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EUR/USD H4

 

Yesterday in late session EUR/USD got a good support from 1.2910 level and target up to +125 pips. We are expecting pair to continue its uppish trend and target 1.0370 level. Bollinger bands are also providing buy signals for the pair.

If pair manage to hold 1.2950 level today and H4 candle close above 1.2950 level, then pair will go up and test 1.3070 level. Price action on 1.0370 should be handle carefully. Break of 1.0370 level will provide more strength to EUR/USD and pair will then further move upward.

High impact New can affect EUR/USD. News like Core CPI m/m, Prelim UoM Consumer Sentiment.

eurusd-h4-technical-15.gif

 

GBP/USD D1

 

Cable is in bullish mood. But D1 and H4 is showing overbought of GBP so there can be retracement. The gap of 1.5250 is still not cover. The pair is expecting to cover this gap in next week. So Price action on 1.4950 level should be watch.

If pair hold this level and H4 candle close above 1.4950 level then it will provide valid buy entry. On the other hand, break of 1.4950 level will allow pair to move downward and target 1.4900-4860 respectively.

High impact New can affect the movement of GBP/USD. News like Core CPI m/m, Prelim UoM Consumer Sentiment.

gbpusd-d1-technical-151.gif

 

AUD/USD H4

 

Yesterday Aussies manage to break its resistance but didn’t manage to overcome its physical level 1.0400 . Now H4 is showing resistance at 1.0400 level. Today AUD/USD is in bearish strength. pair is likely to first go down and test its support at 1.0330 level.

Price action on 1.0330 should be carefully watch. If pair manage to break through this level and H4 candle close below 1.0330 then pair will continue its downward trend. On the Contrary, If pair fails to break support level and H4 candle close above 1.0330 level the it will indicate pair got bullish potential and AUD will then again move towards north and test 1.0400 level.

High impact New can affect the Trend of AUD/USD. News like Core CPI m/m, Prelim UoM Consumer Sentiment.

audusd-d1-technical-152.gif

 

 

USD/CHF H4

 

Yesterday USD/CHF got a pull back from 0.9570 level and dropped up to +120 pips. Pair is likely to continue its bearish trend and test its support at 0.9385 level. If pair mange to break this level and H4 candle close below 10.9385 level then it will indicate pair got more bearish strength and USD/CHF will then further move towards south.

On the contrary, Price action on 0.9385 level should be watch. If Pair manage to hold this level and give a day closure above 0.9400 level then pair will again start moving towards north and target 0.9600 level.

High impact Data’s can change the scenario. Data’s like Core CPI m/m, Prelim UoM Consumer Sentiment.

usdchf-h4-technical-15.gif

 

Source: UMOFX One Stop Market Centre

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EUR/USD H4

 

EUR/USD open with a large gap, which is indicating pair is under pressure. Today’s support is at 1.2870 level. Price action on this level should be carefully watch. If pair manage to break this level and H4 candle close below it, then it will provide bearish potential to EUR and EUR/USD will then rapidly move to southward to test its ext support 1.2800 level.

On the contrary. If pair manage to hold 1.2870 level and H4 candle close above 1.2870 then we are excepting pair to have bullish strength and move upward and target 1.3070-3100.

eurusd-h4-technical-18.gif

 

GBP/USD H4

 

GBP/USD is in bullish mood today. We are expecting pair to keep moving towards north and test its resistance at 1.5171 level. Price action on 1.5170 level should be carefully watch, if pair manage to break this level and H4 candle close above 1.5170 then it will take GBP further upward and target 1.5200-50 respectively.

The scenario will be change, if GBP/USD breakthrough 1.5050 level and H4 candle close below this level. It will then give bearish strength to cable and pair will rapidly fall towards south.

gbpusd-h4-technical-18.gif

 

AUD/USD H4

 

AUD/USD is in bearish mood today, pair is likely to test its support at 1.0330 level. Bollinger bands are also providing sell signals for the pair. If pair manage to break through this level and H4 candle close below 1.0330 level then it will allow Aussies to move further southward.

On the other hand, if AUD/USD manage to hold its support level and H4 candle close above 1.0330 then pair is expecting to again move northward and target 1.0400-25 level.

High impact Data of AUD can change the scenario. Data like Monetary Policy Meeting Minutes.

audusd-h4-technical-18.gif

 

 

USD/CHF H4

 

USD/CHF is under pressure. On Friday pair didn’t manage to give a closure above 0.9385 level. So now pair is expecting to move southward and again test its support 0.9485 level. Price action on 0.9385 should be handle carefully. If USD/CHF break this support and H4 candle close below 0.9385. It will then open gate towards south and pair is likely to dropped and target next support level at 0.9330.

usdchf-h4-technical-18.gif

 

Source: UMOFX One Stop Market Centre

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EUR/USD H4

 

EUR/USD is in bullish strength today. Pair is likely to test its daily resistance at 1.2960 level. If pair mange to break its resistance and H4 candle close above this level then EUR/USD will further move up and target 1.3000 level.

