look bearish of course. I see - this pair (for today move) can be called nice bearish again after truly then the price (from top) can break down to that 61.8 fib line at 1.6077. Make a pending order with SellStop bellow that 61.8 fibo 1.6077 = wise action, of course.

USDJPY
On my see - yes, this pair still nice up as long as the price still can be move on above that pivot line (79.50). Searching for buy here = Yes, still better idea with use stoploss for buy on bellow that so strong pivot line 79.50.

USDCHF
This pair can become still on it's bulls track as long as the price on this 4H TF still move above that 23.6 fibo (0.9345). So, on my see - search again for buy - but with use Stoploss on bellow that 23.6 fibo (0.9345) = wise idea = here.

Regards.

 

[FP Representative]

Daily Technical Analysis for Tuesday, October 30, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
The trend on pullback up bulls. Look, we see the price pullback from that Low fib at 1.2881. On my simple see - as long as the price (seller) can mot break down again to more that 1.2881 = Yes, search for Buy here = better (now).

GBPUSD
The GBPUSD on also consolidation, I see. Price now move on near that 38.2 fib (1.6011) till the pivot (1.6041). On my see - for today move, if then buyer can break that pivot 1.6041 = Yes, this could be a nice more bulls continuation. On other way - just be aware about bearish too if seller (here) can break down more to the 38.2 fib at 1.6011.

USDJPY
Bulls on look here - I see, for today move - if price (from bottom) can break up again to more that 38.2 fibo line 79.85 = Yes, this could be a ni8ce trigger for bulls continuation here (and search again for Buy OP = better idea, I see).

USDCHF
The USDCHF on 4H TF = look to be more bearish as long as the price can not up again more to that above supply at 0.9386 Then, on my see - the bearish can be play here = if the price, then can break down to that 23.6 fib (0.9345). On simple say - search again for sell OP here = better to do only/after that 23.6 fib (0.9345) was break by strong bearish candle (here) then.

Regards.

 

[FP Representative]

Daily Technical Analysis for Wednesday, October 31, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
This EURUSD for today move can probably more up bulls if then price here - truly can move up again to break up that pivot line 1.2982. On simple say = search again for Buy - will be better here after buyer can break up to that 1.2982. If not, just wait and see = because - price still called sideways as long as the price still move bellow that pivot 1.2982 (of course).

GBPUSD
The GU also on look bulls for today move - this bulls will look nice if truly the buyer (on this pair) then can break up again more to that 23.6 fib line at 1.6088. On simple say = Yes, we can search again for nice Plan for Buy OP here if that 1.6088 was break by strong bulls candle then.

USDJPY
The bearish trend still look here. We can see - the price on still move bellow that pivot 79.75. On my see - as long as the price still move bellow that pivot 79.75 = Yes, search for sell here = still better idea. And then - on 4H TF - I see, this bearish can probably want to re-test again to that 76.4 fib line at 79.42.

USDCHF
For today move = Just be aware with bulls. Look, here (on 4H TF) was formed a nice bulls pinbar on several candle's ago. But, also, I see - the price on look too slow and likely still sideways for now. Then - the nice Buy OP here = only better to do / to search after truly the buyer on this pair can break up to that 38.2 fibo (0.9331). On other hand = if price can go down more to that 61.8 fib (0.9296) = just be aware with more bearish continuation.

Regards.

 

[FP Representative]

Daily Technical Analysis for Thursday, November 01, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
EURUSD till now look sideways first. We can see that price candle on 4H TF = look smooth movement near that 38.2 fib 1.2958 = Just wait and see, it's more better choice for now (of course).

GBPUSD
The GU on look pullback and probably to down as long as the buyer (on today move) can not break up again to more that strong supply at 1.6143. On simple say = search for sell is better here with use Stoploss on above that supply 1.6143. On other hand - if that supply 1.6143 can be break up too with strong bulls candle = Yes, this could be a trigger for more bulls then.

USDJPY
USDJPY on look bulls. Then, for nice more up bulls (on today movement) - of course, the price here must move up and break (first) to that strong 61.8 fibo at 79.96. So, nice search for buy OP is better after that 79.96 was break by buyer. If not - if price still move bellow that 79.96 = Just wait and see = it' called still sideways.

