Daily Analysis

Get Trading Idea on EURGBP this week, Clear Video Analysis to enhance your trading.

According to my Previous Analysis, the target of the recent movement of the EURUSD is 1.1265 which is the upper boundary of the recent 150 pips range of this pair. Price has moved according to this expectation. But it can’t break the level 1.1265. It tries to break the level twice but got rejected both … Read more

Keep an eye on cad Ahead of CAD Trade Balance and Fed Chair Powell Speaks. The Key level are there. The key levels are 1.3410. The price has a chance to test the level before going further bullish. If the price can break the level successfully then we can see the price to go more … Read more

Keep an eye on NZDUSD pair ahead of RBNZ statement and the official cash rate The Key level is 0.6580. Now the pair is trading around the level. Last week the price bounce back from the level. If the price holds the level, then a bullish movement is expected targeting 0.67150. A successful break of … Read more

GBPUSD Expected a Breakout GBPUSD is moving sideways from some days. The trading range is becoming smaller with the maintaining of a falling edge. The main support at 1.2775 and the price will be bullish until the price breaks down this support. The nearer support at 1.2960. If this support will be held then price … Read more

After testing the resistance area twice NZDUSD is now falling towards the support at 0.6715. This support is an important zone because if the price can break this support more falling towards 0.6590 will be initiated. But a strong rejection from this zone can move the price again to the upward direction.

EURUSD has been traded in range bound condition from several months. It has broken a range on the downside on 7th March, 19, but then it has entered to a new range, the upper boundary on the new range is 1.1450 and the lower boundary of the range is 1.1175. It is now heading towards … Read more

[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text] After a short-term bearish retracement, eurUSD is again moving bullish. It has broken its recent high on last Friday. There are some short-term supports at 1.1890 and 1.1846 and these are the possible targeted zones of bearish corrective movement. Still, we have not found any indication of USD strength. So it is … Read more

In the technical overview EURUSD remains with in a consolidation from some days. The main bias is still bullish as it breaks the support at 1.1710 and 1.1612. Now the pair is moving slowly with a short term downside bias. The movement is corrective now and it is too early to call any types of … Read more

EURUSD has broken a large range and hold above it. Now we are having a retracing bearish movement. There is a support at 1.1713 that could be the target of this retracement. The next target of the bullish movement could be the level of 1.2034 which is offering a resistance.