Browsing all articles tagged with buyers
Jul
8

GBP/USD D1 Technical July 08

GBP/USD  is so weak there is no  signals for long trade. Bollinger bands are providing sell signals for the pair. If pair manage to reached to 1.4950 level and get a pull back and H4 candle closure below this level then pair will start moving towards southward.

Today pair is expected to move more downward   and target 1.4830 level. Then price action on this level should be watch. D1 and H4 chart are showing group of buyers in this area. if pair get a bounce and H4 and D1 candle closure above 1.4900 then it will indicate buy signals for the cable.

Jul
5

EUR/USD D1 Technical July 05

EUR/USD get a pull back from 1.3000 level yesterday after the news of ECB and dropped up to 140 pips. Now the support is at 1.2850 level and resistance is around 1.2950 level. break through any level will confirm the new trend for the pair. At this movement Bollinger bands are showing sell signals. But as long pair hold 1.2850 level there can up some upward movement.

So, price action on support level should be watch. H4 and D1 candle chart are showing a group of Buyers in this zone. If EUR/USD manage to hold its support and H4 candle closure above 1.2950 level then it will provide bullish strength to pair and EUR/USD will then continue its uppish trend towards 1.3048 which is acting as pivot point.

On the contrary, If pair fails to hold its support level 1.2850 and H4 candle closure below this level then it will open gates towards southward and EUR/USD will then fall rapidly towards 1.2800 level.

High impact News can affect the movement of EUR/USD. News like Non-Farm Employment Change, Unemployment Rate.

 

May
10

GBP/USD W1 Technical 10

Due to positive data of USD GBP/USD didn’t manage to overcome its physical level 1.5600 level and fall around 290 pips this week. Break of 480-400 level indicating GBP is now under pressure.

Bollinger bands are showing  bearish signal for the pair. Cable is expected to target 1.5250 level next week. W1 and D1 are showing buyers in this zone. So if GBP/USD manage to hold 1.5250 level then pair will start a new bullish trend which will take GBP/USD higher towards 1.5800 level.

On the other hand, If GBP/USD fails to hold 1.5250 level and give a day closure below this level then it will provide a valid sell entry point which will target towards 1.5180-100 level respectively.

May
9

USD/CAD D1 Technical May 09

USD/CAD is in oversold zone, pair can get a rebounce from this zone. D1 and H4 chart are showing group of buyers in 1.000-50 level and a trend line is also held. So price action on 1.0000 level is important to watch.

If USD/CAD hold this level and give a day closure above 1.000 then pair will start moving upward. On the other hand, If pair break its support level and D1 closure below 1.0000 level then it will open gates towards south.

High impact News can affect the move of USD/CAD. News like Unemployment Claims.

May
8

USD/CAD D1 Technical May 08

USD/CAD is in oversold zone, pair can get a rebounce from this zone. D1 and H4 chart are showing group of buyers in 1.000-50 level and a trend line is also held. So price action on 1.0000 level is important to watch.

If USD/CAD hold this level and give a day closure above 1.000 then pair will start moving upward. On the other hand, If pair break its support level and D1 closure below 1.0000 level then it will open gates towards south.

Feb
5

EUR/USD D1 Technical February 05


As for our yesterday prediction EUR break it’s support 1.3600 and dropped up to 160 pips. Bollinger bands are showing sell signals but H4 chart showing group of buyers in 1.3427-400 zone. EUR can get a strong pull back from this zone. On the contrary, If pair manage to breakthrough 1.3400 level and H4 candle close below it then pair will continue it’s bearish trend.

HIgh impact News can affect the trend of EUR/USD. News like ISM Non-Manufacturing PMI.

Jan
16

EUR/USD D1 Technical January 16

 


As we said in last artical bollinger bands are showing overbuy zone for the pair so there can be some retracement. We are still seeing some bearish strength in pair
which will take EUR/USD to test its support around 1.3230 level. This level should be watch carefully, H4 and D1 chart are showing group of buyers in this zone.
High impact News can affect the trend of EUR/USD. News like Core CPI m/m.

Jan
10

EUR/USD D1 Technical January 10

The outlook for the EUR/USD is bearish. Pair will test its support at 1.2990. Breakthrough this level will provide pair more strength to pair and EUR/USD will then target southward. On the contrary, from 1.2990 level price can get bounce back. H4 and D1 chart are showing a group of buyers in this zone.

High impact News can affect the trend of EUR/USD. News like Minimum Bid Rate, ECB Press Conference and Unemployment Claims.

Dec
13

USD/CHF D1 Technical December 13

As for over prediction, yesterday USD/CHF breaks its support level of 0.9305 and dropped up to 66 pips. Today pair will test its next support near 0.9240-45 level. Price action on this level should be watch carefully; pair can get a pull back from this area. D1 is showing a group of buyers in this zone.

High impact News can affect USD/CHF. News Like Libor Rate, SNB Monetary Policy Assessment, SNB Press Conference, Unemployment Claims and Core Retail Sales m/m.

Nov
5

EUR/USD D1 Technical November 5

After breaking support of 1.2850 EUR/USD target 1.2800 key level. The price action on 1.2880-1.2780 levels should be watch carefully. D1 and H4 chart are showing a group of buyers in this area. If EUR/USD gets a pull back from this area, it will indicate a strong bullish trend for the pair.
Lately some high impact News can change the scenario. News like Spanish Unemployment Change and ISM Non-Manufacturing PMI.