Browsing all articles tagged with testing
Apr
5

EUR/USD D1 Technical April 05

EUR/USD is currently testing its resistance at 1.3070 level. Pair can get a pull back from this level, if H4 candle close below 1.3070 level. Bollinger bands are showing buy signals for the pair. But as long pair hold its resistance there can be a pull back.

So, Price action on 1.3070 level should be watch carefully. If pair manage to break this level and H4 candle close above 1.3070 then EUR/USD will further move towards 1.3140-70 respectively.

 

Apr
2

EUR/USD H4 Technical April 02

EUR/USD is currently testing its resistance at 1.2870 level. If pair manage to break this level and H4 candle close above 1.2870 level then pair will further move towards north. The scenario can be change if pair fails to break its resistance and H4 candle close below 1.2870 level then pair is expected to target 1.2800-750 level respectively.

High impact News of EUR can affect the move of pair. News like Italian Manufacturing PMI.

Mar
26

USD/CHF H4 Technical March 26

 

USD/CHF is currently testing its resistance at 0.9515-20 level. Price action on this level should be carefully handle, If pair break this level and H4 candle close above 0.9520 level, then it will provide USD/CHF more strength and pair will continue its bullish trend.

On the other hand. If USD/CHF fails to overcome its resistance today and H4 candle close below 0.9520 level then pair will start moving towards southward and target 0.9380 level.

High impact News of USD can affect USD/CHF. News like Core Durable Goods Orders m/m, CB Consumer Confidence, New Home Sales.

Mar
25

AUD/USD D1 Technical March 25

 

Aussies in is in bullish potential and currently it is testing its resistance around 1.0480-90 level. Price action on this level should be carefully handle. If Aussies manage to break this level and H4 candle close above 1.0490 level then we are expecting pair to further move upward. On the contrary, If pair fails to break resistance and give day closing below 1.0490 level then AUD/USD will fall towards south.

High impact News can affect the movement of pair. News like Fed Chairman Bernanke Speaks.

Mar
19

GBP/USD H4 Technical March 19

Cable is currently testing its resistance at 1.5140 level. Price action on this level should be carefully watch. If GBP/USD manage to break through this level, it will then allow pair to further move towards north and target 1.5170-95 respectively.

The scenario can be change, If GBP/USD break its support of 1.5068 level. Break of this level will open gate towards south and pair will rapidly fall towards 1.5000 level.

Mar
12

USD/CHF D1 Technical March 12

USD/CHF is in bearish strength today. Pair is testing its support at 0.9465 level. If USD/CHF manage to break its support and H4 candle close below this level then pair is likely to fall towards south and target 0.9430-00 level.

On the contrary, if pair hold its support 0.9465 level and breakthrough 0.9515 resistance, then it will move further upward and target 0.9550 level.

Mar
6

AUD/USD D1 Technical March 06

Aussies is currently testing its resistance at 1.0290 level. D1 and H4 chart is showing buy signals for the pair. If pair manage to break this level and H4 candle close above it then AUD/USD will continue its uppish trend and target 1.0300-50-75 respectively.

On the contrary, If H4 candle close below the resistance level, it will then change the scenario and pair will then have a bearish strength and then it will start moving toward south.

So price action on 1.0290 level should be watch carefully. A day closure above this level will indicate strong bullish trend and pair will then likely to keep its northward trend.

High impact News can change the scenario. News like ADP Non-Farm Employment Change, Trade Balance.

Mar
5

EUR/USD D1 Technical March 05

The pair is expecting to go up. Yesterday closure above 1.3000 level provide it bullish strength, currently EUR/USD is testing its medium term bullish channel of 1.3070 level. If pair manage to breakthrough this level, it will then target 1.3100 level.

We are expecting EUR to stay bullish above 1.3000 level. If pair give a day closure below 1.3000 level it will indicate change in strength and pair will then rapidly dropped towards south.

High impact News can affect the pair. News like ISM Non-Manufacturing PMI.

Mar
1

USD/CHF D1 Technical March 01

As pair was expecting to target 0.9385 level. Now pair is currently testing 0.9385 level. Price action on this level is important to watch. Rate is  on top of Bollinger so pair can get a pull back. If H4 candle close below resistance, then pair will move towards south.

On the other hand, If USD/CHF manage to break this level and H4 candle close above 0.9385 level. It will indicate pair got more bullish strength, which will then take USD/CHF further towards north.

High impact Data’s can affect the Trend of USD/CHF. Data’s like ISM Manufacturing PMI and Fed Chairman Bernanke Speaks.

Feb
28

AUD/USD D1 Technical February 28

 

Aussies is in bullish strength, pair is currently testing its resistance at 1.0290 level. If AUD break this level and H4 candle close above 1.0290 then it will indicate that pair got more potential to move upward. If H4 candle close below 1.0290 level it will change the scenario and AUD/USD will then move towards south.

High impact News of USD can affect the trend of AUD/USD. . News like Prelim GDP q/q and Unemployment Claims.