EUR/USD Weekly Technical Analysis Sep. 1 - 5

EUR/USD Weekly Technical Analysis:

                 EUR/USD remains in downtrend. In August last two weeks we have seen Eur weakness nearly 300 PIPS and close near to our support Zone of 1.3163 to 1.3131 level. In short term time frames showing some bullish divergense, we can expect some bullish run in short term.

                 In medium term aspect we can expect more weakness in EURO. If 1.3131 level breaks below on coming weeks we could expect another 300 pips rally on EUR/USD to the next support level of 1.2834.

                In September month we can expect more weakness on EURO.

                GANN Support and Resistance Levels:

S3	S2	S1	R1	R2	R3
1.2595 - .2563	1.2834	1.3131 - 3163	1.3407	1.3558	1.3710

Daily Trading Signals 29 AUG 14

 EUR/USD:

 

Buy at / above: 1.3218   Targets: 1.3247 --- 1.3282
Stoploss : 1.3182
Sell at / below: 1.3182   Targets: 1.3154 --- 1.3118
Stoploss : 1.3218

 

 GBP/USD:

 

Buy at / above: 1.6604   Targets: 1.6636 --- 1.6676
Stoploss : 1.6565
Sell at / below: 1.6565   Targets: 1.6533 --- 1.6494
Stoploss : 1.6604

 

USD/CHF:

 

Buy above: 0.9154   Targets: 0.9179 --- 0.9209   

Stoploss : 0.9125

Sell below: 0.9125   Targets: 0.9100 --- 0.9071
Stoploss : 0.9154

Daily Trading Signals 28 AUG 14

 EUR/USD:

 

Buy above: 1.3218   Targets: 1.3247 --- 1.3282
Stoploss : 1.3182
Sell below: 1.3182   Targets: 1.3154 --- 1.3118
Stoploss : 1.3218

 

 GBP/USD:

 

Buy above: 1.6604   Targets: 1.6636 --- 1.6676
Stoploss : 1.6565
Sell below: 1.6565   Targets: 1.6533 --- 1.6494
Stoploss : 1.6604

 

USD/CHF:

 

Buy above: 0.9154   Targets: 0.9179 --- 0.9209   

Stoploss : 0.9125

Sell below: 0.9125   Targets: 0.9100 --- 0.9071
Stoploss : 0.9154

Daily Trading Signals 25 AUG 14

EUR/USD:

Buy above: 1.3218   Targets: 1.3247 --- 1.3282
Stoploss : 1.3182
Sell below: 1.3182   Targets: 1.3154 --- 1.3118
Stoploss : 1.3218

GBP/USD:

Buy above: 1.6565   Targets: 1.6596 --- 1.6636
Stoploss : 1.6525
Sell below: 1.6525   Targets: 1.6494 --- 1.6454
Stoploss : 1.6565

USD/CHF:

Buy above: 0.9184   Targets: 0.9209 --- 0.9239
Stoploss : 0.9154
Sell below: 0.9154   Targets: 0.9130 --- 0.9100
Stoploss : 0.9184

AUD,NZD,CAD Daily Trading Signals 22 AUG 14

AUD/USD:

Buy above: 0.9333   Targets: 0.9358 --- 0.9388
Stoploss : 0.9303
Sell below: 0.9303   Targets: 0.9278 --- 0.9248
Stoploss : 0.9333

NZD/USD:

Buy  above: 0.8431   Targets: 0.8455 --- 0.8484
Stoploss : 0.8403
Sell below: 0.8403   Targets: 0.8379 --- 0.8350
Stoploss : 0.8431

 

USD/CAD:

Buy  above: 1.0980   Targets: 1.1007 --- 1.1039  

Stoploss : 1.0947  

Sell below: 1.0947   Targets: 1.0921 --- 1.0888  

Stoploss : 1.0980

GBP/USD Daily Technical Anlysis 22 AUG 14

GBP/USD:

Sterling driven by bear power and approaching the 1.6540 support level. We expect this level could give strong support.

