ForexPeoples Daily Technical Analysis for The Majors (4 Pair Forex)

[FP Representative]

Daily Technical Analysis for Tuesday, April 21, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
momentum is visible down and look still strong enough for EURUSD pair view- so, our advice is to look for opportunities sell op when the price from above can be translucent continue downwards fibo 1.0712. tp for sell can be placed below 1.0675. stoploss set at above intraday pivot (above 1.0779).

GBPUSD
down momentum is still strong in this GBPUSD pair, especially on last week (Friday) has formed a nice bearish pinbar. Sell is ok today if strong seller can penetrate downwards to fibo 1.4887. tp for sell can be set at above 1.4854. and sl is above 1.4947.

USDJPY
obviously this is being nice to be bullish. ok buy now in USDJPY if prices break to above fibo 119.43. target profit for buy is under 119.74. and sl can be located below the intraday-pivot (below 118.98).

USDCHF
nice to look buy op at USDCHF pair, buy is good to beginning when prices break to above fibo 0.9598 (near MA 100). tp for buy is below 0.9632 and sl under 0.9536.

Regards.

 

[FP Representative]

Daily Technical Analysis for Wednesday, April 22, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
this EURUSD pair is still consolidating now. the consolidation zone is from 1.0659 to 1.0781. no new trades are good if the price is still moving with weak move at that zone. ignore.

GBPUSD
only consolidated for GBPUSD pair but can continue to be successful more down when the seller can break down fibo 1.4855. now we ok to look for sell op with tp can be placed around 1.4815 (near TCCI 80), and sl is above 1.4974 (below the MA 50).

USDJPY
major trends in the USDJPY pair would look good continues to bullish. Now, we watch for fibo level at 119.83 (near MA 50), the breakup at 119.83 would open up new avenues for the price to continue bullish and price have opportunity to reach to more high till 120.06.

USDCHF
only consolidated when price motion is still weak at this USDCHF pair - it's between 0.9505 to 0.9623. ignore.

Regards.

 

[FP Representative]

Daily Technical Analysis for Thursday, April 23, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
will likely ok to sell if the EURUSD continues to be move to below 1.0708. and looks candle of yesterday is bearish pinbar candle. support for bearish now.

GBPUSD
there is an opportunity to correction down in the GBPUSD - as long as the pair continues to persist move under 1.5085.

USDJPY
good to seek buy op in USDJPY - 119.96 has been able break by strong buyer from bottom. buy ok now.

USDCHF
The USDCHF pair is still strong enough to bullish. buy this pair since 0.9714 is true already breakup by strong buyer.

Regards.

 

[FP Representative]

Daily Technical Analysis for Friday, April 24, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
formed a nice Piercing Line Pattern & Bullish Engulfing Pattern candle in this EURUSD pair - clearly support for bullish. buy if the breakup occurs at 1.0845 with tp at 1.0906.

GBPUSD
could correction to be bearish when GBPUSD motion remained under 1.5070.

USDJPY
this USDJPY is good for sell when the price from above can penetrate to down fibo 119.42.

USDCHF
it would be advisable to look for sell in USDCHF if Fibo at 0.9529 can be penetrated from above.

Regards.

 

[FP Representative]

Daily Technical Analysis for Monday, April 27, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
On Short-term, the EURUSD pair is still sideways when price movement still exists between 1.0784 to 1.0900. no new trade in that zone. buy op will be ok after the price can break to above 1.0900.

GBPUSD
we see - the GBPUSD is bullish then - because buyers have been able to succeed in breaking through to the top of MA 100 at 1.5157, then yes, there are opportunities will continue bullish on this pair and great to continue searching buy op here.

USDJPY
we look that down trend is still strong enough for this USDJPY pair. will good sell when strong seller can penetrate to down fibo at 118.82.

USDCHF
the price is still too weak and still sideways motion between 0.9509 (near MA 200) up to 0.9573 - just ignore it first, but if a strong seller in the USDCHF can penetrate to down 0.9509 (near the MA 200 - red line), then it will be good for sell op later.

Regards.

 

[FP Representative]

Daily Technical Analysis for Tuesday, April 28, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
for the EURUSD pair is called flat if the price movement is still weak there is between 1.0819 to 1.0928. ignore.

GBPUSD
we see the GBPUSD pair is still bullish due to the strong buyer since yesterday has been able to the top of MA 100 at 1.5183. and we can take buy today if the buyer can proceed break up to fibo 1.5261.

USDJPY
here is a chance for bullish correction first - during the USDJPY motion still at above 118.77. search buy is a great idea with sl under 118.77.

USDCHF
only still consolidation for the USDCHF pair if motion of the price is still weak moves between 0.9491 to 0.9582. but it would be nice to buy if 0.9582 can be penetrated from below.

Regards.

