UMOFX Daily Technical Analysis

[AsiaDev]

EUR/USD H4

The outlook for the EUR/USD is bearish. But pair is expecting to first go up and test its resistance at 1.2836 level. If EUR/USD fails to break 1.2836 level and H4 candle close below this level then pair will start moving downward and target its support at 1.2750 level. This scenario can be vanished, If pair breakthrough its resistance and H4 candle close above 1.2836 level then pair will go up and target 1.2880 level.
High impact News can affect the trend of EUR/USD. News like Unemployment Claims.

GBP/USD H4

GBP/USD will test its resistance at 1.5177 level today. Pair can get a pull back from this zone, If pair didn’t manage to break its resistance 1.5177 level and H4 candle close below this level. It will then indicate Cable is in bearish strength and pair will then fall towards south.
On the other hand. If GBP/USD break its resistance and H4 candle close above 1.5177 level then pair will continue bullish trend and target 1.5255 level.
high impact Data can affect the movement of GBP/USD. Data like Unemployment Claims.

AUD/USD H4

Aussies is currently trading at 1.0427 level. We are expecting pair to continue its bearish trend and test its support at 1.0390 level. Price action on this level should be carefully watch. As rate is at last Bollinger so trend for the pair is not so clear.
But if AUD/USD manage to break 1.0390 level and H4 candle close below it, then pair will further move towards 1.0360-45 level respectively. On the contrary, If AUD hold its support 1.0390 level and H4 candle close above support level, then pair will have bullish strength which will take pair northward and target resistance at 1.0493 level.
High impact News can change the scenario. News like Unemployment Claims.

USD/CHF H4

USD/CHF is testing its support at 0.9520 level. Price action on this level is important to watch. If pair manage to give a closure of H4 candle below this point, then pair is expecting to continue its bearish trend.
The scenario can be change, if USD/CHF hold this support level and H4 candle close above 0.9520 level. It will then allow pair to further move upward.
High impact Data of USD can affect the pair. Data like Unemployment Claims.

 

[AsiaDev]

EUR/USD D1

EUR/USD have now support at 1.2750 level. If pair hold this level then EUR/USD is expecting to target 1.2870 level today. Price action on 1.2870 level should be watch. If pair manage to break this level and H4 candle close above 1.2870 level then, it will allow EUR to continue its uppish trend and target 1.2930 level.
On the contrary. If pair didn’t manage to hold its support 1.2750 level then EUR/USD will dropped rapidly towards south and that will indicate pair is in under pressure and pair will then target 100-150 pips towards south.

GBP/USD D1

Cable is expected to target 1.5260 level today. Bollinger bands are showing buy signals for the pair. At 1.5260 level, price action should be handle carefully. If pair break this level then it will move further upward and target 1.5300 level.
This scenario can be vanished. If Cable didn’t manage to break its resistance and H4 candle close below 1.5260 level. It will then indicate pair got bearish strength and GBP/USD will dropped towards south.

AUD/USD H4

Yesterday in late session Aussies targeted its support at 1.0390 level but didn’t manage to break this level. Now pair is expecting to move up and test its resistance at 1.0454 level. Bollinger bands are also providing buy signals for the pair.
There can be two scenario. First, if AUD/USD manage to break its resistance today and H4 candle close above resistance level, it will then indicate pair got move bullish strength that will take AUD further upward and target 1.0493 level.
Secondly, If pair fails to break its resistance and H4 candle close below 1.0454 level then pair will start moving toward south and target its support at 1.0390 level again.

 

[AsiaDev]

EUR/USD D1

The trend for the pair is not clear yet because rate is at last Bollinger band. Today’s support is at 1.2750 level. EUR/USD is expected to face this level again. So we should watch price action on this level. If pair manage to breakthrough this level and give a day closing below 1.2750 level that will indicate pair is under pressure. On the other hand, If pair hold its support then it will take EUR/USD towards north and target its resistance at 1.2880 level.
High impact News of USD can affect the movement of EUR/USD. News like ISM Manufacturing PMI.

GBP/USD D1

The outlook for the pair is bearish for today. Pair is likely to test its support at 1.5080 level. Price action on this level should be handle carefully. Breakthrough 1.5080 level will allow pair to further dropped towards south and target 1.5020 level.
If GBP/USD manage to hold its support level and H4 candle close above this level then pair will get bullish strength and GBP/USD will then move towards northward.
High impact News can affect the move of GBP/USD. News like ISM Manufacturing PMI.

