Posts Tagged ‘EUR/USD’

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 15th session. EUR/USD — The pair rose up and rallied on Thursday session. The price is hovering around the 1.13 level. Breaking the recent highs is seen as a bullish sign and the 1.14 level is the target to the upside. Breaking below the bottom of the consolidation zone, then the 1.12 level could be supportive. The market looks set to go further to the upside. […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 14th session. EUR/USD — On Thursday session, the market was bearish. It took back all the gains from Wednesday session. The market is at the bottom of this consolidation zone. The 1.12 level below looks supportive. So, the market could see another bounce from here. GBP/USD — The market is trying to establish support at the 1.28 level. […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 13th session. EUR/USD — The EUR/USD pair fell initially fell during the trading session on Tuesday and then formed this outside candle. This is seen as a nice buying opportunity. To the upside, the 1.15 level looks like the target. The market is in a range bound situation at the moment. With the dovish Fed causing a weak US dollar, this pair […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 12th session. EUR/USD — The pair has broken below the 1.13 level. However, the market has reached the bottom of a consolidation zone. To the upside, the 1.14 level is the target. A break down below the bottom of this consolidation zone, the 1.12 level is the target. The soft stance of the ECB is not helping the euro at the moment. Also, the dovish stance of the Fed […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 11th session. EUR/USD — The Friday session saw the markets to rally initially, but then turned around to roll over. This little uptrend line could provide some support. Also, the 1.13 level looks supportive. So, any formation of a reversal candle like a hammer here, is a sign to buy. Also, the break of the top of the candlestick from […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 8th session. EUR/USD — The Thursday session saw the markets to pullback a bit and found the 1.1325 level to be supportive. Then it formed a hammer like candlestick. The market is in a range bound situation with 1.15 as top and 1.13 as bottom. The dovish Fed could contribute to pushing this pair higher. However, there are no headlines out […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 7th session. EUR/USD — The Wednesday session also saw the market to pull back a bit. However, there exists support below for this pair. This pair is in a trading range with a slight bullish bias. You can make an argument for an ascending price channel. Anything the Fed says dovish, it could cause the weakness in the US dollar. […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 6th session. EUR/USD — The pair tried to rally, but then fell. It found the 50-day EMA to be supportive. The market is also finding support at the 50% Fibonacci retracement level. The market could find its way to the upside grinding slowly. The 1.15 level above looks as significant resistance. The Fed maintains a dovish stance on monetary policy, […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 5th session. EUR/USD — The Monday session saw the market to pull back testing the 50-day EMA, which could provide support. The 200-day EMA above is offering resistance. Hence, this can cause consolidation between these two moving averages. However, the market could slowly grind its way upwards. So, this market is […]

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 4th session. EUR/USD — The Friday session saw the markets to rally initially and then to fall back from the 1.15 level, as the jobs numbers that came out did not help this pair much. The 50-day EMA below could offer support. A break above the 200-day EMA is seen as a strong bullish move. There is going […]