Posts Tagged ‘EUR/USD’

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

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 9th session. EUR/USD — The market saw a sideways price action on Tuesday session. The market has been very choppy lately. The market is making lower highs and higher lows. So, you can expect the market to rally towards the 1.10 level, and then to fade over. So, you can such rallies on signs of exhaustion. In the meantime, you […]

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

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 8th session. EUR/USD — The trading session was very bullish on Tuesday. The market has been very choppy lately. The market is making lower highs and higher lows. So, you can expect the market to break out at some point. The market is trading below the 1.10 level, which is psychologically significant, and strong resistance. Hence, […]

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

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 7h session. EUR/USD — The market is just hovering around the 1.08 level. This is seen as a binary trade. So, look for a breakout above or below this candlestick. However, the market is sitting on a support level. Hence, you can expect the market to reach towards the 1.09 level. To the downside, the 1.06 level is the target. However, keep […]

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

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 6h session. EUR/USD — The trading session was bearish on Friday session. You can expect the market to go down towards the 1.0850 level. You can view the 1.10 level as the beginning of the supply zone. The macroeconomic figures released from the EU did not help the euro much. Hence, fade rallies towards this level, and sell them […]

EUR/USD and GBP/USD Forecast — April 3rd 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 3rd session. EUR/USD — The trading session was very bearish for the euro, as the investments flowed towards the US Treasuries, which favored the US dollar. Thee jobs number to be released will cause a little bit of a bounce. The market looks bearish at the moment. The 1.10 level is psychologically significant and can cause strong resistance. So, rallies that show […]

EUR/USD and GBP/USD Forecast — April 2nd 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 2nd session. EUR/USD — The market has been going through choppy conditions. This market is currently influenced heavily by algorithmic traders. A break below the bottom of this hammer candlestick from Tuesday session is a sell signal. So, fading rallies, and selling them on signs of exhaustion will work at the moment. GBP/USD — The market could […]

EUR/USD and GBP/USD Forecast — April 1st 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 1st session. EUR/USD — Initially, the market sliced through the 1.10 level, but then found support below. So, you can expect the market to rally again. However, the 1.11 level is seen as the beginning of the supply zone. So, short-term rallies are to be short lived, and you can sell them on signs of exhaustion. You can […]

EUR/USD and GBP/USD Forecast — March 31st 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the March 31st session. EUR/USD — The euro initially rallied on Monday session, but then rolled over to look for support at the 1.10 level. So, the market could remain in consolidation between the 1.10 and the 1.12 level. You can also expect choppy conditions to prevail. GBP/USD — The 1.25 level and the 61.8% Fibonacci retracement level will offer strong resistance. […]

EUR/USD and GBP/USD Forecast — March 30th 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the March 30th session. EUR/USD — The sell-off in the stock market contributed to a rise in the value of the euro on Friday session. The market is now just trading above the 20-day EMA and is also dominated by algorithmic traders. The market looks very choppy at the moment. GBP/USD — The pound gapped lower upon the opening of the Friday session. To the downside, the 1.20 level looks supportive. […]

EUR/USD and GBP/USD Forecast — March 27th 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the March 27th session. EUR/USD — The market saw a strong bounce just above the 1.10 level. Now, the euro is trading in an area between the 50-day EMA, and the 200-day EMA. A break above the 1.11 level, then you will see much higher prices in this market. However, you cannot expect much until you get the non-farm payroll […]

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