AUD/USD D1

Aussies is in bearish strength today. Pair is likely to test its support at 1.0360 level. Price action on this level should be carefully watch. If AUD/USD manage to break its support level and H4 candle close below this level then pair will continue its downward trend. On the contrary, If pair manage to hold its support 1.0360 and H4 candle close above this level then pair will start moving towards north and target 1.0455 level.
High impact News can change the scenario. News like ISM Manufacturing PMI, Cash Rate, RBA Rate Statement.

USD/CHF D1

USD/CHF is testing its support at 0.9520 level. Price action on this level is important to watch. If pair manage to give a closure of H4 candle below this point, then pair is expecting to continue its bearish trend.
The scenario can be change, if USD/CHF hold this support level and H4 candle close above 0.9520 level. It will then allow pair to further move upward.
High impact Data of USD can affect the pair. Data like Unemployment Claims.

 

[CapitalVia]

does anybody trade in S$?

 

[AsiaDev]

EUR/USD H4

EUR/USD is currently testing its resistance at 1.2870 level. If pair manage to break this level and H4 candle close above 1.2870 level then pair will further move towards north. The scenario can be change if pair fails to break its resistance and H4 candle close below 1.2870 level then pair is expected to target 1.2800-750 level respectively.
High impact News of EUR can affect the move of pair. News like Italian Manufacturing PMI.

GBP/USD D1

Cable is currently testing its resistance at 1.5260 level. Price action on this level should be watch carefully. If GBP/USD manage to break its resistance and H4 candle close above 1.5260 level then pair will continue its bullish trend and target 15300-318 level respectively.
On the contrary, If H4 candle close below 1.5260 level, it will then show pair got bearish strength and GBP will then start moving towards south and target 1.5080 level.
High impact New of GBP can affect the movement o GBP/USD. News like Manufacturing PMI.

AUD/USD D1

The outlook for the pair is bullish for today. AUD/USD is expected to reached at 1.0493 level which is today’s resistance. Bollinger bands are also providing buy signals for the pair. Price action on 1.0493 level should be watch carefully. Break through resistance will provide more strength to Aussies and pair will then continue its uppish trend.
On the other hand, If pair fails to break 1.0493 level and give a day closure below this level then it will indicate pair got bearish strength, which will take pair southward to target 1.0390 level.
High impact News can affect the trend of AUD/USD. News like Trade Balance.

USD/CHF D1

USD/CHF is in bearish mood today. Pair will test its support at 0.9438 level. If USD/CHF manage to breakthrough this level , it will then allow pair to continue its bearish trend and test its next support at 0.9380 level. But if pair hold 0.9438 level and give a day closing above this level then pair is expected to move up again and target 0.9550 level.

 

[AsiaDev]

EUR/USD D1

Yesterday EUR/USD target 1.2870 level but didn’t manage to overcome its resistance and dropped. The outlook remain bullish above 1.2750 level. If EUR/USD manage to hold this level then pair have potential to move up and target 1.2870 level again. The scenario can be change, if pair break through 1.2750 level and H4 candle close below support level then EUR will fall rapidly towards south.
High impact News can affect the movement of EUR/USD. News like ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI.

GBP/USD D1

Yesterday in late session cable got strong pull back and dropped upto 170 pips. GBP/USD is under pressure now. Pair will face its next support at 1.5020 level today. If pair manage to breakthrough its support level then GBP will continue its bearish trend. On the contrary, If pair manage to hold 1.5020 level and H4 candle close above 1.5020 level then pair will gain start moving upward.
High impact News can affect the trend of GBP/USD. News like Construction PMI, ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI.

AUD/USD D1

Aussies still have some strength to move up and test its resistance at 1.0493 level. Pair is expected to target 1.0493 level and then fall toward southward. Price action on this level should be carefully watch, If AUD/USD manage to break its resistance and H4 candle close above 1.0493 then pair will get more bullish strength and continue its uppish trend.
High impact News can affect the move of AUD/USD. News like ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI, Building Approvals m/m, Retail Sales m/m.

USD/CHF D1

USD/CHF is in bullish strength, pair will face its resistance at 0.9550 level. Price action on this level should be watch carefully. If pair manage to overcome on its resistance and H4 candle close above 0.9550 level then pair will target 0.9600 level. On the other hand, If pair fails to break its resistance and H4 candle close below resistance level, it will indicate bearish strength and USD/CHF will then target southward.
High impact News of USD can affect the pair. News like ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI.

 

[AsiaDev]

EUR/USD D1

EUR/USD is trading in a range of 1.2880-1.2750 level. Break of any level will clear the trend. If EUR/USD manage to hold its key level 1.2750, then pair is expected to have bullish strength and target will be 1.3070 level. On the other hand, if EUR/USD didn’t manage to hold its support 1.2750 level. This will then indicate pair is under pressure and EUR will rapidly dropped towards 1.2700-650 level respectively.
High impact News can affect the movement of EUR/USD. News like Minimum Bid Rate, ECB Press Conference, Unemployment Claims, Fed Chairman Bernanke Speaks.

