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

[FP Representative]

Daily Technical Analysis for Tuesday, May 5, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
still good to keep looking for sell at this EURUSD pair at this time. Clear, that bearish Pinbar had formed in two days ago, it still supports the down motion, sell ok when prices break to below fibo 1.1122 today.

GBPUSD
sell op plan at GBPUSD is a great idea for today. now let's look at fibo near 1.5089 (near MA 100 - yellow line). If 1.5089 can be in translucent by prices from above, then it is a good start for op sell here.

USDJPY
this USDJPY pair looks to be still strong to bullish. we can buy here if the buyer can hold up / breakup to above 120.28.

USDCHF
still consolidated and not nice to take a new op in USDCHF when the price movement is still weak between 0.9312 to 0.9383. ignore it.

Regards.

 

[FP Representative]

Daily Technical Analysis for Wednesday, May 6, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
Bullish Hammer candle in EURUSD could be a nice trigger to make bullish today here (though this is just bullish correction). would be a good buy if prices continue to move upwards 1.1222.

GBPUSD
only called consolidation for GBPUSD pair if the price movement of this pair is still moving weak between 1.5089 to 1.5217. ignore.

USDJPY
we would advise you to take sell op in USDJPY when the price is able to penetrate down to fibo at 119.73.

USDCHF
The USDCHF trend is still strong down. sell would be nice if the seller is able to break down to below fibo 0.9237.

Regards.

 

[FP Representative]

Daily Technical Analysis for Thursday, May 7, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
can likely downward correction in EURUSD if the buyer can continue upwards to fibo 1.1369. sell with sl above 1.1369 is a great idea.

GBPUSD
GBPUSD is still sideways - the price movement is still weak - we see it still between 1.5150 to 1.5290. ignore it first.

USDJPY
good sell as 119.20 in USDJPY can be broken through from above.

USDCHF
Further downtrend may continue downwards when USDCHF continue to below fibo 0.9115 later.

Regards.

 

[FP Representative]

Daily Technical Analysis for Friday, May 8, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
it would be advisable to seek sell op in the EURUSD pair if the price success breaks to down Fibo at 1.1237. stoploss to sell can we set above 1.1391.

GBPUSD
take buy op in GBPUSD is still ok but with small tp because we see that the price is had so near approaching a supply zone at 1.5590. it means, if the buyer fails to penetrate continue upward 1.5590, the downward correction price is possible happen here later.

USDJPY
be good to buy when the movement of the USDJPY pair has proven successful breaks up 119.86.

USDCHF
it would be nice to find op buy in this USDCHF pair - because there is a bullish pinbar candle yesterday. the initial buy doing when price further could break up 0.9226.

Regards.

 

[FP Representative]

Daily Technical Analysis for Monday, May 11, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
sell will likely very good idea for EURUSD - early sell is if the price from above can be successfully breaks down Fibo at 1.1181 (MA 100 near the yellow line). sl above 1.1276.

GBPUSD
could have the opportunity to correction down for GBPUSD pair - the last price has touched the supply zone at 1.5522. will likely correction to down if a buyer is not able to penetrate up strong supply 1.5522.

USDJPY
still pretty strong down trend will continue to exist here. good sell if the USDJPY can continue down fibo 119.58.

USDCHF
today, USDCHF trend still continue to bullish, would be good to buy op when the strong buyer is really successful breakthrough to the top of fibo 0.9322.

Regards.

 

[FP Representative]

Daily Technical Analysis for Tuesday, May 12, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
The EURUSD trend is likely to continue to be down. see that tcci 20 already red, and if a strong seller today could break down to fibo 1.1130, then take the sell op is a good idea later.

GBPUSD
for GBPUSD - we can see that the pair have opportunity to become downward correction if the buyer has not been able to continue break to above the MA 200 near 1.5612. thus, we can take sell but SL must set at above the MA 200 (SL above 1.5612).

USDJPY
The USDJPY pair is clear that prices are being kept to nice bullish and buy for this pair today. since this morning, buyers have been able to break to top of fibo 120.14, then this good to buy with nearest TP at 120.40.

USDCHF
would be nice to keep looking for buy op in this USDCHF pair. tcci 20 already green. if price break to above 0.9353, then there we start taking buy op here.

Regards.

