UMOFX Daily Technical Analysis

UMOFX IB

Junior member
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EUR/USD D1

EUR/USD test its resistance yesterday at 1.0370 but get a pull back and dropped up to 140 pips. Pair is expecting to move down first and test its support at 1.2870 level.
Price action on 1.2870 level should be carefully watch. D1 and H4 are showing group of buyers in this zone. So there can be two scenarios.
First, If pair manage to break support level 1.2870 and H4 candle close below 1.2870, then it will indicate bears are dominant and EUR/USD will the rapidly fall towards southward. Secondly, If pair fails to break 1.2870 level and H4 candle close above 1.2870 then this will indicate bullish strength and provide a valid buy entry.
High impact News can affect the trend of EUR/USD. News like PPI m/m, Unemployment Claims.

eurusd-d1-technical-14.gif


GBP/USD D1

Yesterday GBP/USD manage to break its resistance 1.4950 level but positive News of USD change the scenario and take pair towards south. Now daily resistance is at 1.4980 level and support is around 1.4860 level.
Today pair is expecting to test its resistance at 1.4980 level. Price action on this level should be carefully watch. If pair manage to break through resistance then it will allow GBP to move further up. On the other hand. If Cable didn’t manage to break 1.4980 level and H4 candle close below 1.4980 level. It will then change the strength of GBP/USD and pair will start moving towards south and target its support 1.4860 level.
High impact News can affect the movement of GBP/USD. News like PPI m/m, Unemployment Claims.

gbpusd-d1-technical-14.gif


AUD/USD H4

The positive News of Employment Change and Unemployment Rate give boost to Aussies and it targeted up to 75 pips. Currently AUD is testing its resistance at 1.0375 level. If pair manage to break 1.0375 level and H4 candle close above this level then AUD/USD is expecting to move further towards north.
On the contrary, If H4 candle fails to close above resistance level 1.0375. It will indicate bearish strength for the pair and Aussies will then again move towards south and target 1.0300 level.
High impact News can change the scenario. News like PPI m/m, Unemployment Claims.

audusd-d1-technical-14.gif



USD/CHF D1

Yesterday pair test its support 0.9430 but get a pullback due to positive news of USD. Pair still have strength to move upward and target 0.9555 level. If pair manage to break this level then it will allow pair to move up and target 0.9590-95. W1 is showing resistance at 0.9590 level.
So, price action on 0.9590 level is important to watch. If pair manage to break resistance then it will further move towards north and continue its uppish trend. On the other hand. If pair didn’t manage to break resistance and H4 candle close below 0.9590 level then we are expecting USD/CHF to start moving towards south and target 0.9400 level.
High impact News can affect the move of USD/CHF. News like PPI m/m, Unemployment Claims.

usdchf-d1-technical-14.gif
 

UMOFX IB

Junior member
45 0
EUR/USD H4

Yesterday in late session EUR/USD got a good support from 1.2910 level and target up to +125 pips. We are expecting pair to continue its uppish trend and target 1.0370 level. Bollinger bands are also providing buy signals for the pair.
If pair manage to hold 1.2950 level today and H4 candle close above 1.2950 level, then pair will go up and test 1.3070 level. Price action on 1.0370 should be handle carefully. Break of 1.0370 level will provide more strength to EUR/USD and pair will then further move upward.
High impact New can affect EUR/USD. News like Core CPI m/m, Prelim UoM Consumer Sentiment.
eurusd-h4-technical-15.gif


GBP/USD D1

Cable is in bullish mood. But D1 and H4 is showing overbought of GBP so there can be retracement. The gap of 1.5250 is still not cover. The pair is expecting to cover this gap in next week. So Price action on 1.4950 level should be watch.
If pair hold this level and H4 candle close above 1.4950 level then it will provide valid buy entry. On the other hand, break of 1.4950 level will allow pair to move downward and target 1.4900-4860 respectively.
High impact New can affect the movement of GBP/USD. News like Core CPI m/m, Prelim UoM Consumer Sentiment.
gbpusd-d1-technical-151.gif