USDCHF
Big trend on still bearish (can be see with MA that now still show this nice bearish). And for now - the bearish look weak as long as the price still move slow near that 61.8 fib (0.9301). Then, of course - search for nice sell here is better after truly the seller (here) can move down to break that 61.8 fib (0.9301), I see.

Regards.

 

[FP Representative]

Daily Technical Analysis for Friday, November 02, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
Trend on EU till now still look bearish, I see. The most MA now show this nice bearish of course. Then - for nice / better more bearish here - of course, the price (from top) must break down too to that 23.6 fibo (1.2914). On simple say = nice search for sell is better here if seller had break down to that 1.2914 (of course).

GBPUSD
The GU also likely same with EU condition = that, I see - this can to be more probably = bearish if then price here can move bellow that 23.6 fib (1.6113). Note : I see the chart with 4H TF. Search again for sell is better with SL above that 23.6 fib (1.6113). Additional info : I see - the MACD also on support this bearish probably too.

USDJPY
Big trend till now for this USDJPY pair still on bulls but weak for intraday trade. I see - till now price still move on bellow / near that strong supply. So, to become more nice up bulls = of course, price from bottom here must break up again to that 80.38 (supply). On simple say - yes, we can search for buy if that 80.38 was break by strong buyer. If not (price still move bellow that 80.38) - just wait and see = it's sideways.

USDCHF
Bulls look here. We see the most MA on big TF support this bulls. Then, for intraday trade - nice to be search bulls can be start if then buyer on this pair was truly can break up again to that strong pivot at near price 0.9330. Yes, we can search buy if that 0.9330 was break from bottom (then). On other hand = just wait and see if price still move bellow that pivot 0.9330 = because it is called still sideways (of course).

Regards.

 

[FP Representative]

Daily Technical Analysis for Saturday, November 03, 2012 (analysis price for next opening price - next week) - by ForexPeoples.Com | use H4-TF chart

EURUSD
The bearish still look can probably play here. But, please note : on 4H TF - we see too - price on near that strong demand 1.2811. Do, for called nice more bearish, truly the seller must break down more that 1.2811 (then). If not, just be aware with bulls pullback (first) although just bulls correction.

GBPUSD
Big trend on GU also look still bearish. But, of course for intraday trade - if we want to sell again here = we must wait and see for breakout price to more down to that 76.4 fibo at 1.5992. So, on simple say = nice new sell OP again here better to do if that 1.5992 was break by strong seller. On other hand = just be aware with bulls pullback up if price can pullback from that 1.5992 (then).

USDJPY
Trend on look pullback down. I see - this pair for next price move likely to more bearish if then price (from top) can break down to the 23.6 fibo line (near 80.34). So, just wait and see for that breakout probability on 80.34. If that 80.34 still can not be break by seller - just be aware about price sideways first above that 23.6 fib 80.34.

USDCHF
Nice bulls. We see - that the price till closed price this week was break-up to that strong resistance on near price 0.9386. So, as long as the price then can still move above that 0.9386 = Yes, search again for buy = better. I see, the target for bulls is to near the price 0.9426 (near that strong supply).

Regards.

 

[FP Representative]

Daily Technical Analysis for Monday, November 05, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
Hi, on this session I want to say = just be aware of pullback up bulls here as long as the price candle on this 4H TF of EU still move above that strong demand zone area (1.2794), So, yes - we can search for buy but with SL on bellow that 1.2794 I see. On other look, of course this pair can more bearish if seller here can break down to that 1.2794 then.

GBPUSD
Nice down trend - Yes, the big trend on GU on still bearish. The price on on try to break down again to that daily breakout line at .6006 and to break that 76.4 fibo at 1.5992. Of course - if we plan to make a sell OP here, I see - it's wise to wait and see for the breakout to more that 1.5992. If that 1.5992 still can not be break by strong seller = I see - this will just sideways first and also probably to pullback up (first) for bulls correction, I see.

USDJPY
Bulls trend but with weak move still play here. I see the pair can more nice bulls and good to be take Buy OP = only or after the buyer on this pair can break up to that strong supply area at 80.67. On other and simple say = if that 80.67 still can not be break by buyer, I just see this is a sideways = just wait and see, it's more better decision (of course).