GBP/USD D1

Cable is currently testing its support at 1.5070 level. Price action on this level should be watch. If GBP/USD manage to break its support and H4 candle close below this level, then Cable will further dropped towards south and target 1.5000 level.
The scenario can be change, If GBP/USD manage to hold its support level and H4 candle close above 1.5070, then pair will start moving northward.
High impact News can affect the move of GBP/USD. News like Services PMI, Asset Purchase Facility, Official Bank Rate, MPC Rate Statement, Unemployment Claims, Fed Chairman Bernanke Speaks.

AUD/USD D1

Yesterday Aussies face its resistance at 1.0493 level but didn’t manage to overcome its resistance level and start falling towards 1.0390 level. Pair is expected to continue its bearish trend. Price action on 1.0390 level should be watch. Break through this level will allow pair to further move towards 1.0360-40 level respectively.
On the contrary, If AUD manage to hold its support level and give a day closure above 1.0400 level then pair can again move upward and again target 1.0490 level.
High impact News can affect the trend of pair. News like Unemployment Claims, Fed Chairman Bernanke Speaks.

USD/CHF D1

USD/CHF will face its resistance at 0.9520 level. If pair manage to breakthrough this level and H4 candle close above 0.9520 level, this will provide more strength to pair and USD/CHF will continue its uppish trend. The scenario can be change, If pair fails to break its resistance and give a day closure below 0.9520 level, that will open gate towards south and USD/CHF will then target 0.9440-9380 level respectively.
HIgh impact News of USD can change the scenario. News like Unemployment Claims, Fed Chairman Bernanke Speaks.

 

[AsiaDev]

EUR/USD D1

EUR/USD is currently testing its resistance at 1.3070 level. Pair can get a pull back from this level, if H4 candle close below 1.3070 level. Bollinger bands are showing buy signals for the pair. But as long pair hold its resistance there can be a pull back.
So, Price action on 1.3070 level should be watch carefully. If pair manage to break this level and H4 candle close above 1.3070 then EUR/USD will further move towards 1.3140-70 respectively.

GBP/USD D1

The outlook for the pair is bullish. GBP/USD overcome its resistance 1.5260 level and continuing its uppish trend and will face its next resistance at 1.5390 level. If pair manage to break this level and H4 candle close above 1.5400 level then it will indicate GBP got more bullish potential that will take cable further towards north.

AUD/USD D1

AUD/USD dropped towards south after USD news came positive. Pair is now ready to test its support at 1.0340 level. Bollinger bands are also providing sell signals. Price action on support level should be watch carefully. If Aussies break this level and give a day closure below 1.0300 level, it will indicate pair got bearish strength and will further dropped towards 1.0250-200 level.
On the other hand, If pair manage to hold its support and give a day closure above 1.0360 level then pair can go upward and target 1.0390-440 level respectively.

 

[AsiaDev]

EUR/USD D1

The Trend for the EUR/USD is not clear yet but pair is expected to move up and test its resistance at 1.3070 level. Price action on this level should be carefully watch. If EUR manage to break this level today and H4 candle close above 1.0370 level then pair will further move upward and target 1.3130-70 level respectively. The scenario will be vanished, if EUR/USD didn’t manage to hold its support 1.2880 level.
High impact New can change the scenario. News like Fed Chairman Bernanke Speaks.

GBP/USD D1

The outlook for the pair is bullish, but Cable will first come down to test its support 1.5260 level. If GBP/USD manage to hold this level and H4 candle close above 1.5260 level this will provide a valid buy entry and GBP/USD will then continue its uppish trend and target 1.5390 which is today’s resistance.
On the contrary, break of 1.5260 level will change the scenario and it will open gate towards southward and pair will then target 1.5180 level.
High impact Data can affect the pair. Data like Fed Chairman Bernanke Speaks.

AUD/USD D1

Aussies is in bullish mood today. Last Friday pair get a strong pull back from 1.0434 level and dropped around 85 pips. Bollinger bands are showing buy signals for the pair. Today’s resistance is at 1.0395 level. If AUD/USD manage to break this level and H4 candle close above 1.0395 level then it will indicate pair got more strength and it will continue its trend towards north. On the contrary, Breakthrough support 1.0340 level, will allow pair to further fall towards next support which is at 1.0290 level.
High impact News of USD can affect the movement of AUD/USD. News like Fed Chairman Bernanke Speaks.

