EUR/USD H4
The outlook for the EUR/USD is bearish. But pair is expecting to first go up and test its resistance at 1.2836 level. If EUR/USD fails to break 1.2836 level and H4 candle close below this level then pair will start moving downward and target its support at 1.2750 level. This scenario can be vanished, If pair breakthrough its resistance and H4 candle close above 1.2836 level then pair will go up and target 1.2880 level.
High impact News can affect the trend of EUR/USD. News like Unemployment Claims.
GBP/USD H4
GBP/USD will test its resistance at 1.5177 level today. Pair can get a pull back from this zone, If pair didn’t manage to break its resistance 1.5177 level and H4 candle close below this level. It will then indicate Cable is in bearish strength and pair will then fall towards south.
On the other hand. If GBP/USD break its resistance and H4 candle close above 1.5177 level then pair will continue bullish trend and target 1.5255 level.
high impact Data can affect the movement of GBP/USD. Data like Unemployment Claims.
AUD/USD H4
Aussies is currently trading at 1.0427 level. We are expecting pair to continue its bearish trend and test its support at 1.0390 level. Price action on this level should be carefully watch. As rate is at last Bollinger so trend for the pair is not so clear.
But if AUD/USD manage to break 1.0390 level and H4 candle close below it, then pair will further move towards 1.0360-45 level respectively. On the contrary, If AUD hold its support 1.0390 level and H4 candle close above support level, then pair will have bullish strength which will take pair northward and target resistance at 1.0493 level.
High impact News can change the scenario. News like Unemployment Claims.
USD/CHF H4
USD/CHF is testing its support at 0.9520 level. Price action on this level is important to watch. If pair manage to give a closure of H4 candle below this point, then pair is expecting to continue its bearish trend.
The scenario can be change, if USD/CHF hold this support level and H4 candle close above 0.9520 level. It will then allow pair to further move upward.
High impact Data of USD can affect the pair. Data like Unemployment Claims.
Source: UMOFX One Stop Market Centre | NDD Broker
The outlook for the EUR/USD is bearish. But pair is expecting to first go up and test its resistance at 1.2836 level. If EUR/USD fails to break 1.2836 level and H4 candle close below this level then pair will start moving downward and target its support at 1.2750 level. This scenario can be vanished, If pair breakthrough its resistance and H4 candle close above 1.2836 level then pair will go up and target 1.2880 level.
High impact News can affect the trend of EUR/USD. News like Unemployment Claims.
GBP/USD H4
GBP/USD will test its resistance at 1.5177 level today. Pair can get a pull back from this zone, If pair didn’t manage to break its resistance 1.5177 level and H4 candle close below this level. It will then indicate Cable is in bearish strength and pair will then fall towards south.
On the other hand. If GBP/USD break its resistance and H4 candle close above 1.5177 level then pair will continue bullish trend and target 1.5255 level.
high impact Data can affect the movement of GBP/USD. Data like Unemployment Claims.
AUD/USD H4
Aussies is currently trading at 1.0427 level. We are expecting pair to continue its bearish trend and test its support at 1.0390 level. Price action on this level should be carefully watch. As rate is at last Bollinger so trend for the pair is not so clear.
But if AUD/USD manage to break 1.0390 level and H4 candle close below it, then pair will further move towards 1.0360-45 level respectively. On the contrary, If AUD hold its support 1.0390 level and H4 candle close above support level, then pair will have bullish strength which will take pair northward and target resistance at 1.0493 level.
High impact News can change the scenario. News like Unemployment Claims.
USD/CHF H4
USD/CHF is testing its support at 0.9520 level. Price action on this level is important to watch. If pair manage to give a closure of H4 candle below this point, then pair is expecting to continue its bearish trend.
The scenario can be change, if USD/CHF hold this support level and H4 candle close above 0.9520 level. It will then allow pair to further move upward.
High impact Data of USD can affect the pair. Data like Unemployment Claims.
Source: UMOFX One Stop Market Centre | NDD Broker
