Search results

  1. F

    Technical analysis based on breakouts

    Technical observation EUR is rallying below a resistance zone 1.1537-1.1473, my expectation is a rejection of it within the zone for possible bearish price rally towards the support 1.0789 and a breakout below it for a further decline in price. You can remain flat temporarily and wait for the...
  2. F

    Technical analysis based on breakouts

    Technical observation GBP/USD is rising towards the resistance 1.2886, yesterday price pulled to the key supportive zone marked at 1.2716-1.2698, it was rejected and so could not penetrate below it. I expect bullish price rally towards 1.2886 followed by a breakout above it and a rise to...
  3. F

    Technical analysis based on breakouts.

    Technical observation Yesterday USD could not penetrate above 108.90-108.72, price bounced within it and is currently rallying on an increasing bearish momentum towards the key level 106.58.In case of a breach below the level, wait for a confirmation of further bearish price rally before you...
  4. F

    Technical analysis based on breakouts

    Technical observation Yesterday, EUR went down but not for long, though I still expect more bearish momentum towards the support level marked at 1.1214, price can still penetrate above the resistance zone 1.1503-1.1475 and in that case you should wait for a correction to the just broken zone...
  5. F

    Technical analysis based on breakouts

    Technical observation On the daily chart above, USD continues to rise towards the resistance zone 109.94-109.76 and my expectation is nothing but a rejection of it within the zone followed by bearish momentum. I am waiting for the correction to the above mentioned zone and a bounce within it to...
  6. F

    Technical analysis based on breakouts

    Technical observation USD has been declining steadily towards the support level 107.82, right now price is rallying around it and my expectation is either a clear penetration below it with a big red candle, or a bounce at it followed by a correction to the zone 114.78-114.06, In case you sold...
  7. F

    Technical analysis based on breakouts

    Technical observation USD rallied to the level 106.74 but could not penetrate below it, price closed above the level and is now correcting to the resistance level 109.39. My expectation is a rejection of it at the line for possible downwards momentum of price towards 106.74 followed by a...
  8. F

    Technical analysis based on breakouts

    Technical observation For the past days USD has been declining massively against the Japanese Yen, right now price is breaking below a support 107.40 and In case you were short from within 111.67-111.35 you can pick your profits now. My expectation for this pair is either a close above 107.40 or...
  9. F

    Technical analysis based on breakouts

    Technical observation For several days now, USD has been declining steadily towards the support 109.39, currently price is rallying around the line and my expectation is either a clear breach below it with a big red candle followed by a pullback to it or a bounce at it followed by a correction...
  10. F

    Technical analysis based on breakouts

    Technical observation GBP is rallying around a key level 1.2696 and I expect bearish momentum towards the support 1.2113 followed by a breakout below it for a further decline in price. You can sell this pair at 1.2696 after a close at it with your take profit at 1.2113 and stop loss at 1.2929...
  11. F

    Technical analysis based on breakouts

    Technical observation On the 4 hour chart above GBP/USD is correcting to a resistance zone 1.2685-1.2673 and my expectation is nothing but a rejection within it for bearish price momentum towards 1.2474.Wait for the pullback to the above mentioned zone and a rejection within it to sell GBP with...