Showing posts with label EURUSD OUTLOOK. Show all posts
Showing posts with label EURUSD OUTLOOK. Show all posts

Tuesday, 15 January 2019

DAILY FOREX OUTLOOK | EURUSD GBPUSD

EURUSD GBPUSD TECHNICAL AND FUNDAMENTAL OUTLOOK 

EURUSD OUTLOOK

EURUSD is making higher high and higher low on a daily charts it is given a breakout from a long consolidation but failed to sustain above that resistance levels, all momentum indicators are in buying zone hence we suggest a buy on dips strategy
Major Support is at 1.14500 and Resistance is at 1.15700



GBPUSD OUTLOOK 

GBPUSD after a long consolidation on a daily charts it has moved out of a trading range now it seems a range is expanding on a long side it has also given a breakout of a double bottom pattern, all momentum indicators suggesting a buy hence we recommend a buy on dips strategy
Major resistance is at 1.29275 and support at 1.28125



FUNDAMENTAL NEWS


USD/SEK to Rise on Political Gridlock - Swedish Snap Election
AUD/JPY Resistance Held on Latest US China Trade, Brexit News
FX Week Ahead: Brexit Vote; Inflation Data from Canada, Japan, & UK
AUD/USD Open Range Favors Flash-Crash Rebound Amid Shift in Sent
GBP up Before Brexit Storm, EUR Resilient, AUD Underperforms - US Market Open.





Tuesday, 8 January 2019

FOREX MARKET OUTLOOK | TRADEWORLD 247



EURUSD is trading between its consolidation phase between 1.1200-1.1500. Currently pair is trading at 1.1440. Nearby support and resistance are at 1.1310 and 1.1485.We are expecting upside movement in this pair today. For short term traders it is advised that they should keep adding their positions in long side on every dip in pair.


UPCOMING IMPORTANT DATA



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