GIGFX Technical Analysis Report For Majors (Updated Daily) - page 11
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
EUR/USD
As it was expected through yesterday analysis, the pair declined breaking the support level 1.4770 to continue declining till reached the level 1.4660 which represents the target of exiting out of the confusion area, the bearish positions is still dominating the pair's dealings as the pair succeeded to break the level 1.4660 registering the lowest price at 1.4510, this strong bearish direction for the European common currency has been supported by holding the interest rate at 1.25% so it is expected that, with breaking the level 1.4510 the pair may continue declining till reach the level 1.4342 which represents 76.4% of Fibonacci's correction level for the bullish direction (from 1.4157 to 1.4940).
The stability of these expectations requires the stability of the resistance level 1.4710.
Res: 1.4789 1.5038 1.5178
Pivot: 1.4649
Sup: 1.4400 1.4260 1.4011
GBP/ USD
As it is noticed through this chart, the pair succeeded to break the neckline of the head and shoulders pattern registering the lowest price of yesterday dealings at the level 1.6357; it is expected for the upcoming trades that the pair may decline targeting the level 1.6166 which represents the target of the pattern but under the condition of breaking the level 1.6357 and also the support level 1.6320 which represents 76.4% of fibonacci's correction level for the bullish move (from 1.6166 to 1.6743).
The stability of these expectations requires the stability of the resistance level 1.6450.
Res: 1.6501 1.6614 1.6686
Pivot: 1.6429
Sup: 1.6316 1.6244 1.6131
USD/CHF
As the pair registered new record at the level 0.8554 the day before yesterday while moving in the same bearish channel for short and medium-term, but the pair gave a sign of an upcoming bullish direction by forming the hammer candle so as it was mentioned through yesterday analysis that the pair succeeded to exit this bearish channel at the resistance level 0.8678 which represents the top border of the channel so it is expected that the pair may rise targeting the resistance level 0.8765 and if it was able to break it with stability above it may continue rising targeting the resistance level 0.8853.
The stability of these expectations requires the stability of the pair below the resistance level 0.8707.
Res: 0.8759 0.8814 0.8916
Pivot: 0.8657
Sup: 0.8602 0.8500 0.8445
USD/CAD
As mentioned yesterday, that the pair broke the top border for the sideway channel and reached the targeted prices which was mentioned before but the pair was unable to be stabile above the resistance level 0.9685 therefore it's expected that the pair will continue the correction and rising direction to retest the resistance level 0.9685 and the stability above this level which gives the pair the chance to continue reaching the resistance level 0.9710 which represents 50.0% Fibonacci retracement correction level with breaking this level and the stability above it which makes the pair continue rising till the resistance level 0.9771 which represents 61.6% the same mentioned Fibonacci retracement correction level.
This expectation depends on the stability of the pair above the support level 0.9649.
Res: 0.9729 0.9792 0.8916
Pivot: 0.9648
Sup: 0.9585 0.9504 0.9441
AUD/USD
The AUD/USD pair was able to break the bullish channel bottom line during the past trades to trade under the expected support level 1.0770 and 23.6% correction level for the bullish move from 0.9706 to 1.1011, approaching 38.2% correction level as was expected, in case the pair tends to continue the bearish direction it's expected to reach 50% correction level around 1.0513 price, which depends on the stability of 1.0770 level, but in case the pair tends to continue the main bullish movement that will be confirmed by trading above 1.0770 again, it will target the retesting of 1.1011 level which if broke the pair will target 1.1050 level.
Res: 1.0719 1.0861 1.0953
Pivot: 1.0627
Sup: 1.0485 1.0393 1.0251
[ATTACH]8749[/ATTACH]
Clients of GIGFX who has a real account can be able to see FULL Version for all 16 Currencies in member area section.
Let GIGFX Facebook Page Follow you..
https://www.mql5.com/go?link=http://www.facebook.com/pages/GiGFX/119304...=app_7146470109
For Middle East Clients !! Enjoy GIGFX Latest Offer..
A New Addition to Forex World
GIGFX added 3 new currencies to its major currencies basket
Saudi Riyal... Emirates Dirham... Egyptian Pound
https://www.mql5.com/go?link=http://www.gigfx.com/node/406
Trade Forex with your local currency & not only in dollars !!
