Posts Tagged ‘GBP./USD’

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EUR/USD and GBP/USD Forecast — March 9th 2021

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the March 9th session. EUR/USD — The euro fell below towards the 200-day EMA on Monday session. The euro is now trading below the 1.19 level. The 1.18 level is supportive, which comes at the 200-day EMA. A breakdown below this level is very bearish. The yields in the US Treasury 10-year note is rising, which could put downward […]

EUR/USD and GBP/USD Forecast — March 2nd 2021

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the March 2nd session. EUR/USD — The euro went sideways on Monday session and is hovering around the 50-day EMA at the moment. The 1.20 level below is supportive. A breakdown below this level is very bearish and the 1.19 level is the next support. If the US Treasury yields are rising, then euro could fall further down. A break […]

EUR/USD and GBP/USD Forecast — February 24th 2021

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 24th session. EUR/USD — The euro rallied slightly on Tuesday session, but then gave back the gains to form a shooting star candlestick. As you can see on the daily chart, you can make an argument for an inverted head and shoulders pattern. If you take a long position based on the breakout of this pattern, then your take-profit level comes […]

GBP/USD Forecast — February 10th 2021

In this video, the Trader Guy looks at the GBP/USD currency pair for the February 9th session. GBP/USD — The pound rallied very strongly on Tuesday session and broke above the 1.3750 level. Now, it should act as support. The pound was severely affected by coronavirus situation in the UK and Brexit. Now, the headlines on vaccination against coronavirus should dominate this market. The 1.40 level is seen as the next target to the upside. So, dips should […]

EUR/USD and GBP/USD Forecast — November 4th 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the November 4th session. EUR/USD — The euro rose initially towards the 50-day EMA and then pulled back. The investors are expecting the results of the US Presidential election. This is the reason for the sell-off of the US dollar. Also, pay attention to the headlines on the stimulus in the US. The ECB is expected to intervene to protect the economy in Europe. A breakdown below the 1.16 level is bearish […]

EUR/USD and GBP/USD Forecast — October 23rd 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the October 23rd session. EUR/USD — As this broken uptrend line is offering resistance, the euro pulled back on Thursday session. The euro could look for the 1.17 level as the next support. With the possibility of stimulus in the US, the euro could rally again. GBP/USD — The Brexit headlines are causing confusion in the market at the moment. The 1.30 level is supportive. So, […]

EUR/USD and GBP/USD Forecast — April 17th 2020

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 17th session. EUR/USD — The euro was trading bearish on Thursday session and broke below the bottom of the candlestick from Wednesday session. This market continues to experience selling pressure trading within this large downtrend. This market has been very choppy lately. To the upside, the 50-day EMA will offer strong resistance. So, this market […]

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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