USDCHF
The USDCHF on still bulls - with more probably price bulls can touch max. to near that strong supply zone at (near price 0.9426). Yes, as my previous post - make a search for buy still better but with small TP. And please be aware of pullback down here - if then here was formed a nice price action candle that look pullback down from near that 0.9426 (then).

Regards.

 

[FP Representative]

Daily Technical Analysis for Tuesday, November 06, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
On 4H TF, I See this is a probably price to up bulls as long as the price (seller) can not break down again to that low fib at 1.2766. Of course - search again for buy but with use a wise Stoploss on bellow that Low Fib 1.2766 = better idea for now.

GBPUSD
The GBPUSD also on look bulls too. We see the price pullback up from that nearest demand (1.5956). And with this look - of course, this likely on EU, we can search for Buy here now - but with always use Stploss on bellow that demand zone 1.5956.

USDJPY
The trend on still can be more bearish - if on today move - price here can move down and break that 38.2 fibo at 81.14. On simple say - Yes, search again for sell here is better to take = only / after that 80.14 can be break by strong seller then. If not (price still move above that 80.14), I just called sideways.

USDCHF
The bearish trend can be here if price then can not move up again to more that strong resistance at 0.9449. So, if on this pair was formed a nice and strong bearish candle = yes, search for sell Op with SL above that 0.9449 = better idea.

Regards.

 

[FP Representative]

Daily Technical Analysis for Wednesday, November 07, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
The EURUSD look to probably can bulls if price here on today move can more move up to that 23.6 fib at 1.2824. So, if that 1.2824 was break by buyer here = I see, search again for buy better. But if price still move bellow that 1.2824 = wait and see is better to avoid false signal here.

GBPUSD
Trend here also can be more up bulls after truly the price here can move up again more to that 23.6 fibo at 1.6008. So, if we want to search for nice buy OP - I see, it's wise to wait and see for that breakout price to that 23.6 fib 1.6008. On other say - if price here still move bellow that 1.6008 = I just call sideways (first).

USDJPY
The trend can be down to re-test that 38.2 fib at 80.14. Of course, make search sell with TP before that 38.2 fib at 80.14 is better. But, on other hand = we must also pay attention to that 23.6 fibo at near price 80.34. On my look - if that 80.34 can be break by strong bulls candle then = this could be a trigger for more bulls (here).

USDCHF
This pair can be more up again to near that supply (0.9455). And yes - search for buy still better idea (I see) but with use stoploos on bellow that 23.6 fibo 0.9413. On other hand - if price here can down again more that 23.6 fibo 0.9413 (on today move) = this is a bearish probably continuation here, I see. Just it.

Regards.

 

[FP Representative]

Daily Technical Analysis for Thursday, November 08, 2012 - by ForexPeoples.Com | use H4-TF chart

EURUSD
Big trend till now on still bearish but weak. On my see, this EA can be call more nice bearish only/after that strong support line (1.2736) can be break by strong seller again here. If not, I want to say = just be aware with pullback up bulls (as long as the 1.2736 can not be break by seller - of course). Just it.

GBPUSD
Price look pullback up from that demand zone area (1.5954). And now - I see, price look a little sideways above that demand 1.5954. Just wait and see. And more nice bulls can be here if the candle can move up and break that 23.6 fibo. Make a pending order with BuyStop on above 23.6 fib 1.6006 = better. But, on other hand = we must be aware too and pay attention to that 1.5954 for probably more bearish correction if that level can be break by seller (then).

USDJPY
Trend on sideways near that pivot 79.97. With this candle formation = Yes, wait and see is better. Then, I can say this USDJPY on nice bearish if then price can move down and can break that 61.8 fibo (79.80). On simple say, it's wise action if that 79.80 can be break by strong seller then.

USDCHF
Just be aware with bearish. I can say bearish for this pair (for today price move) if price here still can move below that strong resistance line (near price 0.9471). So, with this simple chart look - search again for sell here still better but with use stoploss on above that resistance line (SL for Sell can be set on above price 0.9471), I see.

Regards.