]FreeImageHosting.net
EUR/USD
The treads of the last week saw more declining for the European common currency against the U.S dollar as the pair declined till reached the level 1.4342 which represents 76.4% of Fibonacci's correction level for the bullish move (From 1.4175 to 1.4940) and this is what was expected through the last analysis. A bottom has been formed at the same mentioned level and pushed the pair upside to form a bearish top for the short-term and it is expected to be around the resistance level 1.4456, this bearish top will force the pair to decline to test the support level 1.4342 which with its breaking down the pair means more declining till reach the next support level at 1.4157.
The stability of these expectations rquires the stability of the resistance level 1.4510.
Res: 1.4510 1.4684 1.4782
Pivot: 1.4412
Sup: 1.4238 1.4140 1.3966
GBP/ USD
During trades of the last week the pair declined breaking down the level 1.6450 forming Gartley harmonic pattern for near and medium-term and now the pair is moving in the range of the last wave CD which targets the support level 1.6280 so it is expected that the pair will continue declining during the intraday levels of today targeting the mentioned support level 1.6280 which represents 76.4% of Fibonacci's correction level for the wave XA.
The stability of these expectations requires the stability of the resistance level 1.6450.
Res: 1.6435 1.6501 1.6542
Pivot: 1.6394
Sup: 1.6328 1.6287 1.6221
USD/CHF
After the pair exited out of the bearish channel it is expected to continue its corrective move and may target the resistance level 0.8837 which represents 38.2% of Fibonacci's correction level for the last bearish wave for the medium-term and if the pair broke this level with stability above it the pair will continue its corrective move and will target the resistance level 0.9823 which represents 50.0% of Fibonacci's correction level for the same mentioned wave.
The stability of these expectations requires the stability of the pair above the support level 0.8729 which represents 23.6% of the same mentioned Fibonacci's levels.
Res: 0.8828 0.8874 0.895
Pivot: 0.8752
Sup: 0.8706 0.863 0.8584
USD/CAD
After getting out the pair from the confined area it's expected that the pair will continue the bullish corrective direction therefore it's expected that the pair will rise and also will target the resistance level 0.9647 which represents 38.2% Fibonacci retracement correction level for the bullish direction and the stability of the pair above this level which will force the pair to continue the corrective direction till reaching the new resistance level 0.9709 which represents 50.0% Fibonacci retracement correction level and the stability of the pair above this level which will force the pair to target the resistance level 0.9771 which represents 61.8% from the same previous mentioned Fibonacci retracement correction levels.
But this depends on closing the pair a good close above the resistance level 0.9647 which represents 38.2% from the same previous mentioned Fibonacci retracement correction levels.
Res: 0.9717 0.9772 0.9845
Pivot: 0.9644
Sup: 0.9589 0.9516 0.9461
AUD/USD
The AUD/USD pair was able to break the bullish channel bottom line during the past trades to trade under the expected support level 1.0770 and 23.6% correction level for the bullish move from 0.9706 to 1.1011, approaching 38.2% correction level as was expected to reflect up from this level retesting 1.0770 level currently, in case the pair tends to continue the bearish direction it's expected to reach 50% correction level around 1.0513 price, which depends on the stability of 1.0770 level, but in case the pair tends to continue the main bullish movement that will be confirmed by trading above 1.0770 again, it will target the retesting of 1.1011 level which if broke the pair will target 1.1050 level.
Res: 1.0981 1.1001 1.1203
Pivot: 1.0779
Sup: 1.0759 1.0557 1.0537
[ATTACH]8766[/ATTACH]
Clients of GIGFX who has a real account can be able to see FULL Version for all 16 Currencies in member area section.
Let GIGFX Facebook Page Follow you..
https://www.mql5.com/go?link=http://www.facebook.com/pages/GiGFX/119304...=app_7146470109
For Middle East Clients !! Enjoy GIGFX Latest Offer..
A New Addition to Forex World
GIGFX added 3 new currencies to its major currencies basket
Saudi Riyal... Emirates Dirham... Egyptian Pound
https://www.mql5.com/go?link=http://www.gigfx.com/node/406
Trade Forex with your local currency & not only in dollars !!
]FreeImageHosting.net
EUR/USD
The 17 nation currency dropped against the U.S dollar as yesterday trades saw breaking the support level 1.4342 which represents 76.4% of Fibonacci's correction level for the bullish move (from 1.4157 to 1.4940) to register the lowest price of these trades at the level 1.4255, a bottom has been formed at this level and pushed the pair to re-test the nearest resistance level, one of them is the level 1.4375 which pushed the pair again targeting the support level 1.4255, more declining is expected for the pair targeting the level 1.4157 but under the condition of breaking the support level 1.4255.
