Browsing all articles tagged with bullishness
Dec
3

GBP/USD D1 Technical December 03

Cable is trapped in a small range of 1.5980 support level and 1.6065-70 resistance level. We are seeing some bullishness in the pair. If GBP/USD manages to break its resistance today, it will then allow the pair to go further upside and target 1.6000-20 respectively.
High impact News can change the scenario. News like Manufacturing PMI and ISM Manufacturing PMI.

Oct
2

GBP/USD D1 Technical October 2

 

Near term outlook for the cable will remain bullish as long as support 1.5912 is hold. A break through 1.6300 will confirm more bullishness for the pair. If GBP/USD closes today above 1.6175 that will confirm the some more upward movement for the pair. Bollinger bands are providing buying signals.
Construction PMI news can also affect the pair.

Oct
1

AUD/USD D1 Technical October 1

AUD/USD remains neutral as long as it stays inside range of 1.0165-1.0624. break through 1.0624 will confirm the bullishness of pair and take it to 1.0852 key resistance, Break of 1.0165 will bring another decline inside the medium term consolidation pattern but strong support should be seen well above 0.9588 key level.

Oct
1

EUR/USD D1 Technical October 1

On Friday EUR/USD tested its physical level 1.3000, but bears hold there position from 1.2956, due to this bearish move we are expecting now pair will test its strong support 1.2750. If today pair manage to break its Thursday low this will confirm bearish trend, There is still some bullishness in EUR/USD, first pair will test its support before going upward.
FED CHAIRMAN BERNANKE SPEAKS AND ISM MANUFACTURING PMI are very important news for today.

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