Posts Tagged ‘EUR/USD’

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EUR/USD and GBP/USD Forecast — September 16th 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 16th session. EUR/JUSD — The Monday session saw the market forming a shooting star candlestick, after finding resistance at the 50-day EMA. This was due to the ECB's rate decision. This shows signs of weakness and looks like this market will move sideways for a while. GBP/USD — The pound has now reached the 1.25 level. This is […]

EUR/USD and GBP/USD Forecast — September 13th 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 13th session. EUR/USD — The market fell on Thursday session, as the ECB announced the rate cut. However, it looks like this market is going to remain in consolidation. To the upside, the 1.11 level, and the 50-day EMA will cap rallies. Hence rallies that show signs of exhaustion are selling opportunities. GBP/USD — The pound looks very bullish […]

EUR/USD and GBP/USD Forecast — September 12th 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 12th session. EUR/USD — The market fell on Wednesday session towards the 1.10 level, which looks supportive. The investors are waiting for the ECB meeting scheduled on Friday. So, this market could be choppy in the meantime, and scalpers can take advantage of it. To the upside, the 1.11 level could offer strong resistance. So, fade rallies that show […]

EUR/USD and GBP/USD Forecast — September 11th 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 11th session. EUR/USD — The Tuesday's trading session was very quiet. To the upside, the 1.1050 is the beginning of the supply zone. So, fade price action towards this level, and utilize them as selling opportunities. It looks like the ECB is not going to change much regarding its stance on the monetary policy, this week. So, this […]

EUR/USD and GBP/USD Forecast — September 9th 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 9th session. EUR/USD — The Friday session saw the euro to rally initially, but fell due to the jobs numbers released, showing signs of weakness again. The negative yielding bonds at the moment is causing the investments to flow away from Europe. However, the US is experiencing positive yields. Also, Germany is moving towards recession. You have […]

EUR/USD and GBP/USD Forecast — September 6th 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 6th session. EUR/USD — On Thursday session, the market rallied pretty significantly, but then found strong resistance to roll over. The market is still in a downtrend. The 50-day EMA will cap the rallies. So, you can short rallies that show signs of exhaustion at the moment. Today is the jobs number Friday. It will bring a lot […]

EUR/USD and GBP/USD Forecast — September 3rd 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 3rd session. EUR/USD — The market was slightly bearish on Monday session. Also, it was a low volume day due to Labor Day in the US. At the moment, the market is experiencing strong selling pressure. So, you can sell short-term rallies that show signs of exhaustion. The market is now trading below the 1.10 level, which […]

EUR/USD and GBP/USD Forecast — September 2nd 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 2nd session. EUR/USD — The market on Friday session was very bearish as it broke below the 1.10 level, which was supportive. The downside looks more likely at the moment. Fading price action to the upside will give you a good risk to reward ratio. The 1.05 level looks like the next target, which is closer to the 100% Fib […]

EUR/USD and GBP/USD Forecast — August 30th 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the August 30th session. EUR/USD — The market tested the 1.11 level for resistance on Thursday session and then rolled over. The 50-day EMA is falling and offering strong resistance. So, the market could be moving down towards the 1.10 level. The bond yields in the US are positive. However, it is negative in Germany. So, it will cause investments […]

EUR/USD and GBP/USD Forecast — August 29th 2019

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the August 29th session. EUR/USD — The market has been drifting slowly to the downside at the moment, as it is trading within this large downtrend. To the downside, the 1.11 level is seen as the beginning of the demand zone, extending down towards the 1.10 level. So, any bounces are going to be short lived, and you can sell these bounces on signs […]

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