The stability of these expectations requires the stability of the resistance level 1.4375.
Res: 1.4452 1.4540 1.4639
Pivot: 1.4353
Sup: 1.4265 1.4166 1.4078
GBP/ USD
As it was expected through yesterday analysis, the pair succeeded to reach the target of the harmonic pattern Gartley by testing the support level 1.6280 and forming a reversal candle just when it touched this level and reflected upside expecting that the pair may try to re-test the resistance level 1.6450 which represents the point B for the formed pattern during today's intraday trades before continue declining again targeting the support level 1.6280.
The stability of these expectations requires the stability of the resistance level 1.6450.
Res: 1.6449 1.6496 1.6586
Pivot: 1.6359
Sup: 1.6312 1.6222 1.6175
USD/CHF
After the pair broke out of the bearish channel it is expected to continue the corrective bullish direction and will target the resistance level 0.8801 again and this level is the first target that the pair achieved after breaking out of this channel so if the pair broke this level it will target a new resistance level at 0.8938, but under the condition of the stability of the pair above the resistance level 0.8801.
Res: 0.8766 0.8816 0.8845
Pivot: 0.8737
Sup: 0.8687 0.8658 0.8608
USD/CAD
After getting out the pair from the confined area it's expected that the pair will continue the bullish corrective direction therefore it's expected that the pair will rise and also will target the resistance level 0.9647 which represents 38.2% Fibonacci retracement correction level for the bullish direction and although yesterday's pair trying to break this level but it wasn't able to be stabile above it but the pair stability above this level which will force the pair to continue the corrective direction till reaching the new resistance level 0.9709 which represents 50.0% Fibonacci retracement correction level and the stability of the pair above this level which will force the pair to target the resistance level 0.9771 which represents 61.8% from the same previous mentioned Fibonacci retracement correction levels.
But this depends on closing the pair a good close above the resistance level 0.9647 which represents 38.2% from the same previous mentioned Fibonacci retracement correction levels.
Res: 0.9672 0.9729 0.9764
Pivot: 0.9637
Sup: 0.9580 0.9545 0.9488
AUD/USD
The AUD/USD pair was able to trade under the expected support level 1.0770 and 23.6% correction level for the bullish move from 0.9706 to 1.1011, approaching 38.2% correction level as was expected to reflect up from this level retesting 1.0770 level currently with facing the moving average (50), in case the pair tends to continue the bearish direction it's expected to reach 50% correction level around 1.0513 price, which depends on the stability of 1.0770 level with the moving average (50), but in case the pair tends to continue the main bullish movement that will be confirmed by trading above 1.0770 again, it will target the retesting of 1.1011 level which if broke the pair will target 1.1050 level.
Res: 1.0844 1.0883 1.0957
Pivot: 1.0770
Sup: 1.0731 1.0657 1.0618
[ATTACH]8831[/ATTACH]
Clients of GIGFX who has a real account can be able to see FULL Version for all 16 Currencies in member area section.
Let GIGFX Facebook Page Follow you..
https://www.mql5.com/go?link=http://www.facebook.com/pages/GiGFX/119304...=app_7146470109
For Middle East Clients !! Enjoy GIGFX Latest Offer..
A New Addition to Forex World
GIGFX added 3 new currencies to its major currencies basket
Saudi Riyal... Emirates Dirham... Egyptian Pound
https://www.mql5.com/go?link=http://www.gigfx.com/node/406
Trade Forex with your local currency & not only in dollars !!
]FreeImageHosting.net
EUR/USD
Yesterday trades saw rising the pair for the second straight day using the formed bottom at the support level 1.4255, this rising is a strong sign of beginning forming a corrective bullish direction for the bearish direction which started from 1.4939, during the last intraday trades the pair was trying to break the level 1.4416 which represents 23.6% of Fibonacci's correction level for the bearish move (From 1.4939 to 1.4255), breaking this level means more rising for the pair targeting the level 1.4516 which represents 38.2% of the same Fibonacci's levels for the same bearish move, and what confirms the next rise is trading the pair above the simple moving averages now.
The stability of these expectations requires the stability of the support level 1.4325.
