*Range 1.3080/1.3100 support
For sells on condition of formation of topping signals the targets will be 1.3020/40, 1.2960/80 and/or further breakout variant up to 1.2900/20, 1.2820/40, 1.2760/80.
An alternative for buyers will be above 1.3200 with targets 1.3260/80, 1.3320/40, 1.3380/1.3400
For sells on condition of formation of topping signals the targets will be 1.3020/40, 1.2960/80 and/or further breakout variant up to 1.2900/20, 1.2820/40, 1.2760/80.
An alternative for buyers will be above 1.3200 with targets 1.3260/80, 1.3320/40, 1.3380/1.3400
* the possibility of pair return to(supports or resistance), where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval(1 hour, 30 min based on candlestick patterns )
EURUSD:
*Range 1.2880/1.2900 resistance
For short-term buying positions on condition of formation of topping signals the targets will be 1.2960/80, 1.3040/60, 1.3100/20 and/or further breakout variant up to 1.3160/80, 1.3240/60, 1.3380/1.3420.
An alternative for sells will be below 1.2800 with targets 1.2720/40, 1.2640/60, 1.2580/1.2600
EURUSD:
*Range 1.2880/1.2900 resistance
For short-term buying positions on condition of formation of topping signals the targets will be 1.2960/80, 1.3040/60, 1.3100/20 and/or further breakout variant up to 1.3160/80, 1.3240/60, 1.3380/1.3420.
An alternative for sells will be below 1.2800 with targets 1.2720/40, 1.2640/60, 1.2580/1.2600
EURUSD:
*Range 1,2840/60 support
For short-term buying positions on condition of formation of topping signals the targets will be 1,2900/20, 1,2980/1,3000, 1,3080/1,3120 and/or further breakout variant up to 1,3160/80, 1,3240/60, 1,3360/80. An alternative for sells will be below 1,2760 with targets 1,2680/1,2700, 1,2620/40, 1,2560/80
*Range 1,2840/60 support
For short-term buying positions on condition of formation of topping signals the targets will be 1,2900/20, 1,2980/1,3000, 1,3080/1,3120 and/or further breakout variant up to 1,3160/80, 1,3240/60, 1,3360/80. An alternative for sells will be below 1,2760 with targets 1,2680/1,2700, 1,2620/40, 1,2560/80
EUR/USD 1.3241 - 27 January (AVAFX)
Open 1.3187 Close 1.3185
High 1.3259 Low 1.2866
In December the EUR/USD rose stridently and reached the 1.4690 confrontation, but spiraling beyond that stage could not be achieved, after which downward resumed. Last week plummeting of the currency, couple accelerated and the European currency reached record low levels from the commencement of the year. On the weekly chart, stress for further decline of the pair remains valid, with targets towards the area of 1.2500. On the daily chart, the descending stress will be maintained while the EUR is under the area resistance 1.3180. Going under 1.2800 would indicate for further descending trend. Strengthening over 1.3250 may hassle rise of the EUR. On the one-hour chart, the CCI pointer has crossed up the 100 line, signaling for upward promising continuation of yesterday's upward impulse.
TR levels: 1.3270 1. 3365 1.3500
TS levels: 1.3100 1.2980 1.2865
Trading range: 1.3255 - 1.3190
Trend: Downward
Sell at 1.3241 Stop Loss 1.3271 Target Price 1.3201
Open 1.3187 Close 1.3185
High 1.3259 Low 1.2866
In December the EUR/USD rose stridently and reached the 1.4690 confrontation, but spiraling beyond that stage could not be achieved, after which downward resumed. Last week plummeting of the currency, couple accelerated and the European currency reached record low levels from the commencement of the year. On the weekly chart, stress for further decline of the pair remains valid, with targets towards the area of 1.2500. On the daily chart, the descending stress will be maintained while the EUR is under the area resistance 1.3180. Going under 1.2800 would indicate for further descending trend. Strengthening over 1.3250 may hassle rise of the EUR. On the one-hour chart, the CCI pointer has crossed up the 100 line, signaling for upward promising continuation of yesterday's upward impulse.
TR levels: 1.3270 1. 3365 1.3500
TS levels: 1.3100 1.2980 1.2865
Trading range: 1.3255 - 1.3190
Trend: Downward
Sell at 1.3241 Stop Loss 1.3271 Target Price 1.3201
GBPUSD:
*Range 1.4200/40
For short-term sells on condition of formation of topping signals the targets will 1,4100/20, 1,4060/80 and/or further breakout variant up to 1.3980/1.4000, 1.3900/20, 1.3780/1.3820.
An alternative for buyers will be above 1.4400 with targets 1.4460/80, 1.4540/60, 1.4680/1.4720.
