Daily Technical Analysis for Thursday, July 31, 2014 - by ForexPeoples.Com | using Daily-TF chart.
EURUSD
from daily view, ok i will call nice bulls for EURUSD - so then if buyer continue to above line 1.3415, that's time for nice buy.
GBPUSD
because this is was too down move - so be aware with correction bulls at this GBPUSD - see the fibo at d1, we see if seller still can not continue to bellow line fibo 1.6888, that's mean pair can probably correction bulls then. just it.
USDJPY
from d1, i will call down for USDJPY - the down move on here still big chance as long as price move bellow strong intraday high (bellow the price 103.08).
USDCHF
now USDCHF was on overbought area. so then, for us wise plan to sell on this pair (as long as price move still hold move bellow that 0.9106). 🙂
Regards.