 

[FP Representative]

Daily Technical Analysis for Wednesday, April 29, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
here a chance for correction to down when a buyer in EURUSD still unable to break to above 1.0990. sell with SL above 1.0990.

GBPUSD
still strong to bullish. will be great for buy for the GBPUSD pair when the breakup occurred up 1.5343.

USDJPY
it would be advisable take sell op in USDJPY when strong seller today is successfully breaks down fibo 118.77.

USDCHF
it would be advisable to buy when the motion of buyers in USDCHF is able to continue to the top of MA 100 (near 0.9597) today.

Regards.

 

[FP Representative]

Daily Technical Analysis for Thursday, April 30, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
we see EURUSD pair could be a correction to the bottom and be good looking sell but with sl above 1.1187.

GBPUSD
there will be opportunities for down at GBPUSD - as the price bounced down after touching a strong supply zone at 1.5498. looking for a sell with stop loss above 1.5498 is a good idea now in this pair.

USDJPY
only consolidation when motion of USDJPY remains weak - we see price move here is between 118.58 to 119.36. ignore. and ok for buy if 119.36 can slip underneath later.

USDCHF
big trend for USDCHF is still to be down. but if we want to sell more in this pair, so make sure the seller can continue to break down fibo 0.9339.

Regards.

 

[FP Representative]

Daily Technical Analysis for Friday, May 1, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
correction to down could happen in this EURUSD pair (if) the buyer has not or is not able to break through to the top of MA 100 near 1.1265.

GBPUSD
here formed a double top candle near the supply zone (1.5492) in this GBPUSD pair. thus, a good plan for sell then if the price was right break down to fibo 1.5303. sl for sell can be set at above supply 1.5492.

USDJPY
from the view of some last D1 candle, then USDJPY could look to bullish. would be a good buy if price break to above 119.89 (MA 50).

USDCHF
nice for take sell op if seller in USDCHF successful breaks to down - to strong Fibo at 0.9306.

Regards.

 

[FP Representative]

Daily Technical Analysis for Monday, May 4, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
here formed a pinbar bearish on EURUSD - clearly it would be nice to find sell op if a strong seller can penetrate all the way down 1.1174.

GBPUSD
we see the GBPUSD is very clear that the pair was down. we can sell in this pair when the pair may continue to break down to bellow MA 100 at 1.5114.

USDJPY
truly, as we can see from major trend, this USDJPY still looks to be more bullish again, if you want to buy here - then make sure the strong buyers can penetrate up to fibo 120.28.

USDCHF
here formed a bullish pinbar at USDCHF - so obviously will support a buy op when the price began to break up 0.9351.

Regards.

 

[FP Representative]

Daily Technical Analysis for Tuesday, May 5, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
still good to keep looking for sell at this EURUSD pair at this time. Clear, that bearish Pinbar had formed in two days ago, it still supports the down motion, sell ok when prices break to below fibo 1.1122 today.

GBPUSD
sell op plan at GBPUSD is a great idea for today. now let's look at fibo near 1.5089 (near MA 100 - yellow line). If 1.5089 can be in translucent by prices from above, then it is a good start for op sell here.

USDJPY
this USDJPY pair looks to be still strong to bullish. we can buy here if the buyer can hold up / breakup to above 120.28.

USDCHF
still consolidated and not nice to take a new op in USDCHF when the price movement is still weak between 0.9312 to 0.9383. ignore it.

Regards.

 

[FP Representative]

Daily Technical Analysis for Wednesday, May 6, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
Bullish Hammer candle in EURUSD could be a nice trigger to make bullish today here (though this is just bullish correction). would be a good buy if prices continue to move upwards 1.1222.

GBPUSD
only called consolidation for GBPUSD pair if the price movement of this pair is still moving weak between 1.5089 to 1.5217. ignore.

USDJPY
we would advise you to take sell op in USDJPY when the price is able to penetrate down to fibo at 119.73.

USDCHF
The USDCHF trend is still strong down. sell would be nice if the seller is able to break down to below fibo 0.9237.

Regards.

 

[FP Representative]

Daily Technical Analysis for Thursday, May 7, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
can likely downward correction in EURUSD if the buyer can continue upwards to fibo 1.1369. sell with sl above 1.1369 is a great idea.

GBPUSD
GBPUSD is still sideways - the price movement is still weak - we see it still between 1.5150 to 1.5290. ignore it first.

USDJPY
good sell as 119.20 in USDJPY can be broken through from above.

USDCHF
Further downtrend may continue downwards when USDCHF continue to below fibo 0.9115 later.

Regards.

 

[FP Representative]

Daily Technical Analysis for Friday, May 8, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
it would be advisable to seek sell op in the EURUSD pair if the price success breaks to down Fibo at 1.1237. stoploss to sell can we set above 1.1391.

