Posts Tagged ‘EUR/USD’

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 24th session. EUR/USD — The Tuesday session saw the market to fall aggressively to the downside looking for support at 1.12. A break below this level is very bearish. Also, gold market is experiencing bearishness. A break above there recent highs is seen as bullish. However, you need to see a break below 1.1150 to see bearishness. Right […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 22nd session. EUR/USD — In the absence of volume due to Good Friday celebrations, the market was slightly bearish on Friday session. The market is trading close to the 1.12 level, which is supportive, and is the bottom of this consolidation zone. You can look at 1.14 as the top of this consolidation. A break below 1.12 is very bearish for this pair. […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 19th session. EUR/USD — The Thursday session saw the market to sell-off. The market is trading closer to 1.12, which is the bottom of this consolidation zone. The 50-day EMA is offering resistance. It is low volume due to Good Friday celebrations. At the moment, the market is looking bearish. So, it is better to wait until the Monday […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 18th session. EUR/USD — The rally on Wednesday session could not succeed on Wednesday session, as the 50-day EMA offered resistance. As long as the 1.12 level offers support, this market is bullish. It is also the bottom of this consolidation zone. The market needs to build enough momentum to make it to the upside. GBP/USD — Not much has […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 17th session. EUR/USD — The Tuesday session saw the market to pull back a bit looking for support. The market is trading closer to the bottom of the consolidation, which comes at 1.12. The market is experiencing lots of back and forth short-term movements in this consolidation zone. So, pullbacks are seen as buying opportunities at the moment. GBP/USD — The pound is also […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 16th session. EUR/USD — The Monday session was initially bullish, but then rolled over to form a shooting star candlestick, as you can see on the daily chart. The market is trading within the consolidation zone, with 1.12 as bottom. A break below this level is bearish. So, pullbacks at the moment should offer value. A break above […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 15th session. EUR/USD — The Friday session saw the market to rally strongly and break above the 50-day EMA. However, it fell below facing resistance. So, at this point, pullbacks are seen as buying opportunities. The market is trading within this consolidation zone, with 1.12 as the bottom, and 1.15 as top. GBP/USD — The pound is also […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 11th session. EUR/USD — Once again the euro fell on Thursday session looking for support, as it faced resistance at the 50-day EMA. The 1.12 level below looks supportive, which is also the bottom of the consolidation zone. So, you should treat pullbacks as buying opportunities. A break below 1.12 looks very bearish for the euro. With the major central […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 11th session. EUR/USD — On Wednesday session, the market fell to find buyers close to 1.12., which is the bottom of the consolidation zone. The dovish ECB in terms of monetary policy has not contributed for much bullishness in this pair. A break above the top of the candlestick from Wednesday session is seen as a signal to buy. This market is bullish as long […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 10th session. EUR/USD — The market is now rallying from 1.12 level, which has offered support, and the bottom of this consolidation zone. Now, the market has turned around to form a shooting star candlestick on the daily chart. It could result in market once again looking for support at the bottom of this consolidation zone. However, the market does […]