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

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

This topic contains 7 replies, has 2 voices, and was last updated by  FXGuru 2 months ago.

Viewing 8 posts - 1 through 8 (of 8 total)
  • Author
    Posts
  • #751

    Urupa
    • 0

    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.

    0
    0
    #752

    Urupa
    • 0

    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

    0
    0
    #753

    Urupa
    • 0

    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

    1
    0
    #754

    Urupa
    • 0

    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

    1
    0
    #755

    Urupa
    • 0

    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

    0
    0
    #756

    Urupa
    • 0

    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

    0
    0
    #757

    Urupa
    • 0

    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

    0
    0
    #2152

    FXGuru
    Participant
    • 104

    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.

    0
    0
Viewing 8 posts - 1 through 8 (of 8 total)

You must be logged in to reply to this topic.