The Free Thread

GBP/USD: A clear break and daily closure below 1.2925 would aim the pair to 1.2800.
 
Eur/usd is approaching critical levels, formed since the beginning of 2015. On weekly chart, if it manages to break it, it could reach 1.06.
 
The British pound rose against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.2831, adding 0.11%. I believe that support is now at around 1.2778, the low of Friday's trading, and resistance is likely to be the level of 1.3092 - a maximum of Monday.
 
The US dollar fell against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 111.90, losing 0.46%. I believe that support is now at 111.38, the low of Friday's trading, and resistance is likely at the level of 112.91 - the maximum of Monday.
 
EUR/USD: If the pair manages to break the strong 1.1400 support, the next target will be 1.1360, followed by 1.1300. On the flip side, the next resistance is 1.1495, followed by 1.1600.
 
EUR/USD: Doble top, or double bottom (on M5)? The pair is indessisive right now, between 1.1393 and 1.1415.
 
Good support for gbp/usd - 1.2815. I believe, the pair is going to 1,2840, then to 1,2855 and, edventually, 1,2900 - intraday.
 
GBP/USD: The pair is approaching August low minimums - 1.2660. It could be a deep test of the strong 1.2700 support. If it manages to break it, it would be a sign that the Empire is going back to the panics.
 
GBP/USD: The dollar traded without sharp fluctuations on Friday in anticipation of US labor statistics, moving away from a maximum of 16 months in the course of previous trades, as investors again switched to risky assets. The pound sterling held the advantage after the Bank of England left rates unchanged on Thursday and indicated a possible acceleration of rates in the future if Brexit runs smoothly. The pound sterling fell 0.02 percent to $ 1.2998, but held the bulk of the gains after a rise of 1.8 percent on Thursday, the maximum one-day increase since April 2017.
 
The euro rose against the US dollar on Friday to 1.1426, adding 0.16%. I believe that support is now at around 1.1301, the low of Wednesday, and resistance is likely at the level of 1.1427 - the maximum of today's trading.
 
The US dollar rose against the Japanese yen on Friday. By the close of US trading, USD / JPY was trading at 113,20, adding 0.34%. I believe that support is now at 111.78, the low of Monday's trading, and resistance is likely at the level of 113.39 - the maximum of Wendesday.
 
The British pound fell against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.2969, losing 0.34%. I believe that support is now at around 1.2696, Tuesday’s low, and resistance is likely at 1.3041, Friday's trading high.
 
USD/JPY: Short-term target: 114.47 (seen on H4 and considering the double bottom at 111.65).
 
GBP/USD: The pair attempted to drop last week, reaching bottom at 1.2695, but turned up and then closed higher at 1.2960, and now fights around 1.3000. Trading signals are neutral, but the longer the price remains above 1.2925, the short-term outlook is upward. On the upside, a clear break and daily closing over 1.3000 will clear the road to 1.3125. Downwards, a clear break and daily closure back below 1.2925 will interrupt the upward rally, but only a clear break below 1.2695 will activate my descending model again.
 
The US dollar declined against the Japanese yen during the Asian session on Monday 113.19, losing 0.01%. I believe that support is now at around 112.58, Friday's low, and resistance is likely at the level of 113.39, the maximum of Wednesday.
 
The euro rose against the US dollar on Monday. By the close of US trading, EUR / USD was trading at 1.1412, adding 0.20%. I believe that support is now at around 1.1301, the low of Wednesday, and resistance is likely at the level of 1.1458 - the maximum of Friday.
 
Top