AUD/USD H4

Yesterday Aussies manage to break its resistance but didn’t manage to overcome its physical level 1.0400 . Now H4 is showing resistance at 1.0400 level. Today AUD/USD is in bearish strength. pair is likely to first go down and test its support at 1.0330 level.
Price action on 1.0330 should be carefully watch. If pair manage to break through this level and H4 candle close below 1.0330 then pair will continue its downward trend. On the Contrary, If pair fails to break support level and H4 candle close above 1.0330 level the it will indicate pair got bullish potential and AUD will then again move towards north and test 1.0400 level.
High impact New can affect the Trend of AUD/USD. News like Core CPI m/m, Prelim UoM Consumer Sentiment.
audusd-d1-technical-152.gif



USD/CHF H4

Yesterday USD/CHF got a pull back from 0.9570 level and dropped up to +120 pips. Pair is likely to continue its bearish trend and test its support at 0.9385 level. If pair mange to break this level and H4 candle close below 10.9385 level then it will indicate pair got more bearish strength and USD/CHF will then further move towards south.
On the contrary, Price action on 0.9385 level should be watch. If Pair manage to hold this level and give a day closure above 0.9400 level then pair will again start moving towards north and target 0.9600 level.
High impact Data’s can change the scenario. Data’s like Core CPI m/m, Prelim UoM Consumer Sentiment.
usdchf-h4-technical-15.gif
 

UMOFX IB

Junior member
45 0
EUR/USD H4

EUR/USD open with a large gap, which is indicating pair is under pressure. Today’s support is at 1.2870 level. Price action on this level should be carefully watch. If pair manage to break this level and H4 candle close below it, then it will provide bearish potential to EUR and EUR/USD will then rapidly move to southward to test its ext support 1.2800 level.
On the contrary. If pair manage to hold 1.2870 level and H4 candle close above 1.2870 then we are excepting pair to have bullish strength and move upward and target 1.3070-3100.
eurusd-h4-technical-18.gif


GBP/USD H4

GBP/USD is in bullish mood today. We are expecting pair to keep moving towards north and test its resistance at 1.5171 level. Price action on 1.5170 level should be carefully watch, if pair manage to break this level and H4 candle close above 1.5170 then it will take GBP further upward and target 1.5200-50 respectively.
The scenario will be change, if GBP/USD breakthrough 1.5050 level and H4 candle close below this level. It will then give bearish strength to cable and pair will rapidly fall towards south.
gbpusd-h4-technical-18.gif


AUD/USD H4

AUD/USD is in bearish mood today, pair is likely to test its support at 1.0330 level. Bollinger bands are also providing sell signals for the pair. If pair manage to break through this level and H4 candle close below 1.0330 level then it will allow Aussies to move further southward.
On the other hand, if AUD/USD manage to hold its support level and H4 candle close above 1.0330 then pair is expecting to again move northward and target 1.0400-25 level.
High impact Data of AUD can change the scenario. Data like Monetary Policy Meeting Minutes.
audusd-h4-technical-18.gif



USD/CHF H4

USD/CHF is under pressure. On Friday pair didn’t manage to give a closure above 0.9385 level. So now pair is expecting to move southward and again test its support 0.9485 level. Price action on 0.9385 should be handle carefully. If USD/CHF break this support and H4 candle close below 0.9385. It will then open gate towards south and pair is likely to dropped and target next support level at 0.9330.
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be-positive

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Mods. this is a farce ------ how can this thread already have (***** stars) after just two posts ??? ( now 4 after the lighting struck and myself (lol)
 
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UMOFX IB

Junior member
45 0
EUR/USD H4

EUR/USD is in bullish strength today. Pair is likely to test its daily resistance at 1.2960 level. If pair mange to break its resistance and H4 candle close above this level then EUR/USD will further move up and target 1.3000 level.
On the other hand, If pair fails to break 1.2960 level and give a day closing below this level, it will then indicate EUR/USD got bearish strength and pair will then dropped towards south and target its support at 1.2900-2880 level.
eurusd-h4-technial-19.gif


GBP/USD H4

Cable is currently testing its resistance at 1.5140 level. Price action on this level should be carefully watch. If GBP/USD manage to break through this level, it will then allow pair to further move towards north and target 1.5170-95 respectively.
The scenario can be change, If GBP/USD break its support of 1.5068 level. Break of this level will open gate towards south and pair will rapidly fall towards 1.5000 level.
gbpusd-h4-technial-19.gif