Res: 1.4457 1.4505 1.4599
Pivot: 1.4363
Sup: 1.4315 1.4221 1.4173
GBP/ USD
As it was expected through yesterday’s analysis, the pair succeeded to reach the target of the harmonic pattern Gartley by testing the support level 1.6280 and forming a reversal candle just when it touched this level and reflected upside expecting that the pair may try to re-test the resistance level 1.6450 which represents the point B for the formed pattern during toda's intraday trades before continue declining again targeting the support level 1.6280.
The stability of these expectations requires the stability of the resistance level 1.6450.
Yesterday analysis is still remaining
Res: 1.6417 1.6470 1.6521
Pivot: 1.6366
Sup: 1.6313 1.6262 1.6209
USD/CHF
After the pair broke out of the bearish channel, it is expected to continue the corrective bullish direction and will target the resistance level 0.8801 again and this level is the first target that the pair achieved after breaking out of this channel and although the pair broke this level but it was not able to be stable above it, so if the pair broke this levelagain, it will target a new resistance level at 0.8938, but under the condition of the stability of the pair above the resistance level 0.8801.
Res: 0.8844 0.8891 0.8959
Pivot: 0.8776
Sup: 0.8729 0.8661 0.8614
USD/CAD
As noticed in the chart; after declining the pair for the medium and short-terms, the pair is trying to correct the direction during the intraday trades whereas the pair is ready to break the resistance level 0.9568 which represents 23.6% Fibonacci retracement correction level; the pair’s ability on breaking this level gives the chance on targeting the resistance level at 0.9646 which represents 38.2% from the same previous mentioned Fibonacci retracement correction levels and the stability above this level will give the pair the chance to target the resistance level 0.9707 which represents 50.0% from the same previous mentioned Fibonacci retracement correction levels
This scenario depends on having the pair a good close above the resistance level 0.9568 which represents 23.6% Fibonacci retracement correction level.
Res: 0.9622 0.9683 0.9713
Pivot: 0.9592
Sup: 0.9531 0.9501 0.9440
AUD/USD
The AUD/USD pair was able to trade above the level 1.0770 and 23.6% correction level for the bullish move from 0.9706 to 1.1011, coinciding with passing up the moving average (50), as the pair has formed the harmonic pattern (AB=CD) that requires the stability of the (C) point at 1.0534 with breaking the (B) point at 1.1011 to achieve the (D) point that represents the pattern expected target, but in case the pair tends to continue the previous falling, it is expected to target 50% correction level around 1.0513 price, which depends on the stability of 1.0770 level with the moving average (50).
Res: 1.0876 1.0917 1.0988
Pivot: 1.0805
Sup: 1.0764 1.0693 1.0652
[ATTACH]8845[/ATTACH]
Clients of GIGFX who has a real account can be able to see FULL Version for all 16 Currencies in member area section.
Let GIGFX Facebook Page Follow you..
https://www.mql5.com/go?link=http://www.facebook.com/pages/GiGFX/119304...=app_7146470109
For Middle East Clients !! Enjoy GIGFX Latest Offer..
A New Addition to Forex World
GIGFX added 3 new currencies to its major currencies basket
Saudi Riyal... Emirates Dirham... Egyptian Pound
https://www.mql5.com/go?link=http://www.gigfx.com/node/406
Trade Forex with your local currency & not only in dollars !!
]FreeImageHosting.net
EUR/USD
The pair is still declining for short and medium-term as it succeeded yesterday to break the level 1.4320 with stability below it during the whole Asian session forming a Flag pattern that continues the bearish direction, so it is expected that the pair will continue declining during today's intraday levels targeting the support level 1.4085 as the first target of the formed pattern followed by the support level 1.3985.
The stability of these expectations requires the stability of the resistance level 1.4320.
Res: 1.4352 1.4513 1.4603
Pivot: 1.4262
Sup: 1.4101 1.4011 1.3850
GBP/ USD
It is noticed through this chart that the pair rose to re-test the neckline of the head and shoulders pattern and formed a top at the testing area, this top forced the pair to decline again supported by rising the U.S dollar against all of its counterparts, it is expected that the pair may continue declining till reaches the target of the pattern at 1.6166 but under the condition of breaking the support level 1.6320.
The stability of these expectations requires the stability of the resistance level 1.6455.
Res: 1.6467 1.6589 1.6662
Pivot: 1.6394
Sup: 1.6272 1.6199 1.6077
USD/CHF
After the pair broke out the bearish channel and broke the resistance level 0.8797, it is expected that the pair will continue rising targeting the resistance level 0.8938 which represents the target of breaking out of the bearish channel and also coincides with testing the bearish trendline for the short-term.