USD/CHF D1

On last Friday USD/CHF manage to break its support 0.9380 level and rapidly dropped. Now as the price is at last Bollinger showing oversold so there can be some retracement. Today pair will face 0.9380 level which is acting as a daily resistance.
Price action on this level should be handle carefully, If USD/CHF manage to break resistance and H4 candle close above 0.9380 level. This will indicate pair got bullish strength and USD/CHF will further move upward. The Scenario will be change, If pair fails to breakthrough its resistance and H4 candle close below 0.9380 level.
High impact News can affect the move of USD/CHF. News like Fed Chairman Bernanke Speaks.

 

[AsiaDev]

EUR/USD D1

EUR/USD is testing its resistance at 1.3070 level. If pair manage to break this level and H4 candle close above 1.3070 then it will provide more bullish potential to pair and EUR/USD will further move upward and target 1.3140-70 level respectively.
The scenario can be change, if EUR/USD fails to break 1.3070 level and H4 candle close below resistance then EUR will start moving towards southward.

GBP/USD D1

Cable is in bullish mood today. Pair will move up and face its resistance at 1.5390 level. Price action on this level should be carefully watch. If GBP/USD manage to break its resistance then it will indicate Cable got more strength which will take GBP/USD further upward towards north. On the contrary, if pair didn’t manage to overcome its resistance level and give a day closure below 1.5390 level then pair will again start moving southward.

AUD/USD D1

The outlook for the Aussies is bullish. Pair is currently testing its resistance at 1.0493 level. Bollinger bands are showing buy signals for AUD/USD. Price action on this level should be carefully watch. If pair manage to break 1.0493 level then it will indicate strong bullish strength which will allow AUD to further move towards north. The scenario will be vanished, If AUD/USD didn’t manage to break its resistance level and H4 candle close below 1.0493 level.

USD/CHF D1

USD/CHF is trading in a small range of 0.9380-313 level. Break of any level will clear the trend. Bollinger bands are also not providing clear signals for the pair.
If pair manage to breakthrough 0.9313 level and H4 candle close below this level, then pair will further dropped towards 0.2980-2940 level respectively. On the other hand, If USD/CHF manage to hold its support level and H4 candle close above 0.9380 level, it will then take pair further upward and target 0.9430-0.9520 level respectively.

 

[AsiaDev]

EUR/USD D1

The outlook for EUR/US D is bullish for today. Yesterday pair manage to overcome its resistance 1.3070 level. Now the next target for EUR is 1.3139 level. Bollinger bands are showing buy signals for the pair. If EUR/USD manage to break 1.3139 level and H4 candle close above this level then pair will continue its uppish trend and target 1.3170 level.
On the other hand, If pair didn’t manage to break its resistance and H4 candle close below resistance level then it will show EUR/USD got bearish strength and pair will start moving southward.
High impact Data can affect the movement of EUR/USD. News like FOMC Meeting Minutes.

GBP/USD D1

Cable will face its resistance at 1.5390 level today. Bollinger bands are also providing buy signals for the pair. If pair reached this level today and breakthrough its resistance then it will further take GBP/USD upward. The scenario can be vanished, if cable didn’t manage to hold its support level 1.5237. Break of this level will provide bearish strength to GBP/USD and pair will the rapidly dropped towards south and target its next support at 1.5190 level.
High impact News can affect the move of GBP/USD. News like FOMC Meeting Minutes.

AUD/USD D1

Yesterday in late session AUD/USD manage to break its key level 1.0493 level. Bollinger bands are showing buy signals for the pair. Aussies is expected to target 1.0545 level today, which is today’s resistance. Price action on this level should be watch. If pair manage to break 1.0545 level this will indicate pair got more strength and AUD/USD will then further move up towards north.
High impact News can affect the trend of AUD/USD. News like FOMC Meeting Minutes, Employment Change, Unemployment Rate.

USD/CHF D1

USD/CHF is trading in a range of 0.9380-0.9313 level. The trend is not clear yet. Break of any level will clear the trend for the pair. We are expecting USD/CHF to break its support level and dropped further southward. But if USD/CHF manage to hold its support level then pair will target 0.93800 level which is daily resistance.
High impact News of USD can affect the pair. News like FOMC Meeting Minutes.

 

[AsiaDev]

EUR/USD D1

Yesterday EUR/USD got a pull back from its resistance zone 1.3130 level. Today Bollinger bands are showing buy signals for the pair but as long resistance is not broken there are chances for further decline. So price action on 1.3130 level should be handle carefully. If EUR/USD manage to break this level then pair will further move up and target 1.3170 level.
On the other hand, If pair didn’t manage to overcome its resistance level then, it will indicate bearish strength for EUR/USD and pair will rapidly dropped southward.
High impact News can affect the movement of EUR/USD. News like Unemployment Claims.