AUD/USD H4

Aussies is trading in a range of 1.0400-1.0330 level. We are expecting pair to test its support 1.0330 today. Bollinger bands are also showing sell signals for the pair. Price action on this level should be carefully watch. If pair manage to break this level and H4 candle close below 1.0330 level then, it will indicate pair got more bearish strength and AUD/USD will then further target towards southward.
On the contrary, If pair fails to break 1.0330 level and H4 candle close above 1.0330 level then pair will have bullish potential and it will take AUD upward and target 1.0400 level.
audusd-h4-technial-19.gif



USD/CHF H4

USD/CHF is expecting to first go down and test its support at 0.9385 level. Bollinger bands are also providing sell signals for the pair. If USD/CHF break its support level and give a day closure below 0.9385 level. It will then show pair got bearish strength and USD/CHF is then likely to move further towards southward. But if pair manage to hold this support level and give a day closure above 0.9385 level the we are expecting pair to continue its uppish trend and target 0.9515 and 0.9565 level respectively.
usdchf-h4-technial-19.gif
 

UMOFX IB

Junior member
45 0
EUR/USD D1

The outlook for the EUR/USD is bearish. Pair is likely to test its support at 1.2799 level. Bollinger bands are not providing clear signals for the pair. Yesterday EUR dropped around 140 pips in late session, which is indicating pair is now under pressure .
There can be two scenario now. First EUR/USD go towards south and test its support at 1.2799 level and get a good support and move further towards northward. This scenario will be done, If pair manage to hold its support level and H4 candle close above support level.
On the other hand, If EUR/USD manage to break through its support level and H4 candle close below this level. This will then indicate more bearish pressure on EUR/USD and pair will further fall towards south.
High impact News of USD can change the scenario. News like FOMC Economic Projections, FOMC Statemen, FOMC Press Conference.
eurusd-d1-technial-20.gif


GBP/USD H4

GBP/USD is trading in a short range of 1.5068-1.5140 level. Break of any level will clear the trend for cable. We are expecting pair to hold its support 1.5068 level and continue its uppish trend. If pair manage to break 1.5140 level it will then allow GBP/USD to move further upward and target 1.5170-95 level respectively.
The whole scenario can be vanished, if pair break through its support 1.5068 level. It will indicate strong bearish strength and pair will likely to fall rapidly towards 1.5000 level.
High impact Data’s can affect the movement of GBP/USD. Data’s like Claimant Count Change, MPC Meeting Minutes, Annual Budget Release, FOMC Economic Projections, FOMC Statemen, FOMC Press Conference.
gbpusd-d1-technial-20.gif


AUD/USD D1

Yesterday Aussies got bearish strength and target 50.0 % Fibonacci but pair manage to give a day closing above 50.0 % Fibonacci. So, we are expecting pair to have bullish strength and target 61.8 % Fibonacci today which is at 1.0415 level. If AUD/USD manage to break 1.0415 level and H4 candle close above it, then pair will further move towards north and target 1.0450-75 level respectively.
On the contrary, if AUD/USD fails to close above 1.0400 level, it will then change the scenario and pair will start bearish trend and target 38.2% Fibonacci level.
High impact News can affect the trend of pair. News like FOMC Economic Projections, FOMC Statemen, FOMC Press Conference.
audusd-d1-technial-20.gif



USD/CHF H4

USD/CHF is in bullish strength and is likely to test its resistance at 0.9515 level. Bollinger bands are also providing buy signals for the pair. Price action on 0.9515 level should be handle carefully. If USD/CHF break through 0.9515 level and H4 candle close above it then pair will further move towards north.
On the contrary, If pair didn’t manage to break 0.9515 level and H4 candle close below 0.9515 level, it will then indicate bears take charge an USD/CHF will then start moving towards south.
High impact News can affect the pair. News like FOMC Economic Projections, FOMC Statemen, FOMC Press Conference.
usdchf-h4-technial-20.gif
 

