Posts Tagged ‘EUR/USD’

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 28th session. EUR/USD — As you can see on the daily chart, the market has been trading inside this large consolidation zone. Now, it has reached towards the bottom of this zone. The 1.10 level below looks strongly supportive. However, the 50-day EMA above will offer strong resistance. Hence, choppy conditions could prevail […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 27th session. EUR/USD — The market is now approaching the 1.10 level, which is the bottom of this consolidation zone. So, it makes sense that you can expect a short-term bounce from this level. You can expect the 50-day EMA to offer resistance. Hence, on signs of a supportive candlestick like hammer, you can buy […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 24th session. EUR/USD — The trading session was strongly bearish on Thursday. This was due to the ECB statement. Now, this little bullish trendline is broken, and you can aim for the 1.10 level to the downside. A break above the 1.12 level is seen as a trend change. GBP/USD — The pound initially fell on Thursday session, but then […]

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 […]

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 […]

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 […]

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. […]

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 […]

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 […]

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 […]