GBP/USD D1

The outlook for the cable is bullish. Pair will target 1.5390 level today. Bollinger bands are also showing buy signals for GBP/USD. If pair manage to break through its resistance and give a day closure above 1.5400 level then it will open gate towards north and Cable will continue its uppish trend.
High impact News can effect he tend of GBP/USD. News like Unemployment Claims.

AUD/USD D1

Yesterday Aussies break its resistance and move up to 50 pips. The outlook for the pair is bullish. Pair will face its resistance at 1.0550 level. Price action on this level should be carefully watch. If AUD/USD manage to break its resistance and H4 candle close above 1.0550 level, it will indicate more bullish strength and pair will further move up and target 1.0600 level.
On the contrary, If AUD didn’t manage to break its resistance and H4 candle close below support level 1.0493 level then pair will start moving southward.
High impact News can affect the move of AUD/USD. News like Unemployment Claims.

USD/CHF D1

The price is now ranging from 0.9290-0.9380 level. Bollinger bands are providing sell signals for the pair. USD/CHF will face its support at 0.9290 level today. Price action on this level should be carefully watch. If USD/CHF manage to breakthrough this level and H4 candle close below 0.9290 level then pair will further fall towards southward.
The scenario will be vanished, If USD/CHF hold its support level 0.9290 level and H4 candle close above support level, it will provide bullish potential to the pair and USD/CHF will then move up and target its resistance at 0.9380 level.
High impact News of USD can affect the pair. News like Unemployment Claims.

11 April 2013

 

[AsiaDev]

EUR/USD D1

EUR/USD got bullish in London session yesterday and target 1.3136 level. The resistance is at 1.3143 level. Now the outlook for the pair is bearish. Today EUR/USD will target its support at 13042 level. If pair manage to break this level and give a day closure below support then pair will further dropped towards south.
On the other hand, If EUR manage to hold its support level and give a day closure above 1.3145 level then it will indicate strong bullish strength and pair will then move further upward.
High impact News can affect the movement of EUR/USD. News like Core Retail Sales m/m, PPI m/m, Retail Sales m/m, Prelim UoM Consumer Sentiment, Fed Chairman Bernanke Speaks.

GBP/USD D1

Yesterday Cable got bullish and target up to 90 pips. Today pair will test its support at 1.5360 level. Price action on this level should be carefully watch. If GBP/USD manage to break its support and H4 candle close below 1.5360 it will indicate bearish strength for the pair and GBP/USD will then rapidly dropped towards south.
The scenario can be vanished. If GBP/USD manage to hold its support level and give a day closure above 1.5360 then pair will continue its bullish trend.
High impact Data’s can affect the move of pair. Data’s like Core Retail Sales m/m, PPI m/m, Retail Sales m/m, Prelim UoM Consumer Sentiment, Fed Chairman Bernanke Speaks.

AUD/USD H4

Yesterday Aussies manage to break its resistance 1.0547 and target around 35 pips. Now the resistance is at 1.0580 level. As the price is at last Bollinger showing oversold of AUD/USD. SO, there can be correction and pair will move down to test its support 1.0493 level.
Price action on this level should be carefully handle. If AUD/USD mange to break this level and H4 candle close below support then pair will further dropped towards south. On the contrary, If pair hold its support level and H4 candle close above 1.0493 level, it will indicate bullish potential and pair will again continue its uppish trend.
High impact News can change the scenario. News like Core Retail Sales m/m, PPI m/m, Retail Sales m/m, Prelim UoM Consumer Sentiment, Fed Chairman Bernanke Speaks.

USD/CHF D1

USD/CHF got a support from 0.9290 level. Pair will face its resistance at 0.9340 level. If pair manage to break this level then next target will be 0.9380 resistance. Bollinger bands are showing buy signals for USD/CHF. If pair manage to break through 0.9380 level and give a day closure above 0.9380 then pair will further move up towards north.
High impact News of USD can affect the pair. News like Core Retail Sales m/m, PPI m/m, Retail Sales m/m, Prelim UoM Consumer Sentiment, Fed Chairman Bernanke Speaks.

12 April 2013

 

[AsiaDev]

EUR/USD D1

Last Friday EUR/USD break its support 1.3042 but H4 candle close above support level and pair start moving upward. Today pair is again in a mood to test its support 1.3042 level. Price action on this level should be carefully watch. If EUR/ USD manage to break its support and H4 candle close below this level then pair will continue its bearish strength and target 1.2990 level. On the other hand, If EUR/USD manage to hold its support level then pair will get bullish strength and it will then target 1.3143 which is daily resistance.

