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Technical Analysis
EUR/USD and GBP/USD Forecast — January 15th 2020
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[QUOTE="Enivid, post: 175620, member: 1"] In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 15th session. EUR/USD — The market saw a sideways [URL='https://www.earnforex.com/videos/91090-price-action-analysis-of-the-oil-chart-in-the-middle-of-the-usa-iran-tension-part-2/']price action[/URL] on Tuesday. The market is moving sideways between the 50-day [URL='https://www.earnforex.com/forex-course/moving-averages/']EMA[/URL] and the 2990day EMA at the moment. Hence, choppiness is going to dominate this market at the moment. To the upside, the 1.12 is the resistance barrier. To the downside, the 1.10 level is where you can expect buyers to step into the market. GBP/USD — The week has began with the market gapping lower. A break above this [URL='https://www.earnforex.com/videos/90218-how-to-trade-gaps-in-the-forex-market/']gap[/URL] is a bullish sign and you can expect the market to go higher. The market is just trading at the area above the top of the [URL='https://www.earnforex.com/videos/62150-reading-the-charts-bullish-flag/']bullish flag[/URL] pattern. The 1.39 level looks supportive. So, pullbacks are still seen as buying opportunities at the moment. © Prabhu for [URL='https://www.earnforex.com/videos']Forex Videos[/URL], 2020. | [URL='https://www.earnforex.com/videos/91324-eur-usd-and-gbp-usd-forecast-january-15th-2020/']Permalink[/URL] | [URL='https://www.earnforex.com/videos/91324-eur-usd-and-gbp-usd-forecast-january-15th-2020/#comments']No comment[/URL] | Add to [URL='http://del.icio.us/post?url=https://www.earnforex.com/videos/91324-eur-usd-and-gbp-usd-forecast-january-15th-2020/&title=EUR/USD and GBP/USD Forecast — January 15th 2020']del.icio.us[/URL] Post tags: [URL='https://www.earnforex.com/videos/tag/eurusd/']EUR/USD[/URL], [URL='https://www.earnforex.com/videos/tag/gbp-usd/']GBP./USD[/URL], [URL='https://www.earnforex.com/videos/tag/technical-analysis/']technical analysis[/URL] Feed enhanced by [URL='http://planetozh.com/blog/my-projects/wordpress-plugin-better-feed-rss/']Better Feed[/URL] from [URL='http://planetozh.com/blog/']Ozh[/URL] [url="https://www.earnforex.com/videos/91324-eur-usd-and-gbp-usd-forecast-january-15th-2020/"]Continue reading...[/url] [/QUOTE]
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