"Forex Levels" – Trading recommendations, daily forecast on EURUSD and GBPUSD

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Sep 1, 2017 at 2:36 pm #751
Urupa
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- 552
Hi all!

In this topic, every day, before the opening of the European session I’ll publish trading recommendations on two major currency pairs EURUSD and GBPUSD.

Analysis and forecasting of currency market is on the system “Forex Levels” which are based on a pair of moving averages, support and resistance levels, and a simplified wave markup.
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Sep 1, 2017 at 2:36 pm #752
Urupa
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- 552
EURUSD [H1]

The pair is in a sideways trend. Resistance levels is seen at 1.3814-1.3866, and if the market breaks above that levels we can expect an uptrend to develop with the upside target set at resistance level 1.3972.

If the pair breaks under support level 1.3694, a downtrend will start with the downside target set at support level 1.3597.

Support levels: 1.3694, 1.3656, 1.3597

Resistance levels: 1.3814-1.3866, 1.3972

GBPUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.6066, and if the market breaks above that levels we can expect an uptrend to develop with the upside target set at resistance level 1.6130.

If the pair breaks under support level 1.6000, a downtrend will start with the downside target set at support level 1.5905.

Support levels: 1.6000, 1.5945, 1.5905

Resistance levels: 1.6066, 1.6130

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Sep 1, 2017 at 2:37 pm #753
Urupa
Guest
- 552
EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.3866, and if the market breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3972.

If the pair breaks under support level 1.3773, a downtrend will start with the downside target set at support level 1.3694.

Support levels: 1.3773, 1.3694
Resistance levels: 1.3866, 1.3972

GBPUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.6130, and if the market breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.6272.

If the pair breaks under support level 1.6040, a downtrend will start with the downside target set at support level 1.5958.

Support levels: 1.6040, 1.6000, 1.5958
Resistance levels: 1.6130, 1.6176, 1.6272

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Sep 1, 2017 at 2:38 pm #754
Urupa
Guest
- 552
EURUSD [H1]

The pair is trading along a downtrend. Support level 1.3520 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.3438.

If the pair will have no possibility of getting below support level 1.3520 and will subsequently rise above resistance level 1.3597, we can expect an uptrend to develop towards resistance 1.3656 and below towards resistance level 1.3695.

Support levels: 1.3520, 1.3438
Resistance levels: 1.3597, 1.3656, 1.3695

GBPUSD [H1]

The pair is trading along a downtrend. Support level 1.5905 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.5880 and below towards support level 1.5819.

If the pair will have no possibility of getting below support level 1.5905 and will subsequently rise above resistance level 1.65960, we can expect an uptrend to develop towards resistance 1.6000 and below towards resistance level 1.6047.

Support levels: 1.5905, 1.5880, 1.5819
Resistance levels: 1.5960, 1.6000, 1.6047

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Sep 1, 2017 at 2:38 pm #755
Urupa
Guest
- 552
EURUSD [H1]

The pair is in a sideways trend. Resistance levels is seen at 1.3642-1.3695, and if the market breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3833.

If the pair breaks under support level 1.3541, a downtrend will start with the downside target set at support level 1.3438.

Support levels: 1.3541, 1.3438
Resistance levels: 1.3642-1.3695, 1.3773, 1.3833

GBPUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.5965, and if the market breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.6047.

If the pair breaks under support levels 1.5908-1.5883, a downtrend will start with the downside target set at support level 1.5710.

Support levels: 1.5908-1.5883, 1.5819, 1.5710
Resistance levels: 1.5965, 1.6000, 1.6047

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Sep 1, 2017 at 2:38 pm #756
Urupa
Guest
- 552
EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.3833, and if the market breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3972.

If the pair breaks under support level 1.3694, a downtrend will start with the downside target set at support level 1.3541.

Support levels: 1.3694, 1.3642, 1.3594, 1.3541
Resistance levels: 1.3833, 1.3972

GBPUSD [H1]

The pair is in a sideways trend. Resistance levels is seen at 1.6088-1.6130, and if the market breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.6272.

If the pair breaks under support levels 1.6046-1.6000, a downtrend will start with the downside target set at support level 1.5908.

Support levels: 1.6046-1.6000, 1.5960, 1.5908
Resistance levels: 1.6088-1.6130, 1.6177, 1.6272

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Sep 1, 2017 at 2:38 pm #757
Urupa
Guest
- 552
EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.3833, and if the market breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3972.

If the pair breaks under support level 1.3694, a downtrend will start with the downside target set at support level 1.3541.

Support levels: 1.3694, 1.3642, 1.3594, 1.3541

Resistance levels: 1.3833, 1.3972

GBPUSD [H1]

The pair is in a sideways trend. Resistance levels is seen at 1.6088-1.6130, and if the market breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.6272.

If the pair breaks under support levels 1.6046-1.6000, a downtrend will start with the downside target set at support level 1.5908.

Support levels: 1.6046-1.6000, 1.5960, 1.5908

Resistance levels: 1.6088-1.6130, 1.6177, 1.6272

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May 19, 2019 at 8:57 pm #2152
FXGuru
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- 443
How well we analysis the market contributes great deal to the ultimate results when it comes to trading. I am able to move this up nicely with FreshForex, due to their Market Analysis, which is really helpful and allows one to perform well to benefit. I feel great with it because of how accurate and easy to use it is.

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