The stability of these expectations requires the stability of the pair below the support level 0.8797.
Res: 0.8913 0.8949 0.9014
Pivot: 0.8848
Sup: 0.8812 0.8747 0.8711
USD/CAD
As noticed in the chart; after declining the pair for the medium and short-terms,the pair tried to correct the bearish directionduring the intraday trades whereas yesterday it broke the resistance level 0.9568 which represents 23.6% Fibonacci retracement correction level and the breaking of this level gives the chance of targeting the resistance level at 0.9646 which represents 38.2% from the same previous Fibonacci retracement correction level and the stability above this level shall lead the pair to target the resistance level 0.9707 which represents 50.0% Fibonacci retracement correction level then the resistance level 0.9770 which represents 68.8%.
This expectation depends on closing the pair a good close above the resistance level 0.9646 which represents 38.2% Fibonacci retracement correction level.
Res: 0.9665 0.9713 0.9790
Pivot: 0.9588
Sup: 0.9540 0.9463 0.9415
AUD/USD
The AUD/USD pair was able to form a bearish top during the previous short trades to push the pair down trading around 1.0580 forming (1.2.3) bearish pattern that suppose to target 1.0415 level after the pair pass down 1.0580 level, but in case this level held as a support level during the upcoming intraday trades; the pair may rise again to retest 1.0888 level.
Res: 1.0835 1.0973 1.1059
Pivot: 1.0749
Sup: 1.0611 1.0525 1.0387
[ATTACH]8851[/ATTACH]
Clients of GIGFX who has a real account can be able to see FULL Version for all 16 Currencies in member area section.
Let GIGFX Facebook Page Follow you..
https://www.mql5.com/go?link=http://www.facebook.com/pages/GiGFX/119304...=app_7146470109
For Middle East Clients !! Enjoy GIGFX Latest Offer..
A New Addition to Forex World
GIGFX added 3 new currencies to its major currencies basket
Saudi Riyal... Emirates Dirham... Egyptian Pound
https://www.mql5.com/go?link=http://www.gigfx.com/node/406
Trade Forex with your local currency & not only in dollars !!
http://www.freeimagehosting.net/]
EUR/USD
The support level 1.4185 succeeded to stop declining the pair during the trades of the Asian session forming Gartley harmonic pattern and now the price is moving in the range of the last wave which targets the resistance level 1.4350 which coincides with 76.4% of Fibonacci's correction level for the wave XA so it is expected that the pair will rise during the intraday levels of today targeting this level then it will reflect testing the bullish trendline AC for the intraday levels.
The stability of these expectations requires the stability of the support level 1.4185.
Res: 1.4303 1.4361 1.4447
Pivot: 1.4217
Sup: 1.4159 1.4073 1.4015
GBP/ USD
The bearish direction is still dominating the trades of the pair for near and medium-term as yesterday trades saw more declining achieving the lowest price at the support level 1.6235 at which a bottom has been formed and the trades are still above it so it is expected that the pair will continue rising during today's trades targeting the level 1.6360 but if the pair succeeded to break down the support level 1.6235, the pair will continue declining till reach the level 1.6166 which represents the target of the head and shoulders pattern.
Res: 1.6368 1.6447 1.6514
Pivot: 1.6301
Sup: 1.6222 1.6155 1.6076
USD/CHF
As it is noticed through this chart the pair formed a bullish wedge reversal pattern so it is expected that the pair will decline during the intraday trades of today specially after breaking the support level 0.8841 which represents the bottom border of the wedge, to target the level 0.8779 and if the pair succeeded to be stable below it, it will target the support level 0.8712.
The stability of these expectations requires the stability of the resistance level 0.8841.
Res: 0.8766 0.8797 0.8835
Pivot: 0.8728
Sup: 0.8697 0.8659 0.8628
USD/CAD
After trying the pair yesterday to reach the targeted price at 0.9707 which represents 50.0% Fibonacci retracement correction level but it wasn't able to be stabile near it, therefore it’s expected during the intraday trades that the pair will target this level again but the pair must break then stabile above the resistance level 0.9646 which represents 38.2% Fibonacci retracement correction level and reaching the pair the resistance level 0.9707 which represents 50.0% Fibonacci retracement correction level and the stability above it which gives the pair a chance to reach the resistance level 0.9770 which represents 61.8%Fibonacci retracement correction level
This expectation depends on the stability of the resistance level 0.9646 which represents 38.2%from the same previous mentioned Fibonacci retracement correction levels.