UMOFX IB

Junior member
45 0
EUR/USD D1

Under 1.3000 level EUR/USD remain under pressure. We are expecting pair to move south and target its strong support at 1.2799 level. But price action on 1.3000 level should be carefully watch. A trendine is also held there. So if price reached to 1.3000 level and H4 candle close below 1.3000 level that it will provide pair bearish strength and pair will then move towards south. On the contrary, breakthrough of trend line will take EUR further upward and target 1.3070 level.
High impact Data’s can change the scenario of EUR/USD. Data’s like French Flash Manufacturing PMI, German Flash Manufacturing PMI, Unemployment Claims, Existing Home Sales, Philly Fed Manufacturing Index.
eurusd-d1-technical-21.gif


GBP/USD D1

Yesterday Cable mange to break its support 1.5068 level and dropped upto 48 pips rapidly. Then pair got support from 1.5022 level and start moving upward in New York session and target its resistance at 1.5170 level. Today resistance is at 1.5195 level and support is at 1.5022 level. We are expecting pair to move first upward and test its resistance and then dropped towards south. So price action on 1.5195 should be carefully handle.
If GBP/USD manage to break this level and H4 candle close above 1.5195 level then it will indicate bullish strength and pair will then move further upward and target 1.5230-50 level and Gap will also be covered then.
But this scenario can be vanished, if pair fails to break its resistance and H4 candle close below 1.5195 level. GBP/USD will then rapidly fall towards its support level.
High impact News can affect the movement of GBP/USD. News like Retail Sales m/m, Unemployment Claims, Existing Home Sales, Philly Fed Manufacturing Index.
gbpusd-d1-technical-21.gif


AUD/USD D1

Yesterday Aussies move up in late session and target 1.0400 level but didn’t manage to overcome physical level. So now pair is trading at 1.0365 level and pair is expecting to further move down and target 1.0330 level which is daily support.
Price action on this level should be watch. If pair manage to hold 1.0330 level and get bounces on this level that will indicate bullish strength and pair will start moving upward. On the other hand, break of 1.0330 level will allow AUD/USD to dropped further southward and target 1.0290 level.
High impact News of USD can affect the trend of AUD/USD. News like Unemployment Claims, Existing Home Sales, Philly Fed Manufacturing Index.
High impact News can affect the trend of pair. News like FOMC Economic Projections, FOMC Statemen, FOMC Press Conference.
audusd-d1-technical-21.gif



USD/CHF D1

USD/CHF is trading in a range of 0.9515-0.9385 level. Break of any level will clear the trend of pair. USD/CHF is expecting to move southward today and test its support at 0.9385 level. If pair manage to break this level and H4 candle close below 0.9385 level that will indicate more bearish strength for pair and USD/CHF will continue its bearish trend. But if pair hold its support level and H4 candle close above 0.9385 level, this will provide a valid buy entry for USD/CHF.
High impact News can affect the pair. News like Unemployment Claims, Existing Home Sales, Philly Fed Manufacturing Index.
usdchf-d1-technical-21.gif
 

UMOFX IB

Junior member
45 0
GBP/USD H4

In London Session cable got bullish and target 1.5250 level and the gap is also cover today. Now 1.5255 is resistance, pair got a strong pull back from this point. GBP/USD is expected to move down and test its support at 1.5140 level.
If GBP/USD break its support and H4 candle close below this level, then Aussies will further move towards southward. On the other hand, If pair manage to hold 1.5140 level and H4 candle close above it, then it will indicate GBP/USD still have some bullish strength and GBP/USD will then again move up and target 1.5255-300 level.
High impact News can affect the trend of pair. News like Fed Chairman Bernanke Speaks.
gbpusd-d1-technical-25.gif


AUD/USD D1

Aussies in is in bullish potential and currently it is testing its resistance around 1.0480-90 level. Price action on this level should be carefully handle. If Aussies manage to break this level and H4 candle close above 1.0490 level then we are expecting pair to further move upward. On the contrary, If pair fails to break resistance and give day closing below 1.0490 level then AUD/USD will fall towards south.
High impact News can affect the movement of pair. News like Fed Chairman Bernanke Speaks.
audusd-d1-technical-251.gif



USD/CHF D1

USD/CHF got a strong support from 0.9380 level and now moving upward to test its resistance at 0.9515 level. If pair manage to break this level and H4 candle close above 0.9515 level then pair is expecting to continue its uppish trend.
This scenario can be vanished, if USD/CHF fails to breakthrough 0.9515 level and give a day closure below resistance then pair will start moving towards southward and again target 0.9380 level.
High impact Data of USD can affect the move of USD/CHF. Data like Fed Chairman Bernanke Speaks.
usdchf-d1-technical-25.gif
 