*Range 1.4200/40
For short-term sells on condition of formation of topping signals the targets will 1,4100/20, 1,4060/80 and/or further breakout variant up to 1.3980/1.4000, 1.3900/20, 1.3780/1.3820.
An alternative for buyers will be above 1.4400 with targets 1.4460/80, 1.4540/60, 1.4680/1.4720.
GBP/USD intraday: under pressure.
Pivot: 1.4255.
Our Preference: SHORT positions @ 1.4245 with targets @ 1.4015 & 1.39.
Alternative scenario: The upside penetration of 1.4255 will call for 1.4375 & 1.455.
Comment: the pair stands within a ST bearish channel, the RSI is on the downside.
Trend: ST Consolidation; MT Bearish
Key levels Comment
1.455** Intraday resistance
1.4375** Intraday resistance
1.4255** Intraday pivot point
1.4129 Last
1.4015*** Intraday support
1.39** Intraday support
1.375*** Intraday support
EUR/USD intraday: the downside prevails.
Pivot: 1.3210.
Our Preference: SHORT positions @ 1.32 with 1.304 & 1.2975 in sight.
Alternative scenario: The upside breakout of 1.321 will open the way to 1.333 & 1.345.
Comment: the pair has broken below its ST bullish channel lower boundary and remains under pressure, the RSI is turning down.
Trend: ST Ltd Upside; MT Bearish
Key levels Comment
1.345** Intraday resistance
1.333** Intraday resistance
1.321*** Intraday pivot point
1.311 Last
1.304*** Intraday support
1.2975** Intraday support
1.29*** Intraday support
EUR/GBP intraday: rebound expected.
Pivot: 0.92
Our preference: Long positions above 0.92 with targets @ 0.9315 & 0.938 in extension.
Alternative scenario: Below 0.92 look for further downside with 0.9125 & 0.905 as targets.
Comment: the pair is breaking above its declining trend line, the RSI is on the upside.
Pivot: 1.4255.
Our Preference: SHORT positions @ 1.4245 with targets @ 1.4015 & 1.39.
Alternative scenario: The upside penetration of 1.4255 will call for 1.4375 & 1.455.
Comment: the pair stands within a ST bearish channel, the RSI is on the downside.
Trend: ST Consolidation; MT Bearish
Key levels Comment
1.455** Intraday resistance
1.4375** Intraday resistance
1.4255** Intraday pivot point
1.4129 Last
1.4015*** Intraday support
1.39** Intraday support
1.375*** Intraday support
EUR/USD intraday: the downside prevails.
Pivot: 1.3210.
Our Preference: SHORT positions @ 1.32 with 1.304 & 1.2975 in sight.
Alternative scenario: The upside breakout of 1.321 will open the way to 1.333 & 1.345.
Comment: the pair has broken below its ST bullish channel lower boundary and remains under pressure, the RSI is turning down.
Trend: ST Ltd Upside; MT Bearish
Key levels Comment
1.345** Intraday resistance
1.333** Intraday resistance
1.321*** Intraday pivot point
1.311 Last
1.304*** Intraday support
1.2975** Intraday support
1.29*** Intraday support
EUR/GBP intraday: rebound expected.
Pivot: 0.92
Our preference: Long positions above 0.92 with targets @ 0.9315 & 0.938 in extension.
Alternative scenario: Below 0.92 look for further downside with 0.9125 & 0.905 as targets.
Comment: the pair is breaking above its declining trend line, the RSI is on the upside.
EURUSD:
* Range 1,2780/1,2800 resistance
For short-term sells on condition of formation of topping signals the targets will be 1.2720/40, 1.2660/80 and/or further breakout variant up to 1.2600/20, 1.2540/60, 1.2400/40.
An alternative for buyers will be above 1.2840 with targets 1.2880/1.2900, 1.2960/80, 1.3020/40
* Range 1,2780/1,2800 resistance
For short-term sells on condition of formation of topping signals the targets will be 1.2720/40, 1.2660/80 and/or further breakout variant up to 1.2600/20, 1.2540/60, 1.2400/40.
An alternative for buyers will be above 1.2840 with targets 1.2880/1.2900, 1.2960/80, 1.3020/40
Im using FAP Turbo and all I am planning on using is the scalping system because it's done very well on my demo account but I was getting a trading sentiment from someone daily and now hes shut it down so I was wondering if you could post these currencies daily on here and determine if they are either conservative, normal, or risky trading for the day? I was also wondering how someone could figure these things out?
EURCHF, EURGPB, GBPCHF or USDCAD
EURCHF, EURGPB, GBPCHF or USDCAD
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EURUSD:
* Range 1,2790/1,2810 support
For short-term sells on condition of formation of topping signals the targets will be 1.2720/40, 1.2660/80 and/or further breakout variant up to 1.2600/20, 1.2540/60, 1.2400/40.