 

[FP Representative]

Daily Technical Analysis for Wednesday, May 13, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
for EURUSD pair - now being sideways. The sideways zone is between 1.1134 to 1.1278. ignore it and could take a new op when the price is able to get out of that sideways zone boundary.

GBPUSD
because GBPUSD now already in near supply zone 1.5710, then of course there will be the possibility of price correction first to down (during) the buyer in this pair has not been able to continue bullish / still can not breakup to the top of the strong supply (1.5710).

USDJPY
chances for the prices to down is here (for USDJPY) - ie the initial sell if price can break down to fibo 119.78.

USDCHF
only consolidation when motion is still weak at this USDCHF - price still exist between 0.9210 to 0.9357. ignore and don't take buy if the buyer still can not continues to be through to the top of 0.9357 later.

Regards.

 

[FP Representative]

Daily Technical Analysis for Thursday, May 14, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
Will be a chance for correction to the bearish at EURUSD (during) the buyer has not been able to pass the motion up through 1.1382.

GBPUSD
a big trend is still to bullish. but the downward correction may occur in the GBPUSD pair (if) the price movement still remained under supply (1.5768).

USDJPY
for USDJPY - we see there will be opportunities down the sustainable if price able to continue to break through to the bottom of fibo at 119.03. as we see that there is now price continue to below MA 100.

USDCHF
can still likely to downtrend. and it would be nice sell if sellers in USDCHF continued downward able to break through 0.9152.

Regards.

 

[FP Representative]

Daily Technical Analysis for Friday, May 15, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
despite bullish trend is still here but already weakened. EURUSD pair will still be good to buy when the breakup prices happens to above 1.1444.

GBPUSD
We've seen weak bullish on GBPUSD - in advance, the price correction to down can happen when a strong seller translucent continue downwards to fibo 1.5728.

USDJPY
be nice to sell - only if the price movements in USDJPY today successfully breaks down to bellow strong Fibo at 118.88.

USDCHF
simply called only consolidation when there is a price motion remains weak at USDCHF between 0.9077 to 0.9176. ignore it.

Regards.

 

[FP Representative]

Daily Technical Analysis for Monday, May 18, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
we see the EURUSD pair is still moving to bullish. we can plan buy op when a breakup occurs op to above fibo 1.1466 today.

GBPUSD
we would suggest you to look for a sell op on GBPUSD if 1.5701 can be penetrated from above. there stoploss above 1.5808.

USDJPY
The USDJPY prices is are very high volatile (between 119.15 to 119.92). Just ignore it.

USDCHF
only consolidated for this USDCHF pair. not good for take new op when the price still between 0.9113 to 0.9253. but breakup at 0.9253 would be nice to start buy op later.

Regards.

 

[FP Representative]

Daily Technical Analysis for Tuesday, May 19, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
very clear that the EURUSD continues downward. sell now, because strong seller has been able in a translucent 1.1298.

GBPUSD
it would be nice to find sell op on GBPUSD as we see strong seller on further can breaks down 1.5637.

USDJPY
would be nice if today's buyer at USDJPY continues upward motion to 120.03.

USDCHF
great for buy op in USDCHF pair is because buyers have been successfully break up the intraday high at 0.9263.

Regards.

 

[FP Representative]

Daily Technical Analysis for Thursday, May 21, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
still a strong trend to down. good to sell at EURUSD - when the fibo 1.1061 able breached by a strong seller later.

GBPUSD
continue to downtrend and a good sell for GBPUSD - early sell when the pair break to below 1.5472.

USDJPY
great for sell op in this USDJPY pair with a sl above the 121.47 (near supply).

USDCHF
only consolidated for USDCHF pair - don't make a new op when prices still exist between 0.9335 to 0.9404.

Regards.

 

[FP Representative]

Daily Technical Analysis for Friday, May 22, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
Current consolidation but to down. nice to sell if the EURUSD continues downwards 1.1079.

GBPUSD
the possibility for a bullish price is very large - buy GBPUSD if 1.5699 can be penetrated from below.

USDJPY
there is a double top at 121.45 supply. so nice looking with a sl sell in USDJPY above 121.45 supply.

USDCHF
upward correction could continue upwards when USDCHF 0.9380.

Regards.