GBP/USD D1

GBP/USD didn’t manage to overcome its physical level 1.5400 and dropped towards south. We are expecting pair to continue its bearish trend and target 1.5260 level. Price action on this level should be carefully watch. If pair manage to hold 1.5260 level and H4 candle close above support level then it will indicate bulls are ready to take pair again towards 1.5400 level. The scenario will be vanished, if cable didn’t manage to hold its support level and H4 candle close below 1.5260 level. GBP/USD will then dropped rapidly towards south.

AUD/USD H4

Aussies get a strong pull back from 1.0580 level. Now pair is testing its support around 1.0390 level. Bollinger bands are showing sell signals for the pair. If AUD/USD manage to break through its support level and H4 candle close below 1.0390 then it will be indication of more bearish strength and pair will further move towards southward.
The scenario can be change, If AUD/USD manage to hold its support level and H4 candle close above 1.0400 level then pair will start moving towards north and target 1.0525 level.

USD/CHF D1

USD/CHF is in bullish mood today. Pair will test its resistance at 0.9340 level. Bollinger bands are providing buy signals for the pair. If pair manage to break this level and H4 candle close above 0.9340 then USD/CHF will continue its uppish trend. On the contrary, if pair didn’t manage to overcome its resistance then pair will dropped towards southward.

15 April 2013

 

[AsiaDev]

EUR/USD D1

EUR/USD is currently testing its resistance at 1.3143 level. Bollinger bands are showing buy signals for the pair but as long pair remain under 1.3170 level it will get pull back. Now if pair manage to break its resistance 1.3143 then it will target 1.3170 level. Price action on both level should be carefully watch. If closure H4 is below resistance level then EUR/USD will rapidly fall towards its support 1.3008 level.
On the other hand, If EUR manage to break through its resistance and give a day closure above 1.3170 level, it will give more bullish strength to pair and EUR/USD will then further move upward.
High impact News can affect the movement of pair. News like Building Permits, Core CPI m/m., ECB President Draghi Speaks.

GBP/USD D1

Cable got resist from 1.5411 level on last Friday. The outlook is bullish above 1.5260 level. GBP/USD is expected to move up and test its resistance at 1.5360 level. Price action on this level should be carefully handle. If cable breakthrough this level then its next target will be 1.5430 level.
The scenario will be vanished, if pair didn’t hold its support and H4 candle closure below 1.5260 it will then open gate towards south.
High impact News can effect the move of GBP/USD. News like Building Permits, Core CPI m/m.

AUD/USD H4

Yesterday Aussies got support from 1.0290 level and now pair will face its resistance at 1.0407 level. Bollinger bands are providing buy signals for AUD/USD. If pair manage to break 1.0407 level and H4 candle close above resistance level then AUD will continue its uppish trend. On the contrary, if AUD/USD didn’t manage to break its resistance and H4 candle close below 1.0390 level then it will indicate pair got bearish strength and AUD/USD will then start moving towards southward.
High impact News can affect the trend of pair. News like Building Permits, Core CPI m/m.

USD/CAD D1

The outlook for the pair is bearish for today. USD/CAD will test its support at 1.0280 level. Bollinger bands are also showing sell signals for the pair. If pair manage to break its support level and H4 candle close below 1.0180 level it will further allow pair to dropped towards south. On the contrary, If USD/CAD manage to hold its support and give a day closure above its support level then pair will gain bullish strength and target will be 1.0280 level.
High impact News of USD can change the scenario. News like Building Permits, Core CPI m/m.

16 April 2013

 

[AsiaDev]

EUR/USD D1

In late session EUR/USD break 1.3170 level and manage to give a day closure above this level. Now Pair is expected to continue its bullish trend and test its next resistance at 1.3240 level. Bollinger bands are showing buy signals for the pair. If EUR/USD manage to break through this level and H4 candle close above resistance level then it will take EUR further toward north.
The scenario can be change, If EUR/USD didn’t manage to hold its support 1.3140 level and H4 candle closure below this level. It will then indicate bearish strength and pair will fall and target 1.3050 level.

GBP/USD D1

GBP/USD move up in New York session and target 1.5360 level but pair didn’t manage to overcome 1.5360 level so expected is cable will now first move down and test its support 1.5260 level. On the other hand, If pair manage to overcome its resistance and H4 candle closure above 1.5360 then it will allow GBP/USD to more upward and target 1.5430-50 level respectively.
High impact News of GBP can Effect the movement of Cable. News like Claimant Count Change, MPC Meeting Minutes.

