Thursday, May 7, 2015

eur/usd sell and buy stop

eur/usd sell stop at 1.1288
tp 1.1200
sl 1.1340

eur/usd buy stop at 1.1370
tp1.1450
sl 1.1320

gbp/usd buy and sell stop

gbp/usd sell stop at 1.5200
tp 1.5150
sl 1.5250

gbp/usd buy stop at 1.5300
tp 1.5400
sl 1.5250

daily support and resistance


gbp/usd can touch 1.5400

The GBPUSD continued its buy momentum yesterday topped at 1.5290 point. The bias is bullish in nearest term testing 1.5350 – 1.5400 point.if 1.5400 touch so market again go uptrend. Immediate support is seen around 1.5200 – 1.5170 point . A clear break below that area could lead price to neutral zone in nearest term  as direction would become unclear.
finally and normally i prefered market go buytrend.

eur/usd can touch 1.1450

The EURUSD had a buy momentum yesterday topped at 1.1369 point. The bias remains buy in nearest term testing 1.1450 – 1.1525 point. Immediate support is seen around 1.1288 point. A clear break below that area could lead price to neutral zone in nearest term testing 1.1200 point 
but overall I remain buy and any downside pullback now should be seen as a good opportunity to buy.

Wednesday, May 6, 2015

gbp/usd analysis

The GBPUSD had a bullish momentum yesterday topped at 1.5217 but closed lower at 1.5177. The bias is neutral in nearest term probably with a little bullish bias testing 1.5280. Immediate support is seen around 1.5150. A clear break below that area could trigger further bearish pressure testing 1.5100 or lower. As you can see on my hourly chart below, price is struggling around the lower line of the bullish channel. I still prefer a bullish scenario, but would stand aside for now and wait for a consistent movement back above 1.5280/50 to reactivate my bullish mode.

daily support and resistance


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