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EUR/USD : Daily Analysis from Forex Instructor

EURUSD Forecast. 29/9/2016

EU2992016_zps93f28cc9.png

The EURUSD was indecisive yesterday. Price slipped below 1.1200 but unable to stay consistently below that area so far. From a H4 chart perspective as you can see on my H4 chart below, price has been moving sideways between 1.1350 – 1.1125 for the last six weeks and we need a clear break from that range area to see clearer direction. The bias is neutral in nearest term.

Immediate resistance is seen around 1.1275. A clear break and daily close above that area could trigger further bullish pressure testing 1.1350 which remains a good place to sell with a tight stop loss. Immediate support is seen around 1.1200. A clear break below that area could trigger further bearish pressure testing 1.1125 which is a good place to buy with a tight stop loss. Overall I remain neutral.
 
EURUSD Forecast. 3/10/2016

EU3102016_zps9b7df4ed.png

The EURUSD was indecisive last week formed a Doji on weekly chart. The bias is neutral in nearest term. Immediate resistance is seen around 1.1275. A clear break above that area could trigger further bullish pressure testing 1.1350 which is a good place to sell with a tight stop loss.

Immediate support is seen around 1.1200 – 1.1180. A clear break below that area could trigger further bearish pressure testing 1.1125 region which is a good place to buy with a tight stop loss. Overall I remain neutral as price has been moving sideways without clear direction in the last few months.
 
EURUSD Forecast. 4/10/2016

EU4102016_zps0330c732.png


The EURUSD didn’t make significant movement yesterday. The bias remains neutral in nearest term. From another technical perspective as you can see on my H4 chart below, price found good support at 1.1125 but keep making lower highs since fell from 1.1350, creating a potential descending triangle bearish formation if breaks below 1.1125.

Immediate resistance remains around 1.1275. A clear break above that area could trigger further bullish pressure testing 1.1350 which remains a good place to sell with a tight stop loss. Immediate support is seen around 1.1200 – 1.1180. A clear break below that area could trigger further bearish pressure testing 1.1125 region. Overall I remain neutral.
 
EURUSD Forecast. 5/10/2016


The EURUSD attempted to push lower yesterday bottomed at 1.1137 but closed higher at 1.1201. The bias is neutral in nearest term probably with a little bullish bias testing a trend line resistance as you can see on my H4 chart below located around 1.1275 region. A clear break and daily close above that area could trigger further bullish pressure testing 1.1350 which remains a good place to sell.

Immediate support is seen around 1.1180 but key support remains at 1.1125. Overall I remain neutral. Buy at supports and sell at resistances is the best strategy in this choppy market.
 
EURUSD Forecast. 6/10/2016

EU6102016_zps6743cf55.png

The EURUSD had another indecisive movement yesterday. As you can see on my H4 chart below price still move below the trend line resistance. Key support remains around 1.1125. A clear break and daily close below that area could trigger further bearish pressure testing 1.1050 or lower.

Immediate resistance is seen around 1.1275. A clear break above that area could trigger further bullish pressure testing 1.1350 region which remains a good place to sell. Overall I remain neutral. Buy at supports and sell at resistances is the best strategy in this choppy market.
 
Bagus analisis tapi maybe ramai member yg kurang faham English.

Rekemen klau ada dwibahasa dlm BM as well.
 
Bagus analisis tapi maybe ramai member yg kurang faham English.

Rekemen klau ada dwibahasa dlm BM as well.



Thread dia ni tak interaktif. Orang
duk komen2 pun tt nya buat dunno jer.



.
 
Bagus analisis tapi maybe ramai member yg kurang faham English.

Rekemen klau ada dwibahasa dlm BM as well.

Harap maaf tuan, InshaAllah dalam minggu depan kami akan berikan dalam Bahasa Inggeris dan Melayu@Dwibahasa.. :)cgrock
 
Thread dia ni tak interaktif. Orang
duk komen2 pun tt nya buat dunno jer.



.

Maaf ye tuan, kadang2 kami tak perasan ada komen2 yang masuk. InshaAllah lepas ini kami akan lebih peka.

Terima kasih tuan. :)cgrock
 
EURUSD Forecast. 7/10/2016

EU7102016_zpse113ad4f.png

The EURUSD had a bearish momentum yesterday bottomed at 1.1139 and slipped below 1.1125 key support as you can see on my H4 chart below. The bias is bearish in nearest term. Price is in critical point. A clear break and consistent movement below 1.1125 would expose 1.1050 – 1.000.

Immediate resistance is seen around 1.1150. A clear break back above that area could lead price to neutral zone in nearest term testing 1.1200 or higher. Overall I remain neutral.
 

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Currency
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EUR / USD
1.15440
USD / JPY
160.120
GBP / USD
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0.79730
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184.843
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