UMOFX IB

Junior member
45 0
EUR/USD D1

EUR/USD is trading in a range of 1.2799-1.3070 level. Break of any level will clear the trend. Bollinger bands are providing buy signals for the pair. If EUR/USD manage to hold its key level of 1.2799 level then it has the potential to continue its northward trend.
On the contrary, Price action on 1.2799 level should be carefully watch. Break of this level will open gates towards south and pair is expecting to dropped rapidly and target 1.2730-00 level respectively.
High impact News of USD can affect the movement of pair. News like Core Durable Goods Orders m/m, CB Consumer Confidence, New Home Sales.
eurusd-d1-technical-26.gif


GBP/USD D1

The outlook for the cable is bullish for today. Pair will go up and test its resistance at 1.5255 level. If GBP/USD manage t o break this level and H4 candle close above 1.5255, it will indicate bulls are ready to take pair further upward.
This scenario can be vanished, If GBP/USD didn’t manage to hold its support 1.5140 level and H4 candle close below this level then it will show GBP got bearish potential and GBP/USD will then target southward.
High impact Data’s can affect the move of GBP/USD. Data’s like Core Durable Goods Orders m/m, CB Consumer Confidence, New Home Sales.
gbpusd-d1-technical-26.gif


AUD/USD D1

Aussies is in bullish mood today. It will test resistance at 1.0493 level. Bollinger bands are also providing buy signals for the pair. Price action on 1.0493 level should be carefully watch.
If AUD/USD manage to break through this level and give a day closure above this level, then pair is expecting to continue its uppish trend.
On the other hand, if AUD fails to give a daily closure above 1.0493 level then it will indicate pair have bearish strength and AUD/USD will then start moving southward and target 1.0400 level.
High impact News can affect the trend of pair. News like Core Durable Goods Orders m/m, CB Consumer Confidence, New Home Sales.
audusd-d1-technical-26.gif



USD/CHF H4

USD/CHF is currently testing its resistance at 0.9515-20 level. Price action on this level should be carefully handle, If pair break this level and H4 candle close above 0.9520 level, then it will provide USD/CHF more strength and pair will continue its bullish trend.
On the other hand. If USD/CHF fails to overcome its resistance today and H4 candle close below 0.9520 level then pair will start moving towards southward and target 0.9380 level.
High impact News of USD can affect USD/CHF. News like Core Durable Goods Orders m/m, CB Consumer Confidence, New Home Sales.
usdchf-d1-technical-26.gif
 

UMOFX IB

Junior member
45 0
EUR/USD D1

EUR/USD break its support of 1.2799 and dropped rapidly 50 pips. Now pair is targeting next support at 1.2733 level. Bollinger bands start tighten due to oversold of pair. So price action on support level should be carefully watch.
If EUR manage to hold 1.2733 level and H4 candle close above this level then we are expecting pair to get a bounce from support and target 1.2880 level. On the contrary, If pair fails to hold its support and H4 candle close below 1.2733 level then pair will show more bearish potential and EUR/USD will further fall towards 1.2690-50 level respectively.
High impact News can affect the movement of EUR/USD. News like Pending Home Sales m/m.
eurusd-d1-iko-forex-limited.png


GBP/USD H4

Cable is in bearish mood. GBP/USD break its support 1.5140 level and dropped towards south. Now pair is expecting to target its next support at 1.5065 level. If GBP/USD manage to break its support level and give a day closure below this level then it will open gate towards southward and pair will target 1.5020 level.
The scenario can be change, If GBP hold its support 1.5065 level and give a day closure above 1.5100 level. Then pair will move upward and target 1.5175-80 resistance level.
High impact Data’s can affect the move of GBP/USD. Data’s like Pending Home Sales m/m.
gbpusd-h4-iko-forex-limited.png


AUD/USD D1

Aussies didn’t manage to overcome its resistance 1.0493 level and dropped upto 57 pips. Now we are expecting pair to continue its bearish trend and test its support at 1.0390 level. Bollinger bands are also showing sell signals for the pair.
Price action on 1.0390 level should be watch carefully. If AUD/USD manage to break its support and give a day closure below this level then it will indicate pair got more bearish strength, which will take pair further towards southward.
High impact News can affect the trend of AUD/USD. News like Pending Home Sales m/m.
audusd-d1-iko-forex-limited.png