On the other hand, If pair fails to break 1.2960 level and give a day closing below this level, it will then indicate EUR/USD got bearish strength and pair will then dropped towards south and target its support at 1.2900-2880 level.

eurusd-h4-technial-19.gif

 

GBP/USD H4

 

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.

gbpusd-h4-technial-19.gif

 

AUD/USD H4

 

Aussies is trading in a range of 1.0400-1.0330 level. We are expecting pair to test its support 1.0330 today. Bollinger bands are also showing sell signals for the pair. Price action on this level should be carefully watch. If pair manage to break this level and H4 candle close below 1.0330 level then, it will indicate pair got more bearish strength and AUD/USD will then further target towards southward.

On the contrary, If pair fails to break 1.0330 level and H4 candle close above 1.0330 level then pair will have bullish potential and it will take AUD upward and target 1.0400 level.

audusd-h4-technial-19.gif

 

 

USD/CHF H4

 

USD/CHF is expecting to first go down and test its support at 0.9385 level. Bollinger bands are also providing sell signals for the pair. If USD/CHF break its support level and give a day closure below 0.9385 level. It will then show pair got bearish strength and USD/CHF is then likely to move further towards southward. But if pair manage to hold this support level and give a day closure above 0.9385 level the we are expecting pair to continue its uppish trend and target 0.9515 and 0.9565 level respectively.

usdchf-h4-technial-19.gif

 

Source: UMOFX One Stop Market Centre | NDD Broker

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EUR/USD D1

 

The outlook for the EUR/USD is bearish. Pair is likely to test its support at 1.2799 level. Bollinger bands are not providing clear signals for the pair. Yesterday EUR dropped around 140 pips in late session, which is indicating pair is now under pressure .

There can be two scenario now. First EUR/USD go towards south and test its support at 1.2799 level and get a good support and move further towards northward. This scenario will be done, If pair manage to hold its support level and H4 candle close above support level.

On the other hand, If EUR/USD manage to break through its support level and H4 candle close below this level. This will then indicate more bearish pressure on EUR/USD and pair will further fall towards south.

High impact News of USD can change the scenario. News like FOMC Economic Projections, FOMC Statemen, FOMC Press Conference.

eurusd-d1-technial-20.gif

 

GBP/USD H4

 

GBP/USD is trading in a short range of 1.5068-1.5140 level. Break of any level will clear the trend for cable. We are expecting pair to hold its support 1.5068 level and continue its uppish trend. If pair manage to break 1.5140 level it will then allow GBP/USD to move further upward and target 1.5170-95 level respectively.

The whole scenario can be vanished, if pair break through its support 1.5068 level. It will indicate strong bearish strength and pair will likely to fall rapidly towards 1.5000 level.

High impact Data’s can affect the movement of GBP/USD. Data’s like Claimant Count Change, MPC Meeting Minutes, Annual Budget Release, FOMC Economic Projections, FOMC Statemen, FOMC Press Conference.

gbpusd-d1-technial-20.gif

 

AUD/USD D1

 

Yesterday Aussies got bearish strength and target 50.0 % Fibonacci but pair manage to give a day closing above 50.0 % Fibonacci. So, we are expecting pair to have bullish strength and target 61.8 % Fibonacci today which is at 1.0415 level. If AUD/USD manage to break 1.0415 level and H4 candle close above it, then pair will further move towards north and target 1.0450-75 level respectively.

On the contrary, if AUD/USD fails to close above 1.0400 level, it will then change the scenario and pair will start bearish trend and target 38.2% Fibonacci level.

High impact News can affect the trend of pair. News like FOMC Economic Projections, FOMC Statemen, FOMC Press Conference.

audusd-d1-technial-20.gif

 

 

USD/CHF H4

 

USD/CHF is in bullish strength and is likely to test its resistance at 0.9515 level. Bollinger bands are also providing buy signals for the pair. Price action on 0.9515 level should be handle carefully. If USD/CHF break through 0.9515 level and H4 candle close above it then pair will further move towards north.

On the contrary, If pair didn’t manage to break 0.9515 level and H4 candle close below 0.9515 level, it will then indicate bears take charge an USD/CHF will then start moving towards south.

High impact News can affect the pair. News like FOMC Economic Projections, FOMC Statemen, FOMC Press Conference.

usdchf-h4-technial-20.gif

 

Source: UMOFX One Stop Market Centre | NDD Broker

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