Daily Technical Analysis for Tuesday, August 18, 2015 - by ForexPeoples.Com | using Daily-TF chart.
EURUSD
Strong trend still down - we will be ok sell in EURUSD - before sell, then make sure the price can penetrate down to 1.1058 fibo.
GBPUSD
there is a bearish candle yesterday in GBPUSD - obviously will support a sell now, especially if the seller successfully breaks down 1.5578.
USDJPY
USDJPY is still sideways to move because the price is still very weak between 124.21 - 124.56. ignore.
USDCHF
we just call it sideways when motion is still weak USDCHF pair is between 0.9740 to 0.9797. ignore.
Regards.
EURUSD
Strong trend still down - we will be ok sell in EURUSD - before sell, then make sure the price can penetrate down to 1.1058 fibo.
GBPUSD
there is a bearish candle yesterday in GBPUSD - obviously will support a sell now, especially if the seller successfully breaks down 1.5578.
USDJPY
USDJPY is still sideways to move because the price is still very weak between 124.21 - 124.56. ignore.
USDCHF
we just call it sideways when motion is still weak USDCHF pair is between 0.9740 to 0.9797. ignore.
Regards.