USD/CHF D1

The outlook for the pair is bullish. USD/CHF break its resistance 0.9520 level and now it will test its weekly resistance at 0.9591 level. Price action on this level should be carefully watch. W1 is showing group of sellers in this zone. If pair get a pull back from its resistance and give a day closure below 0.9590 level. Then it will shows bears are taking charge and then it will take pair towards south.
High impact Data of USD can affect USD/CHF. Data like Pending Home Sales m/m.
usdchf-h4-iko-forex-limited.png
 

UMOFX IB

Junior member
45 0
EUR/USD H4

The outlook for the EUR/USD is bearish. But pair is expecting to first go up and test its resistance at 1.2836 level. If EUR/USD fails to break 1.2836 level and H4 candle close below this level then pair will start moving downward and target its support at 1.2750 level. This scenario can be vanished, If pair breakthrough its resistance and H4 candle close above 1.2836 level then pair will go up and target 1.2880 level.
High impact News can affect the trend of EUR/USD. News like Unemployment Claims.
eurusd-h4-iko-forex-limited.png


GBP/USD H4

GBP/USD will test its resistance at 1.5177 level today. Pair can get a pull back from this zone, If pair didn’t manage to break its resistance 1.5177 level and H4 candle close below this level. It will then indicate Cable is in bearish strength and pair will then fall towards south.
On the other hand. If GBP/USD break its resistance and H4 candle close above 1.5177 level then pair will continue bullish trend and target 1.5255 level.
high impact Data can affect the movement of GBP/USD. Data like Unemployment Claims.
gbpusd-h4-iko-forex-limited.png


AUD/USD H4

Aussies is currently trading at 1.0427 level. We are expecting pair to continue its bearish trend and test its support at 1.0390 level. Price action on this level should be carefully watch. As rate is at last Bollinger so trend for the pair is not so clear.
But if AUD/USD manage to break 1.0390 level and H4 candle close below it, then pair will further move towards 1.0360-45 level respectively. On the contrary, If AUD hold its support 1.0390 level and H4 candle close above support level, then pair will have bullish strength which will take pair northward and target resistance at 1.0493 level.
High impact News can change the scenario. News like Unemployment Claims.
audusd-h4-iko-forex-limited.png



USD/CHF H4

USD/CHF is testing its support at 0.9520 level. Price action on this level is important to watch. If pair manage to give a closure of H4 candle below this point, then pair is expecting to continue its bearish trend.
The scenario can be change, if USD/CHF hold this support level and H4 candle close above 0.9520 level. It will then allow pair to further move upward.
High impact Data of USD can affect the pair. Data like Unemployment Claims.
usdchf-h4-iko-forex-limited.png
 

UMOFX IB

Junior member
45 0
EUR/USD D1

EUR/USD have now support at 1.2750 level. If pair hold this level then EUR/USD is expecting to target 1.2870 level today. Price action on 1.2870 level should be watch. If pair manage to break this level and H4 candle close above 1.2870 level then, it will allow EUR to continue its uppish trend and target 1.2930 level.
On the contrary. If pair didn’t manage to hold its support 1.2750 level then EUR/USD will dropped rapidly towards south and that will indicate pair is in under pressure and pair will then target 100-150 pips towards south.
eurusd-d1-iko-forex-limited.png


GBP/USD D1

Cable is expected to target 1.5260 level today. Bollinger bands are showing buy signals for the pair. At 1.5260 level, price action should be handle carefully. If pair break this level then it will move further upward and target 1.5300 level.
This scenario can be vanished. If Cable didn’t manage to break its resistance and H4 candle close below 1.5260 level. It will then indicate pair got bearish strength and GBP/USD will dropped towards south.
gbpusd-d1-iko-forex-limited.png


AUD/USD H4

Yesterday in late session Aussies targeted its support at 1.0390 level but didn’t manage to break this level. Now pair is expecting to move up and test its resistance at 1.0454 level. Bollinger bands are also providing buy signals for the pair.
There can be two scenario. First, if AUD/USD manage to break its resistance today and H4 candle close above resistance level, it will then indicate pair got move bullish strength that will take AUD further upward and target 1.0493 level.
Secondly, If pair fails to break its resistance and H4 candle close below 1.0454 level then pair will start moving toward south and target its support at 1.0390 level again.
audusd-h4-iko-forex-limited.png
 