Res: 0.9679 0.9733 0.9774
Pivot: 0.9638
Sup: 0.9584 0.9543 0.9489
AUD/USD
The AUD/USD pair faced the support level 1.0565 previously after the pair formed (1.2.3) bearish wave that suppose to target 1.0415 level after passing down 1.0580 level, but in case this level held as a support level during the upcoming intraday trades; a harmonic pattern may be formed that may push the pair to rise again to retest 1.0888 level.
Res: 1.0737 1.0797 1.0883
Pivot: 1.0651
Sup: 1.0591 1.0505 1.0445
[ATTACH]8873[/ATTACH]
Clients of GIGFX who has a real account can be able to see FULL Version for all 16 Currencies in member area section.
Let GIGFX Facebook Page Follow you..
https://www.mql5.com/go?link=http://www.facebook.com/pages/GiGFX/119304...=app_7146470109
For Middle East Clients !! Enjoy GIGFX Latest Offer..
A New Addition to Forex World
GIGFX added 3 new currencies to its major currencies basket
Saudi Riyal... Emirates Dirham... Egyptian Pound
https://www.mql5.com/go?link=http://www.gigfx.com/node/406
Trade Forex with your local currency & not only in dollars !!
]FreeImageHosting.net
EUR/USD
The bearish direction is still dominating the trades of the pair for short-term and intraday levels and as it is noticed, the pair is moving below the bearish trendline expecting more declining but with the probability of rising the pair through the intraday levels of today to re-test the resistance level 1.4160 then it will continue declining targeting the support level 1.3990 during today's intraday levels.
The stability of these speculations requires the stability of the resistance level 1.4160.
Res: 1.4270 1.4441 1.4543
Pivot: 1.4168
Sup: 1.3997 1.3895 1.3724
GBP/ USD
As it was expected through the previous analysis, the pair continued declining for near and medium-term reaching the support level 1.6166 which represents the target of the pattern head and shoulders, this price represents the lowest price during the trades of the last five weeks expecting more declining as dollar rises against all its counterparts, it is expected also that, with breaking the support level 1.6166, the pair will continue declining targeting the level 1.6010 which represents 127% of Fibonacci's continuous level for the bullish move from (1.6166 to 1.6743).
The stability of these speculations requires the stability of the resistance level 1.6235.
Res: 1.6277 1.6371 1.6437
Pivot: 1.6211
Sup: 1.6117 1.6051 1.5957
USD/CHF
As it is noticed through this chart, the pair is moving inside a bullish channel but it faced the resistance level 0.8940 so it is expected that the pair will decline during today's intraday trades targeting the support level 0.8851 which represents the bottom border of the mentioned channel with the probability of testing the pair the resistance level 0.8940.
The stability of these speculations requires the stability of the pair below the resistance level 0.9862 which represents the top border of the channel.
Res: 0.8988 0.9041 0.9137
Pivot: 0.8892
Sup: 0.8839 0.8743 0.8690
USD/CAD
The bullish direction is still dominating the pair direction for the medium and the short-terms whereas the pair is not forming the ( Gartley ) harmonic pattern for the price action which is moving now inside the last CD pattern's wave which targets the resistance level 0.9774 to end the pattern by ending forming this wave therefore it's expected that the pair's bullish scenario will be completed targeting by that rising till the level 0.9774 which represents the C point.
Succeeding this scenario depends on closing the pair above the resistance level 0.9713 which represents the pattern's B point.
Res: 132.9 133.99 134.84
Pivot: 132.05
Sup: 130.96 130.11 129.02
AUD/USD
The AUD/USD pair tested 23.6% correction level for the bullish move from 0.9706 to 1.1011, to fall form this level to continue the previous falling that suppose to target the support level 1.0415 as the pair has formed (1.2.3) bearish wave that suppose to target 1.0415 level by passing down 1.0580 level, but in case this level held as a support level during the upcoming intraday trades; a harmonic pattern may be formed that may push the pair to rise again to retest 1.0888 level.
Res: 1.0677 1.0794 1.0873
Pivot: 1.0598
Sup: 1.0481 1.0402 1.0285
[ATTACH]8899[/ATTACH]
Clients of GIGFX who has a real account can be able to see FULL Version for all 16 Currencies in member area section.