GBPUSD
take buy op in GBPUSD is still ok but with small tp because we see that the price is had so near approaching a supply zone at 1.5590. it means, if the buyer fails to penetrate continue upward 1.5590, the downward correction price is possible happen here later.

USDJPY
be good to buy when the movement of the USDJPY pair has proven successful breaks up 119.86.

USDCHF
it would be nice to find op buy in this USDCHF pair - because there is a bullish pinbar candle yesterday. the initial buy doing when price further could break up 0.9226.

Regards.

 

[FP Representative]

Daily Technical Analysis for Monday, May 11, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
sell will likely very good idea for EURUSD - early sell is if the price from above can be successfully breaks down Fibo at 1.1181 (MA 100 near the yellow line). sl above 1.1276.

GBPUSD
could have the opportunity to correction down for GBPUSD pair - the last price has touched the supply zone at 1.5522. will likely correction to down if a buyer is not able to penetrate up strong supply 1.5522.

USDJPY
still pretty strong down trend will continue to exist here. good sell if the USDJPY can continue down fibo 119.58.

USDCHF
today, USDCHF trend still continue to bullish, would be good to buy op when the strong buyer is really successful breakthrough to the top of fibo 0.9322.

Regards.

 

[FP Representative]

Daily Technical Analysis for Tuesday, May 12, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
The EURUSD trend is likely to continue to be down. see that tcci 20 already red, and if a strong seller today could break down to fibo 1.1130, then take the sell op is a good idea later.

GBPUSD
for GBPUSD - we can see that the pair have opportunity to become downward correction if the buyer has not been able to continue break to above the MA 200 near 1.5612. thus, we can take sell but SL must set at above the MA 200 (SL above 1.5612).

USDJPY
The USDJPY pair is clear that prices are being kept to nice bullish and buy for this pair today. since this morning, buyers have been able to break to top of fibo 120.14, then this good to buy with nearest TP at 120.40.

USDCHF
would be nice to keep looking for buy op in this USDCHF pair. tcci 20 already green. if price break to above 0.9353, then there we start taking buy op here.

Regards.

 

[FP Representative]

Daily Technical Analysis for Wednesday, May 13, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
for EURUSD pair - now being sideways. The sideways zone is between 1.1134 to 1.1278. ignore it and could take a new op when the price is able to get out of that sideways zone boundary.

GBPUSD
because GBPUSD now already in near supply zone 1.5710, then of course there will be the possibility of price correction first to down (during) the buyer in this pair has not been able to continue bullish / still can not breakup to the top of the strong supply (1.5710).

USDJPY
chances for the prices to down is here (for USDJPY) - ie the initial sell if price can break down to fibo 119.78.

USDCHF
only consolidation when motion is still weak at this USDCHF - price still exist between 0.9210 to 0.9357. ignore and don't take buy if the buyer still can not continues to be through to the top of 0.9357 later.

Regards.

 

[FP Representative]

Daily Technical Analysis for Thursday, May 14, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
Will be a chance for correction to the bearish at EURUSD (during) the buyer has not been able to pass the motion up through 1.1382.

GBPUSD
a big trend is still to bullish. but the downward correction may occur in the GBPUSD pair (if) the price movement still remained under supply (1.5768).

USDJPY
for USDJPY - we see there will be opportunities down the sustainable if price able to continue to break through to the bottom of fibo at 119.03. as we see that there is now price continue to below MA 100.

USDCHF
can still likely to downtrend. and it would be nice sell if sellers in USDCHF continued downward able to break through 0.9152.

Regards.

 

[FP Representative]

Daily Technical Analysis for Friday, May 15, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
despite bullish trend is still here but already weakened. EURUSD pair will still be good to buy when the breakup prices happens to above 1.1444.

GBPUSD
We've seen weak bullish on GBPUSD - in advance, the price correction to down can happen when a strong seller translucent continue downwards to fibo 1.5728.

USDJPY
be nice to sell - only if the price movements in USDJPY today successfully breaks down to bellow strong Fibo at 118.88.

USDCHF
simply called only consolidation when there is a price motion remains weak at USDCHF between 0.9077 to 0.9176. ignore it.

Regards.

 

[FP Representative]

Daily Technical Analysis for Monday, May 18, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
we see the EURUSD pair is still moving to bullish. we can plan buy op when a breakup occurs op to above fibo 1.1466 today.

GBPUSD
we would suggest you to look for a sell op on GBPUSD if 1.5701 can be penetrated from above. there stoploss above 1.5808.

USDJPY
The USDJPY prices is are very high volatile (between 119.15 to 119.92). Just ignore it.

USDCHF
only consolidated for this USDCHF pair. not good for take new op when the price still between 0.9113 to 0.9253. but breakup at 0.9253 would be nice to start buy op later.

Regards.