UMOFX IB

Junior member
45 0
EUR/USD D1

The trend for the pair is not clear yet because rate is at last Bollinger band. Today’s support is at 1.2750 level. EUR/USD is expected to face this level again. So we should watch price action on this level. If pair manage to breakthrough this level and give a day closing below 1.2750 level that will indicate pair is under pressure. On the other hand, If pair hold its support then it will take EUR/USD towards north and target its resistance at 1.2880 level.
High impact News of USD can affect the movement of EUR/USD. News like ISM Manufacturing PMI.
eurusd-d1-iko-forex-limited.png


GBP/USD D1

The outlook for the pair is bearish for today. Pair is likely to test its support at 1.5080 level. Price action on this level should be handle carefully. Breakthrough 1.5080 level will allow pair to further dropped towards south and target 1.5020 level.
If GBP/USD manage to hold its support level and H4 candle close above this level then pair will get bullish strength and GBP/USD will then move towards northward.
High impact News can affect the move of GBP/USD. News like ISM Manufacturing PMI.
gbpusd-d1-iko-forex-limited.png


AUD/USD D1

Aussies is in bearish strength today. Pair is likely to test its support at 1.0360 level. Price action on this level should be carefully watch. If AUD/USD manage to break its support level and H4 candle close below this level then pair will continue its downward trend. On the contrary, If pair manage to hold its support 1.0360 and H4 candle close above this level then pair will start moving towards north and target 1.0455 level.
High impact News can change the scenario. News like ISM Manufacturing PMI, Cash Rate, RBA Rate Statement.
audusd-d1-iko-forex-limited.png



USD/CHF D1

USD/CHF is testing its support at 0.9520 level. Price action on this level is important to watch. If pair manage to give a closure of H4 candle below this point, then pair is expecting to continue its bearish trend.
The scenario can be change, if USD/CHF hold this support level and H4 candle close above 0.9520 level. It will then allow pair to further move upward.
High impact Data of USD can affect the pair. Data like Unemployment Claims.
usdchf-d1-iko-forex-limited.png
 

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EUR/USD H4

EUR/USD is currently testing its resistance at 1.2870 level. If pair manage to break this level and H4 candle close above 1.2870 level then pair will further move towards north. The scenario can be change if pair fails to break its resistance and H4 candle close below 1.2870 level then pair is expected to target 1.2800-750 level respectively.
High impact News of EUR can affect the move of pair. News like Italian Manufacturing PMI.
eurusd-h4-iko-forex-limited.png


GBP/USD D1

Cable is currently testing its resistance at 1.5260 level. Price action on this level should be watch carefully. If GBP/USD manage to break its resistance and H4 candle close above 1.5260 level then pair will continue its bullish trend and target 15300-318 level respectively.
On the contrary, If H4 candle close below 1.5260 level, it will then show pair got bearish strength and GBP will then start moving towards south and target 1.5080 level.
High impact New of GBP can affect the movement o GBP/USD. News like Manufacturing PMI.
gbpusd-d1-iko-forex-limited.png


AUD/USD D1

The outlook for the pair is bullish for today. AUD/USD is expected to reached at 1.0493 level which is today’s resistance. Bollinger bands are also providing buy signals for the pair. Price action on 1.0493 level should be watch carefully. Break through resistance will provide more strength to Aussies and pair will then continue its uppish trend.
On the other hand, If pair fails to break 1.0493 level and give a day closure below this level then it will indicate pair got bearish strength, which will take pair southward to target 1.0390 level.
High impact News can affect the trend of AUD/USD. News like Trade Balance.
audusd-d1-iko-forex-limited.png



USD/CHF D1

USD/CHF is in bearish mood today. Pair will test its support at 0.9438 level. If USD/CHF manage to breakthrough this level , it will then allow pair to continue its bearish trend and test its next support at 0.9380 level. But if pair hold 0.9438 level and give a day closing above this level then pair is expected to move up again and target 0.9550 level.
usdchf-d1-iko-forex-limited.png
 
 
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