If this level breaks sterling could fall to 1.6480 and 1.6429 levels.

S3	S2	S1	R1	R2	R3
1.6358	1.6429	1.6543	1.6616	1.6676	1.6728

EUR/USD Daily Technical Analysis 22 AUG 14

EUR/USD:

As per our Weekly Technical Analysis EURO found support at 1.3250 and breaks the important resistance level 1.3270 and close above this level. Now Euro get some bull power and approaching the 1.3303 level. If this breaks we can expect further upside upto 1.3352 resistance level.

The most preferable scenario is Euro approaching tough resistance at 1.33 and 1.3350 level. If this level hold through next week we can expect further weakness in Euro upto 1.3163 level.

S3	S2	S1	R1	R2	R3
1.33152	1.3224	1.3270	1.3303	1.3352	1.3382

EUR/USD Weekly Technical Analysis AUG'14

Daily Forex Trading Signals 22 AUG 14

EUR/USD:

Buy above: 1.3289   Targets: 1.3318 --- 1.3354
Stoploss : 1.3253
Sell below: 1.3253   Targets: 1.3225 --- 1.3189
Stoploss : 1.3289

GBP/USD:

Buy above: 1.6604   Targets: 1.6636 --- 1.6676
Stoploss : 1.6565
Sell below: 1.6565   Targets: 1.6533 --- 1.6494
Stoploss : 1.6604

USD/CHF:

Buy above: 0.9125   Targets: 0.9150 --- 0.9179
Stoploss : 0.9096
Sell below: 0.9096   Targets: 0.9071 --- 0.9041
Stoploss : 0.9125

USD/CAD Daily Technical Analysis 21 AUG 14

USD/CAD:

The bullish traders get support from 1.0879 level and send the pair nearly 100pips rally on first three days of trading.

Todays open was just above the 1.0961 weekly R1 level, if this level breaks we can expect some consolidation.   As per trader sentiment USD still bullish but want to sustain above 1.0961 level and then there is no obstacles upto 1.1000 to 1.1015.

S3	S2	S1	R1	R2	R3
1.0872	1.0909	1.0961	1.1015	1.1126	-

AUD/USD Daily Technical Analysis 21 AUG 14

AUD/USD:

Aussie dropped below the major level 0.9300 yesterday and close below that level. Today weakness in Aussie seen in the asian market and reached 0.9238 support level and back above the 0.9265 support level. So we can expect some Aussie strength.

If Aussie breaks 0.9299 level then we could be expect further upside upto 0.9340 and 0.9386 levels.

S3	S2	S1	R1	R2	R3
0.9178	0.9238	0.9265	0.9299	0.9340	0.9386

 

Daily Technical Analysis 21 AUG 14

EUR/USD:

 

       

EURO Yesterday breaks and close below the  important support level 1.3270. Eur is supported by 1.3250 minor Weekly resistance. Further downside could be expected for this week.

S3	S2	S1	R1	R2	R3
-	1.3152	1.3224	1.3270	1.3304	1.3352

 GBP/USD:

After sterling open gap in starting of this week and fell sharply and breaks the important support level first 3 days of trading. We can expect further weakness on sterling could find support at 1.6540 and 1.6429.

S3	S2	S1	R1	R2	R3
1.6358	1.6429	1.6543	1.6616	1.6673	1.6728

USD/CHF:

 USD gains some momentum through out this week and trade above Weekly pivot resistance R2. Yesterday usd breaks some important resistance level 0.9100 and close above that level. So we can expect further upside 0.9175 and 0.9214. The minor weekly Gann resistance level 0.9180 also there.

S3	S2	S1	R1	R2	R3
0.9047	0.9075	0.9130	0.9175	0.9214	0.9265

 USD/JPY:

Due to strong USD this pair breaks the 103 level yesterday and rallies through 104 level. We can expect further upside 103.42, already USD breaks the Daily R1 level at 103.75.

S3	S2	S1	R1	R2	R3
102.69	103.05	103.55	103.75	104.32	105.56