Forex Levels - Trading recommendations, daily forecast on EURUSD and GBPUSD

Discussion in 'Forex' started by Ivan Urupa, Nov 7, 2011.

  1. EURUSD [H1]

    The pair is trading along a downtrend. Support level 1.3173 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.2980.

    If the pair will have no possibility of getting below support level 1.3173 and will subsequently rise above resistance level 1.3236, we can expect an uptrend to develop towards resistance 1.3282 and above towards resistance level 1.3340.


    Support levels: 1.3173, 1.2980

    Resistance levels: 1.3236, 1.3282, 1.3340



    GBPUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.5627, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5710.

    If the pair breaks under support level 1.5575, a downtrend will start with the downside target set at support level 1.5540 and below towards support level 1.5490.


    Support levels: 1.5575, 1.5540, 1.5490

    Resistance levels: 1.5627, 1.5710
     
    #21     Dec 13, 2011
  2. EURUSD [H1]

    The pair is trading along a downtrend. Support level 1.2980 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.2894.

    If the pair will have no possibility of getting below support level 1.2980 and will subsequently rise above resistance level 1.3096, we can expect an uptrend to develop towards resistance 1.3174.


    Support levels: 1.2980, 1.2894

    Resistance levels: 1.3096, 1.3174



    GBPUSD [H1]

    The pair is trading along a downtrend. Support level 1.5432 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.5354.

    If the pair will have no possibility of getting below support level 1.5432 and will subsequently rise above resistance level 1.5495, we can expect an uptrend to develop towards resistance 1.5545.


    Support levels: 1.5432, 1.5354

    Resistance levels: 1.5495, 1.5545
     
    #22     Dec 14, 2011
  3. EURUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.3048, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3174.

    If the pair breaks under support levels 1.2980-12894, a downtrend will start with the downside target set at support level 1.2700.


    Support levels: 1.2980-12894, 1.2700

    Resistance levels: 1.3048, 1.3174



    GBPUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.5548, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5627.

    If the pair breaks under support levels 1.5465-1.5432, a downtrend will start with the downside target set at support level 1.5353.


    Support levels: 1.5465-1.5432, 1.5353

    Resistance levels: 1.5548, 1.5627
     
    #23     Dec 16, 2011
  4. EURUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.3042, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3096 and above towards resistance level 1.3174.

    If the pair breaks under support level 1.2970, a downtrend will start with the downside target set at support level 1.2894.


    Support levels: 1.2970, 1.2894

    Resistance levels: 1.3042, 1.3096, 1.3174



    GBPUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.5548, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5598 and above towards resistance level 1.5627.

    If the pair breaks under support level 1.5465, a downtrend will start with the downside target set at support level 1.5432 and below towards support level 1.5341.


    Support levels: 1.5465, 1.5432, 1.5341

    Resistance levels: 1.5548, 1.5598, 1.5627
     
    #24     Dec 19, 2011
  5. EURUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.3082, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3148 and above towards resistance level 1.3236 if the market breaks above resistance level 1.3174.

    If the pair breaks under support level 1.2970, a downtrend will start with the downside target set at support level 1.2894.


    Support levels: 1.2970, 1.2894

    Resistance levels: 1.3082, 1.3148, 1.3174, 1.3236



    GBPUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.5708, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5745 and above towards resistance level 1.5785.

    If the pair breaks under support level 1.5627, a downtrend will start with the downside target set at support level 1.5598 and below towards support level 1.5542.


    Support levels: 1.5627, 1.5598, 1.5542

    Resistance levels: 1.5708, 1.5745, 1.5785
     
    #25     Dec 22, 2011
  6. EURUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.3083, and if the pair breaks above that level we can expect an uptrend to develop with the

    upside target set at resistance level 1.3174.

    If the pair breaks under support levels 1.3030-1.2980, a downtrend will start with the downside target set at support level 1.2894.


    Support levels: 1.3030-1.2980, 1.2894

    Resistance levels: 1.3083, 1.3174



    GBPUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.5632 and if the pair breaks above that level we can expect an uptrend to develop with the

    upside target set at resistance level 1.5678 and above towards resistance level 1.5708.

    If the pair breaks under support levels 1.5584-1.5541, a downtrend will start with the downside target set at support level 1.5496 and below towards support

    level 1.5464.


    Support levels: 1.5584-1.5541, 1.5496, 1.5464

    Resistance levels: 1.5632, 1.5678, 1.5708
     
    #26     Dec 27, 2011
  7. EURUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.2997, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3029 and above towards resistance level 1.3070.

    If the pair breaks under support levels 1.2937-1.2894, a downtrend will start with the downside target set at support level 1.2700.


    Support levels: 1.2937-1.2894, 1.2700

    Resistance levels: 1.2997, 1.3029, 1.3070



    GBPUSD [H1]

    The pair is trading along an uptrend. Resistance level 1.5548 is seen on the way of the further upside, and if the market breaks above that level we can expect the uptrend to continue and get to resistance level 1.5583 and above towards resistance levels 1.5629 and 1.5670.

    If the pair will have no possibility of rising above resistance level 1.5548 and will subsequently drop below support level 1.5464, we can expect a downtrend to develop towards support level 1.5413 and below towards support level 1.5355.


    Support levels: 1.5464, 1.5413, 1.5355

    Resistance levels: 1.5548, 1.5583, 1.5629, 1.5670
     
    #27     Jan 3, 2012
  8. EURUSD [H1]

    The pair is trading along a downtrend. Support level 1.2892 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.2700.

    If the pair will have no possibility of getting below support level 1.2892 and will subsequently rise above resistance level 1.2960, we can expect an uptrend to develop towards resistance 1.2997 and above towards resistance level 1.3050.


    Support levels: 1.2892, 1.2700

    Resistance levels: 1.2960, 1.2997, 1.3050



    GBPUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.5670, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5727 and above towards resistance level 1.5785.

    If the pair breaks under support level 1.5584, a downtrend will start with the downside target set at support level 1.537 and below towards support level 1.5497.


    Support levels: 1.5584, 1.5537, 1.5497

    Resistance levels: 1.5670, 1.5727, 1.5785
     
    #28     Jan 5, 2012
  9. EURUSD [H1]

    The pair is trading along a downtrend. Support level 1.2615 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.2465.

    If the pair will have no possibility of getting below support level 1.2615 and will subsequently rise above resistance level 1.2728, we can expect an uptrend to develop towards resistance 1.2813 and above towards resistance level 1.2894.


    Support levels: 1.2615, 1.2465

    Resistance levels: 1.2728, 1.2813, 1.2894



    GBPUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.5355 and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5413.

    If the pair breaks under support level 1.5274, a downtrend will start with the downside target set at support level 1.5196.


    Support levels: 1.5274, 1.5196

    Resistance levels: 1.5355, 1.5413
     
    #29     Jan 16, 2012
  10. EURUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.2737, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.2815 and above towards resistance level 1.2894.

    If the pair breaks under support level 1.2615, a downtrend will start with the downside target set at support level 1.2465.


    Support levels: 1.2615, 1.2465

    Resistance levels: 1.2737, 1.2815, 1.2894



    GBPUSD [H1]

    The pair is in a sideways trend. Resistance level is seen at 1.5367, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5423.

    If the pair breaks under support level 1.5331, a downtrend will start with the downside target set at support level 1.5274.


    Support levels: 1.5331, 1.5274

    Resistance levels: 1.5367, 1.5423
     
    #30     Jan 17, 2012