Browsing all articles tagged with billish

EUR/USD D1 Technical June 05

The outlook for the pair is bullish. Yesterday pair got bearish and target 1.3040 level but get a bounce which is indicating bullish potential in pair. Bollinger bands are providing buy signals for the EUR/USD. Pair is expected to go up and face its resistance at 1.3145 level.

If EUR/USD manage to break 1.3145 level and H4 candle closure above resistance level then pair will further move towards north and target 1.3170-200-40 level respectively.

On the other hand. If EUR/USD fails to break its resistance and H4 candle closure below 1.3100 then pair will show lack of bullishness and EUR/USD will then fall rapidly and target 1.3040-300 level respectively.

High impact News can change the scenario. News like Non-Farm Employment Change, ISM Non-Manufacturing PMI.



AUD/USD D1 Technical February 26

AUD/USD is in bearish trend. Pair will face its support today at 1.0213 level. If pair hold its resistance 1.0290 level then Aussies is expecting to target 1.0165-45 level respectively. If H4 candle close above support level then it will change the scenario and pair will then gain bullish strength and will target Northward.

High impact News of USD can change the scenario. News like CB Consumer Confidence, Fed Chairman Bernanke Testifies and New Home Sales.


AUD/USD D1 Technical February 20

The outlook for the pair is still bullish. Pair will face its resistance at 1.0375-80 level.  Bollinger bands are also showing buy signals. If Aussies manage to break 1.0380 level and H4 candle close above this level then it will indicate bullish strength and pair will then further move upward.  On the contrary, if pair fails to close above 1.0380 level then it will change the scenario and provide bearish strength to AUD/USD and pair will again start moving towards south and target 1.0275 level.

High impact News can affect the Trend of AUD/USD. News like Building Permits, PPI m/m and FOMC Meeting Minutes.