AUD/USD D1

Yesterday AUD/USD got a good support from 1.0290 level and target 100 pips. Now the key level is 1.0390 which will act as daily resistance. Price action on this level should be carefully watch. If AUD/USD manage to break this level and H4 candle close above 1.0390 then pair will further move towards north.
On the contrary, If AUD fails to break its resistance and H4 candle close below 1.0390 level then pair will again start moving down ward and target 1.0290-250 level respectively.

USD/CAD D1

USD/CAD manage to hold its physical level 1.0200. Now pair is expected to move up and test its resistance at 1.0290 level. Price action on this level should be carefully watch. If pair manage to break through its resistance then it will allow USD/CAD to further move upward. But if price close below 1.0290 level, it will be indication of bearish strength and provide a valid sell entry.
High impact News of CAD can affect the move of pair. News like BOC Monetary Policy Report, BOC Rate Statement, Overnight Rate, BOC Press Conference.

17 April 2013

 

[AsiaDev]

EUR/USD D1

After getting a strong pull back from 1.3200 level, EUR/USD dropped upto 200 pips yesterday. Now the outlook for the pair is bearish. EUR/USD is expected to first go up and test its resistance at 1.3140 level and then fall back. Price action on 1.3140 level should be carefully watch. If pair break through its resistance and H4 candle closure above this level then pair will further move upward.
On the contrary, If closure H4 below resistance level, it will then indication of bearish potential and EUR/USD will fall rapidly towards 1.3000 level.
High impact News can affect the move of EUR/USD. News like Unemployment Claims, Philly Fed Manufacturing Index.

GBP/USD D1

Yesterday GBP/USD didn’t manage to break its close above its resistance 1.5360 level and fall towards south. Now we are expecting pair to first move up and test its resistance at 1.5340 level. Price action on this level should be handle carefully.
If Cable manage to break this level and H4 candle close above 1.5360 then GBP/USD will target 1.5430 level. On the other hand, if pair didn’t manage to break 1.5340 level and closure H4 below resistance then pair will start falling towards 1.5215 level.
High impact News can affect the trend of pair. News like Unemployment Claims, Philly Fed Manufacturing Index, Retail Sales m/m.

AUD/USD D1

Yesterday Aussies got bearish strength and target its support 1.0290 level. Now the outlook is bullish for the pair. AUD/USD manage to overcome its support and day closure is above 1.0290 support level. So pair is expected to move up today and target again 1.0390 level.
The scenario will be vanished, if AUD/USD didn’t manage to hold its support level and H4 candle closure below 1.0290 level. It will then allow pair to continue its bearish trend and will target 1.0220 level.
High impact News can affect the movement of pair. News like Unemployment Claims, Philly Fed Manufacturing Index.

USD/CAD D1

USD/CAD have daily resistance at 1.0290 level. Pair is expected to move down and test its support again at 1.0211 level. If USD/CAD manage to hold its support level and H4 candle closure above 1.0211 then pair will continue its uppish trend. But if USD/CAD fails to give a H4 closure above 1.0211 level, then it will allow pair to further dropped towards south.
High impact News of USD can affect the pair. News like Unemployment Claims, Philly Fed Manufacturing Index.

18 April 2013

 

[AsiaDev]

EUR/USD D1

EUR/USD will face its support at 1.2990 level today. Bollinger bands are providing sell signals for the pair. If pair manage to break through its support level and H4 candle close below 1.2990 level then it will indicate EUR got more bearish potential which will take pair towards 1.2920 level.
The scenario can be vanished. If pair manage to break its resistance 1.3040 level and H4 candle close above it, then pair will again move upward and target 1.3200 level.
High impact News can affect the movement of EUR/USD. News like Existing Home Sales.

GBP/USD D1

The Cable is expected to test its support 1.5190 level today. Bollinger bands are also showing sell signals for GBP/USD. Price action on 1.5190 level should be handle carefully. If GBP/USD break its support and H4 candle close below 1.5190 level then it will open gate towards south and cable will then target 1.5135-100 level respectively.
On the other hand, Break of resistance 1.5260 level will provide bullish strength to GBP/USD and pair will move up and target north.
High impact News can affect the Trend of EUR/USD. News like Existing Home Sales.

AUD/USD D1

The outlook for the pair is bearish for today. AUD/USD will test its support at 1.0260 level. Price action on this level should be watch. If Aussies manage to break through 1.0260 level and H4 candle closure below support then it will allow pair to continue its bearish trend.
On the contrary. If pair manage to hold its support level and closure H4 above 1.0260 level then it will indicate pair got support and AUD/USD will then start moving towards northward.
High impact News can change the scenario. News like Existing Home Sales.

