Posts Tagged ‘EUR/USD’

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EUR/USD and GBP/USD Forecast — January 22nd 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 22nd session. EUR/USD — Initially, the trading session was bullish, but as the ZEW economic sentiment came from Germany, the market fell back to give back the gains. Now, the 50-day EMA could be tested for support. The market has been trading inside this consolidation zone. You cannot expect bigger moves, but you can […]

EUR/USD and GBP/USD Forecast — January 21st 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 21st session. EUR/USD — The Monday session saw a sideways price action and volatility was an issue due to Martin Luther King Day in the US. The 50-day EMA below looks supportive. A break below the recent lows, then the 1.10 level is the target to the downside. The market has been trading inside this consolidation zone. So, you can […]

EUR/USD and GBP/USD Forecast — January 17th 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 17th session. EUR/USD — Initially, the trading session was bullish, but the market then rolled over as the retail sales, and the unemployment data released from the US boosted the US dollar. The market is trading just above the 200-day EMA. The lows are getting higher. So, the market is going to be choppy for a while. GBP/USD — The market […]

EUR/USD and GBP/USD Forecast — January 15th 2020

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 price action on Tuesday. The market is moving sideways between the 50-day EMA 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. […]

EUR/USD and GBP/USD Forecast — January 14th 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 14th session. EUR/USD — The euro tried to break above the 200-day EMA on Monday session and ended up forming a bearish candlestick, as you can see on the daily chart. The 1.12 level is the beginning of the supply zone in this downtrend. A break above this level is significant and you can expect the next move towards the 1.14 level. A break […]

EUR/USD and GBP/USD Forecast — January 10th 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 10th session. EUR/USD — The pair has been consolidating between the 1.10 and the 1.12 level. Now, it is trading in the middle of this range. Now, the market looks for the release of the non-farm payroll release, which could have a huge impact on this market. So, you can buy dips as well as fade rallies at the moment. GBP/USD — The pound […]

EUR/USD and GBP/USD Forecast — January 9th 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 9th session. EUR/USD — Initially, the market rallied, but then rolled over on Wednesday session. Now, the market is trading below the 200-day EMA. The investors are looking for the non-farm payroll report on Friday, which could have a significant impact on this market. The 1.12 level is seen as the next target to the upside. So, you can use […]

EUR/USD and GBP/USD Forecast — January 8th 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 8th session. EUR/USD — The market fell on Tuesday session towards the 200-day EMA and the bottom of this hammer candlestick, which look supportive. So, the market could remain choppy for a while between the 1.11 and the 1.12 level. A break below the 1.11 level opens the bearish scenario for the euro. To the upside, the 1.14 level is the target. You need to wait and see […]

EUR/USD and GBP/USD Forecast — January 7th 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 7th session. EUR/USD — The market is now testing the 1.12 level for resistance and has formed a shooting star candlestick on the daily chart. Also, you have a hammer candlestick formed at the 200-day EMA below. To the upside, the 1.14 level is the target. A break below the 50-day EMA is negative for the euro and you can target the 1.10 level to the downside. […]

EUR/USD and GBP/USD Forecast — January 6th 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 6th session. EUR/USD — The market initially fell on Friday session, but found support, and formed a hammer candlestick on the daily chart. The hammer is formed right at the 200-day EMA. The 1.1250 level is seen as the beginning of the supply zone. A breakdown below the recent lows, then the 50-day EMA will support this pair. So, it looks like […]

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