An alternative for buyers will be above 1.2840 with targets 1.2880/1.2900, 1.2960/80, 1.3020/40
* Range 1,2790/1,2810 support
For short-term sells on condition of formation of topping signals the targets will be 1.2720/40, 1.2660/80 and/or further breakout variant up to 1.2600/20, 1.2540/60, 1.2400/40.
An alternative for buyers will be above 1.2840 with targets 1.2880/1.2900, 1.2960/80, 1.3020/40
EUR/USD - 3 February (AVAFX)
Open 1.2811 Close 1.2841
High 1.2910 Low 1.2707
In January, the sliding of the EUR/USD resumed and the currency couple returns under 1.2900. Last week the currency pair attempt to rise, but progress of the upward progress could not be achieved and as a result, the EUR lowered once again. On the weekly chart, risk of additional decrease remains valid, with targets towards the area of 1.2100. On a daily chart, the currency pair shaped pincers, thus botched to overcome the confrontation at 1.3320, and piercingly dropped, still keeping above 1.2300. On four hour chart of EUR/USD ruined the strapping support in the area of 1.2760, formed a double base, which indicates additional bearish impetus with short-term objectives towards the area of 1.2550. Break under 1.2760 should form decreasing signals. Strengthening above 1.2950 may provoke rise of European currency.
TR levels: 1.2910 1. 3000 1.3120
TS levels: 1.2700 1.2580 1.2465
Trading range: 1.2865 - 1.2805
Trend: Downward
Sell at 1.2855 Stop Loss 1.2885 Target Price 1.2815
GBP/USD - 3 February
Open 1.4200 Close 1.4262
High 1.4534 Low 1.4188
After the considerable upward alteration over the last week, yesterday, British Pound/US Dollar stopped increasing. The currency pair made a high at 1.4485, hit the 1.4050 low, and closed at 1.4262. Later in the day, the Cable had a very unstable market, forming a widening formation, which seen on the 1-hour chart, doing new highs and lows with no clear path. Currently the British Pound is in a consolidation, and now is maybe improved to wait for a clearer trend direction. At this stage, we should pay concentration to the key emotional level at 1.4050. Smash below this level will cause additional weakening of the GBP/USD. The CCI indicator is in the neutral zone of the daily chart.
TR levels: 1.4400 1.4510 1.4625
TS levels: 1.4050 1.3890 1.3775
Trading range: 1.4265 - 1.4190
Trend: Downward
Sell at 1.4252 Stop Loss 1.4282 Target Price 1.4202
Open 1.2811 Close 1.2841
High 1.2910 Low 1.2707
In January, the sliding of the EUR/USD resumed and the currency couple returns under 1.2900. Last week the currency pair attempt to rise, but progress of the upward progress could not be achieved and as a result, the EUR lowered once again. On the weekly chart, risk of additional decrease remains valid, with targets towards the area of 1.2100. On a daily chart, the currency pair shaped pincers, thus botched to overcome the confrontation at 1.3320, and piercingly dropped, still keeping above 1.2300. On four hour chart of EUR/USD ruined the strapping support in the area of 1.2760, formed a double base, which indicates additional bearish impetus with short-term objectives towards the area of 1.2550. Break under 1.2760 should form decreasing signals. Strengthening above 1.2950 may provoke rise of European currency.
TR levels: 1.2910 1. 3000 1.3120
TS levels: 1.2700 1.2580 1.2465
Trading range: 1.2865 - 1.2805
Trend: Downward
Sell at 1.2855 Stop Loss 1.2885 Target Price 1.2815
GBP/USD - 3 February
Open 1.4200 Close 1.4262
High 1.4534 Low 1.4188
After the considerable upward alteration over the last week, yesterday, British Pound/US Dollar stopped increasing. The currency pair made a high at 1.4485, hit the 1.4050 low, and closed at 1.4262. Later in the day, the Cable had a very unstable market, forming a widening formation, which seen on the 1-hour chart, doing new highs and lows with no clear path. Currently the British Pound is in a consolidation, and now is maybe improved to wait for a clearer trend direction. At this stage, we should pay concentration to the key emotional level at 1.4050. Smash below this level will cause additional weakening of the GBP/USD. The CCI indicator is in the neutral zone of the daily chart.