 

[FP Representative]

Daily Technical Analysis for Monday, May 25, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
downtrend still look strong in this EURUSD pair. sell again but there stoploss above 1.1015.

GBPUSD
Bearish Engulfing Pattern Candle is formed in GBPUSD - sell these days when prices break below 1.5459.

USDJPY
ok by - there will be opportunities to buy when a breakup occurs above 121.57 in USDJPY pair.

USDCHF
also ok for a buy. 0.9455 is fibo to note - buy USDCHF if that level is breached capable buyer.

Regards.

 

[FP Representative]

Daily Technical Analysis for Tuesday, May 26, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
good to sell for EURUSD pair, see d1, seller has broken through to the bottom MA 50 at 1.0958. sell ok now.

GBPUSD
On GBPUSD - take sell op is a good idea. with stoploss above 1.5507.

USDJPY
clear that the USDJPY pair is still strong to bullish, buy when prices break above 121.77.

USDCHF
we will support the motion bullish in USDCHF - buy ok now because since this morning, the buyer has been successful up 0.9455.

Regards.

 

[FP Representative]

Daily Technical Analysis for Thursday, May 28, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
be careful, there are chances of a correction - move to bullish (if the buyer is able to prove to the breakup to the top 1.0928, setting stop losses to buy is at 1.0818.

GBPUSD
GBPUSD still obvious that could have the opportunity to down when a strong seller today successfully penetrating downwards 1.5300 fibo.

USDJPY
there may be an opportunity first downward correction for the pair USDJPY when the pair of motion remained under strong Fibo 124.06.

USDCHF
it is advisable to take the op sell in USDCHF as a strong seller is successfully penetrating continue down Fibo at 0.9465 (MA 100 exceeds yellow line).

Regards.

 

[FP Representative]

Daily Technical Analysis for Friday, May 29, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
still leads to bullish for EURUSD - ok buy if the prices continue to the top of MA 50 at 1.0958.

GBPUSD
for GBPUSD - now consolidation and not just great for new op if there are still weak price movement between 1.5260 to 1.5385. ignore it.

USDJPY
consolidation to down. good sell in USDJPY if it turns out the seller is able to penetrate down 123.49. there stoploss above 124.45.

USDCHF
ok also continue to down. we could sell if proven seller USDCHF pair breaks below 0.9417.

Regards.

 

[FP Representative]

Daily Technical Analysis for Monday, June 1, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
for EURUSD - could look to bullish, buy when the price is able to keep on top of 1.1005.

GBPUSD
GBPUSD still only consolidation when there is between 1.5236 to 1.5342. breakup at 1.5342 would be ok for a buy.

USDJPY
there are still opportunities to bullish. buy when USDJPY above 124.18 continues to this day.

USDCHF
would be nice to sell op if the USDCHF continues downwards 0.9346.

Regards.

 

[FP Representative]

Daily Technical Analysis for Tuesday, June 2, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
advised to take sell when EURUSD breaks below 1.0886.

GBPUSD
nice to sell if the GBPUSD continues / can penetrate down the MA 50 in near 1.5173.

USDJPY
good to buy for in the USDJPY pair is - initial buy when prices break above 124.91.

USDCHF
it is advisable to take a successful op buy when USDCHF breaks up 0.9480.

Regards.

 

[FP Representative]

Daily Technical Analysis for Wednesday, June 3, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
The EURUSD bullish trend still looks strong. a candle at yesterday formed as Piercing Line Pattern demand that bounced from the 1.0915 zone. and if the price could continue to break up 1.1193, then yes it would be nice to take op buy later.

GBPUSD
there is a double bottom and candle Piercing Line Pattern in GBPUSD yesterday. This obviously will be the trigger to the bullish trend reversal. ok buy when prices break above 1.5366 success, do not forget sl below the MA 50 (below 1.5179).

USDJPY
USDJPY pair also have an opportunity to reverse the trend became to down. yesterday there was a double top near overbought. sell will be ok today after making sure the price of the above could continue to break through down below 123.74 fibo strong.

USDCHF
a Bearish Engulfing Pattern candle was formed at yesterday in USDCHF pair. So obviously we are now looking for a good sell opportunity. fibo note below 0.9308. if the price can continue to break down 0.9308, then yes we are a good start taking sell here.

Regards.