Let GIGFX Facebook Page Follow you..
https://www.mql5.com/go?link=http://www.facebook.com/pages/GiGFX/119304...=app_7146470109
For Middle East Clients !! Enjoy GIGFX Latest Offer..
A New Addition to Forex World
GIGFX added 3 new currencies to its major currencies basket
Saudi Riyal... Emirates Dirham... Egyptian Pound
https://www.mql5.com/go?link=http://www.gigfx.com/node/406
Trade Forex with your local currency & not only in dollars !!
]FreeImageHosting.net
EUR/USD
The bearish direction is still dominating the trades of the pair for short-term and intraday levels and as it is noticed, the pair is moving below the bearish trendline expecting more declining but with the probability of rising the pair through the intraday levels of today to re-test the resistance level 1.4160 then it will continue declining targeting the support level 1.3990 during today's intraday levels.
The stability of these speculations requires the stability of the resistance level 1.4160.
Res: 1.4270 1.4441 1.4543
Pivot: 1.4168
Sup: 1.3997 1.3895 1.3724
GBP/ USD
As it was expected through the previous analysis, the pair continued declining for near and medium-term reaching the support level 1.6166 which represents the target of the pattern head and shoulders, this price represents the lowest price during the trades of the last five weeks expecting more declining as dollar rises against all its counterparts, it is expected also that, with breaking the support level 1.6166, the pair will continue declining targeting the level 1.6010 which represents 127% of Fibonacci's continuous level for the bullish move from (1.6166 to 1.6743).
The stability of these speculations requires the stability of the resistance level 1.6235.
Res: 1.6277 1.6371 1.6437
Pivot: 1.6211
Sup: 1.6117 1.6051 1.5957
USD/CHF
As it is noticed through this chart, the pair is moving inside a bullish channel but it faced the resistance level 0.8940 so it is expected that the pair will decline during today's intraday trades targeting the support level 0.8851 which represents the bottom border of the mentioned channel with the probability of testing the pair the resistance level 0.8940.
The stability of these speculations requires the stability of the pair below the resistance level 0.9862 which represents the top border of the channel.
Res: 0.8988 0.9041 0.9137
Pivot: 0.8892
Sup: 0.8839 0.8743 0.8690
USD/CAD
The bullish direction is still dominating the pair direction for the medium and the short-terms whereas the pair is not forming the ( Gartley ) harmonic pattern for the price action which is moving now inside the last CD pattern's wave which targets the resistance level 0.9774 to end the pattern by ending forming this wave therefore it's expected that the pair's bullish scenario will be completed targeting by that rising till the level 0.9774 which represents the C point.
Succeeding this scenario depends on closing the pair above the resistance level 0.9713 which represents the pattern's B point.
Res: 132.9 133.99 134.84
Pivot: 132.05
Sup: 130.96 130.11 129.02
AUD/USD
The AUD/USD pair tested 23.6% correction level for the bullish move from 0.9706 to 1.1011, to fall form this level to continue the previous falling that suppose to target the support level 1.0415 as the pair has formed (1.2.3) bearish wave that suppose to target 1.0415 level by passing down 1.0580 level, but in case this level held as a support level during the upcoming intraday trades; a harmonic pattern may be formed that may push the pair to rise again to retest 1.0888 level.
Res: 1.0677 1.0794 1.0873
Pivot: 1.0598
Sup: 1.0481 1.0402 1.0285
Clients of GIGFX who has a real account can be able to see FULL Version for all 16 Currencies in member area section.
Let GIGFX Facebook Page Follow you..
https://www.mql5.com/go?link=http://www.facebook.com/pages/GiGFX/119304...=app_7146470109
For Middle East Clients !! Enjoy GIGFX Latest Offer..
A New Addition to Forex World
GIGFX added 3 new currencies to its major currencies basket
Saudi Riyal... Emirates Dirham... Egyptian Pound
https://www.mql5.com/go?link=http://www.gigfx.com/node/406
Trade Forex with your local currency & not only in dollars !!
EUR/USD
The bearish direction is still dominating the pair trades for the short-term and intraday levels, it is noticed that the pair is moving inside a bearish channel and it has tested its bottom border at the support level 1.4065 at the beginning of yesterday trades, this level held steady against the pair's testing pushing the pair upside during the intraday levels of yesterday till reached to test the resistance level 1.4235 expecting more declining during today's intraday levels targeting to re-test the support level 1.4065. If the pair succeeded to break this level with stability below it, the pair will target to reach the support level 1.3955 to test it.