TR levels: 1.4400 1.4510 1.4625
TS levels: 1.4050 1.3890 1.3775
Trading range: 1.4265 - 1.4190
Trend: Downward
Sell at 1.4252 Stop Loss 1.4282 Target Price 1.4202
EUR/USD - 4 February
Open 1.3010 Close 1.3041
High 1.3049 Low 1.2804
Yesterday EUR/USD could not carry on the downward faction. The currency pair made a declining attempt, getting a bottom at 1.2804, but additional bearish scenario rejected as the EUR rose to the top 1.3049, and closed at 1.3041. Signals are unbiased for now, but the long-term declining scenario is still applicable. On the 1-hour chart, we motionless have formed a downward channel, and only a break up can be considered as a possible violation of bearish scenario. There is a strong resistance in the area of 1.3050, which is also a double top. Smash above this level may cause a additional alteration towards 1.3180. Immediate support represented by the 1.2805 level, the break of which will lead to further decreasing momentum with goals towards the region of 1.2680. The CCI indicator is in the oversold area and upwards on the daily chart, indicating potential increasing pressure.
TR levels: 1.2910 1. 3000 1.3120
TS levels: 1.2805 1.2680 1.2565
Trading range: 1.3005 - 1.3065
Trend: Upward
Buy at 1.3015 Stop Loss 1.2985 Target Price 1.3055
Open 1.3010 Close 1.3041
High 1.3049 Low 1.2804
Yesterday EUR/USD could not carry on the downward faction. The currency pair made a declining attempt, getting a bottom at 1.2804, but additional bearish scenario rejected as the EUR rose to the top 1.3049, and closed at 1.3041. Signals are unbiased for now, but the long-term declining scenario is still applicable. On the 1-hour chart, we motionless have formed a downward channel, and only a break up can be considered as a possible violation of bearish scenario. There is a strong resistance in the area of 1.3050, which is also a double top. Smash above this level may cause a additional alteration towards 1.3180. Immediate support represented by the 1.2805 level, the break of which will lead to further decreasing momentum with goals towards the region of 1.2680. The CCI indicator is in the oversold area and upwards on the daily chart, indicating potential increasing pressure.
TR levels: 1.2910 1. 3000 1.3120
TS levels: 1.2805 1.2680 1.2565
Trading range: 1.3005 - 1.3065
Trend: Upward
Buy at 1.3015 Stop Loss 1.2985 Target Price 1.3055
* the possibility of pair return to supports or resistance, where it is recommended to evaluate the activity development of both parties according to the charts of shorter time interval(1 hour based on candlestick patterns).
EURUSD:
* Range 1,2870/90 resistance
For sells on condition of formation of topping signals the targets will be 1.2800/20, 1.2760/80 and/or further breakout variant up to 1.2700/20, 1.2620/40, 1.2500/40.
An alternative for buyers will be above 1.2940 with targets 1.2980/1.3000, 1.3040/60, 1.3100/20.
EURUSD:
* Range 1,2870/90 resistance
For sells on condition of formation of topping signals the targets will be 1.2800/20, 1.2760/80 and/or further breakout variant up to 1.2700/20, 1.2620/40, 1.2500/40.
An alternative for buyers will be above 1.2940 with targets 1.2980/1.3000, 1.3040/60, 1.3100/20.
EURUSD today
* Range 1,2810/30 resistance
For short-term sells on condition of formation of topping signals the targets will be 1.2740/60, 1.2680/1.2700 and/or further breakout variant up to 1.2600/20, 1.2480/1.2540, 1.2360/1.2400.
An alternative for sells will be below 1.2940 with targets 1.2980/1.3000, 1.3040/60
* Range 1,2810/30 resistance
For short-term sells on condition of formation of topping signals the targets will be 1.2740/60, 1.2680/1.2700 and/or further breakout variant up to 1.2600/20, 1.2480/1.2540, 1.2360/1.2400.
An alternative for sells will be below 1.2940 with targets 1.2980/1.3000, 1.3040/60
Update for currency couple EUR/USD
Support for the day: - 1.2754(main), where correction is possible. Break would give 1.2736, where correction also may be. Then follows 1.2714. Break of the latter would result in 1.2678. If a strong impulse, we can see 1.2652. Continuation will give 1.2623, 1.2594 and 1.2557.
Resistance for the day: - 1.2883. 1.2916 and 1.2958(main). Break would give 1.2983, where a correction is possible. Then goes 1.3006. Break of the latter would result in 1.3055. If a strong impulse, we can see 1.3077. Continuation will give 1.3094 and 1.3136.
Support for the day: - 1.2754(main), where correction is possible. Break would give 1.2736, where correction also may be. Then follows 1.2714. Break of the latter would result in 1.2678. If a strong impulse, we can see 1.2652. Continuation will give 1.2623, 1.2594 and 1.2557.
Resistance for the day: - 1.2883. 1.2916 and 1.2958(main). Break would give 1.2983, where a correction is possible. Then goes 1.3006. Break of the latter would result in 1.3055. If a strong impulse, we can see 1.3077. Continuation will give 1.3094 and 1.3136.