USD/CAD D1

USD/CAD is trading in a range of 1.0200-0290 level. Break of any level will clear the trend. If USD/CAD manage to break 1.0290 level and H4 candle close above resistance then USD/CAD will gain bullish strength and continue its uppish trend. But if pair fails to overcome its 1.0290 level then pair will start moving southward and target 1.0200 level.
High impact News of USD can affect USD/CAD. News like Existing Home Sales.

22 April 2013

 

[AsiaDev]

EUR/USD D1

The outlook for the pair is bearish for today. EUR/USD will test its support at 1.2994 level. Break of support and H4 closure will provide more bearish strength to pair and EUR/USD will fall towards south and target then 1.2920 level. On the other hand, If pair hold its support level and H4 candle close above 1.3000 then it will indicate bullish strength and EUR/USD will then continue its uppish trend.
High impact News can affect the movement of EUR/USD. News like French Flash Manufacturing PMI, German Flash Manufacturing PMI, New Home Sales.

GBP/USD D1

The outlook remain bearish for GBP/USD. Today cable will test its support level 1.5186 level. Price action on this level should be watch. If pair breakthrough this level and H4 closure below 1.5186 then pair will rapidly dropped towards 1.5120 level. On the contrary, If GBP/USD manage to hold its support level and H4 closure above support level then pair will start moving towards north.
High impact Data can affect the pair. Data like New Home Sales.

AUD/USD D1

Aussies is under pressure. Pair will test its support at 1.0188 level. Bollinger bands are also showing sell signals for the pair. Price action on this level should be carefully watch. If AUD/USD manage to hold its support level and H4 candle close above 1.0188 level then pair will gain bullish strength, which will allow AUD to move upward.
The scenario can be change, If AUD didn’t manage to hold it’s support level and H4 closure below 1.0288 then pair will rapidly dropped towards south and target 1.0140 level.
High impact News can affect the move of AUD/USD. News like New Home Sales, CPI q/q.

USD/CAD D1

USD/CAD is trading in a small range of 1.0200-90 level. Break of any level will clear the trend for the USD/CAD. There can be two scenario.
First, If pair fails to break 1.0290 level and H4 candle close below this level then it will indicate bearish strength and provide a valid sell entry.
On the other hand, If USD/CAD manage to break through its resistance and H4 candle close above 1.0290 level then it will provide a valid buy entry for the pair.
High impact News of USD can affect the trend of USD/CAD. News like New Home Sales, Core Retail Sales m/m, BOC Gov Carney Speaks.

23 April 2013

 

[AsiaDev]

EUR/USD D1

The outlook for EUR/USD is bearish for today. Bollinger bands are also providing sell signals for the pair. Today EUR/USD will test its support at 1.2950 level. If EUR/USD manage to break this level and H4 candle closure below 1.2950 level then it will show more bearish potential and EUR/USD will then fall towards south and target 1.2900 level.
On the other hand. If pair manage to overcome its physical level and H4 candle closure above 1.3000 level then EUR/USD will start moving upward and target 1.3070 level. Break of 1.3070 level will further allow pair to move northward and target 1.3140 level respectively.
High impact News of EUR can affect the move of pair. News like German Ifo Business Climate.

GBP/USD D1

GBP/USD is not showing clear trend. But on the long term we are expecting GBP/USD to remain bullish. Today’s resistance is around 1.5315 level. If pair manage to break through its resistance and H4 closure above 1.5315 level then cable will continue its uppish trend and will target 1.5400 level.
The scenario will be vanished. If GBP/USD didn’t hold its support 1.5190 level, it will then allow pair to dropped towards south and target 1.5150-100 level respectively.

AUD/USD D1

Pair is expected to move up today and test its resistance at 1.0290 level. Bollinger bands are not showing clear signals due to oversold of AUD/USD. Today’s support is at 1.0224 level. Price action on this level should be carefully watch.
There will be two scenarios. First, If pair manage to hold its support and H4 candle closure above 1.0224 level then it will indicate bullish strength and AUD/USD will move towards northward. Secondly, If Aussies fails to hold its support level and H4 closure below 1.0224 level then it will indicate pair got bearish strength and provide a valid sell entry.
High impact News can affect the movement of AUD/USD. News like Core Durable Goods Orders m/m.

USD/CAD D1

USD/CAD is trading in a small range of 1.0200-90 level. Break of any level will clear the trend for the USD/CAD. There can be two scenario. First, If USD/CAD manage to break through its resistance and H4 candle close above 1.0290 level then it will provide a valid buy entry for the pair.
On the other hand, If pair fails to break 1.0290 level and H4 candle close below this level then it will indicate bearish strength and provide a valid sell entry.
High impact News can effect the trend of USD/CAD. News like BOC Gov Carney Speaks.

24 April 2013