The stability of these expectations requires the stability of the resistance level 1.4235.
Res: 1.4251 1.4346 1.4448
Pivot: 1.4149
Sup: 1.4054 1.3952 1.3857
GBP/ USD
Till this moment, the pair is unable to break the support level 1.6166 as the moves are still bearish for short and medium terms, these moves has been formed through moving inside a bearish channel for short and medium-term, it is noticed during the last intraday trades that the pair retested the resistance level 1.6230 and if this level held steady against the pair's testing, a top will be formed that will push the pair to re-test the support level 1.6166 which with its breaking down means more declining targeting the level 1.6010 which represents 127% of Fibonacci's continuous level for the bullish move (From 1.6166 to 1.6743). If the pair succeeded to break up the resistance level 1.6230 it will continue rising till reaches the level 1.6303 coinciding with the top border of the bearish channel.
Res: 1.6243 1.6295 1.6337
Pivot: 1.6201
Sup: 1.6149 1.6107 1.6055
USD/CHF
Yesterday, the pair succeeded to break out the bullish channel by breaking its bottom border at the support level 0.8851 expecting more declining targeting the support level 0.8802 followed by the support level 0.8774 if it was stable below the support level 0.8802, with the probability of re-testing the resistance level 0.8877 which represents the bottom border of the broken channel.
The stability of these expectations requires the stability of the pair below the resistance level 0.8877 which represents the bottom border of the channel.
Res: 0.8923 0.9001 0.9063
Pivot: 0.8861
Sup: 0.8783 0.8721 0.8643
USD/CAD
The pair achieved what was expected yesterday by forming the gartley harmonic pattern therefore it's expected that the bearish scenario will be the pair's scenario targeting the support level 0.9713 which represents the B point and the pair stability below this level which gives the chance for the pair to target the support level 0.9513.
This scenario depends on the pair's stability below the resistance level 0.9774 which represents the pattern's D point.
Res: 0.9787 0.9819 0.9872
Pivot: 0.9734
Sup: 0.9702 0.9649 0.9617
AUD/USD
The AUD/USD pair tested 23.6% correction level for the bullish move from 0.9706 to 1.1011, to fall form this level to continue the previous falling that suppose to target the support level 1.0415 as the pair has formed (1.2.3) bearish wave that suppose to target 1.0415 level by passing the stability of the formed top around the level 1.0640, but in case this level was passed during the upcoming intraday trades; that may push the pair to rise again to retest 1.0888 level.
Res: 1.0624 1.0696 1.0752
Pivot: 1.0568
Sup: 1.0496 1.0440 1.0368
[ATTACH]8913[/ATTACH]
Clients of GIGFX who has a real account can be able to see FULL Version for all 16 Currencies in member area section.
Let GIGFX Facebook Page Follow you..
https://www.mql5.com/go?link=http://www.facebook.com/pages/GiGFX/119304...=app_7146470109
For Middle East Clients !! Enjoy GIGFX Latest Offer..
A New Addition to Forex World
GIGFX added 3 new currencies to its major currencies basket
Saudi Riyal... Emirates Dirham... Egyptian Pound
https://www.mql5.com/go?link=http://www.gigfx.com/node/406
Trade Forex with your local currency & not only in dollars !!
]FreeImageHosting.net
EUR/USD
During the Asian session today, the pair succeeded to break the resistance level 1.4235 which represents 23.6% of Fibonacci's correction level for the last bearish wave for the short-term breaking out of this bearish channel in which it was moving for the short-term and intraday levels, it is expected that, the pair will rise during today's intraday levels targeting the resistance level 1.4385 which represents 38.2% of the same Fibonacci's correction level.
The stability of these expectations requires the stability of the support level 1.4190.
Res: 1.4275 1.4315 1.4392
Pivot: 1.4198
Sup: 1.4158 1.4081 1.4041
https://www.mql5.com/go?link=http://www.facebook.com/pages/GiGFX/119304...=app_7146470109
For Middle East Clients !! Enjoy GIGFX Latest Offer..
A New Addition to Forex World
GIGFX added 3 new currencies to its major currencies basket
Saudi Riyal... Emirates Dirham... Egyptian Pound
https://www.mql5.com/go?link=http://www.gigfx.com/node/406
Trade Forex with your local currency & not only in dollars !!
]FreeImageHosting.net
" />" />" />" />" />" />" />" />