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29
Feb

Daily Forex Analysis Video 29th February 2016


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EURUSD fell further and broke below the bottom of a rising trend channel, as well as FR50% at 1.0946. There is still one last level for a probable rebound though – 1.0845, FR61.8%, and a key support level. In H4 chart, Fibonacci expansion, for measuring of exhaustion level, has been re-plotted...


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26
Feb

Daily Forex Analysis Video 26th February 2016


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EURUSD has begun to rebound from near bottom of a rising trend channel and FR50%, and a resistance turned support level at 1.0946.In H1 chart, price is seen a little exhausted and may retrace lower before appreciation. There is a possibility that price may resume depreciation after little appreciation, but...


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25
Feb

Daily Forex Analysis Video 25th February 2016


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EURUSD fell further towards the bottom of a rising trend channel based on D1 chart where FR50% coincides with, and pulled back right before it touches. In H4 chart, support level 1.0944 has been measured as 2nd exhaustion level based on Fibonacci Expansion, right at FR50% and bottom of the...


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23
Feb

Daily Forex Analysis Video 23rd February 2016


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EURUSD fell further towards the bottom of a rising trend channel based on D1 chart where FR50% coincides with. In H4 chart, support level 1.0944 has been measured as 2nd exhaustion level based on Fibonacci Expansion, right at FR50% and bottom of the rising trend channel based on D1 chart. Look...


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22
Feb

Daily Forex Analysis Video 22nd February 2016


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EURUSD was little changed at support level 1.1081 due to uncertainty over Brexit. The support level 1.1081 is also a key support level where price usually goes into a range based on past chart patterns. Look for buy opportunity as price touches support level 1.1081 again as the bottom of a...


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18
Feb

Daily Forex Analysis Report 18th February 2016


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EURUSD is seen appreciating within a rising trend channel based on D1 chart and is now expected to move sideways again based on previous chart pattern. Look for buy opportunity as price is expected to rebound as it touches the key support level at 1.1061, slightly above FR38.2%. GBPUSD was...


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17
Feb

Daily Forex Analysis Video 17th February 2016


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EURUSD is seen appreciating within a rising trend channel based on D1 chart and is now expected to move sideways again based on previous chart pattern. Price is expected to rebound as it touches the key support level at 1.1097 while it continues to trade sideways. In the H4 chart,...


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05
Feb

Daily Forex Analysis Video 5th February 2016


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AUDUSD seems a little exhausted and may go for a minor retracement before appreciating further. Price is expected to reach key resistance level 0.7750, FR38.2%, coincides with the top of a falling trend channel. Look for buy opportunity as price retraces to 0.7132, slightly below FR23.6%. NZDUSD is expected to appreciate...


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04
Feb

Daily Forex Analysis Video 4th February 2016


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AUDUSD is seen appreciating towards the of a channel where the top coincides with FR38.2% based on D1 chart at 0.7336. In the H4 chart, price is seen exhausted at the top of a rising trend channel as well as FR61.8%, suggesting that price may make major retracement before...


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02
Feb

Daily Forex Analysis Video 2nd February 2016


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AUDUSD may continue to appreciate further as part of a major retracement where 0.7170, FR61.8% based on D1 chart and slightly below the previously broken rising trendline, as a key resistance level for reversal. In the H1 chart, price attempted to break higher, but pulls back all the way...


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01
Feb

Daily Forex Analysis Video 1st February 2016


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AUDUSD is currently seen pulling away from depreciation.Price may continue to appreciate further as part of a major retracement where 0.7170, FR61.8% based on D1 chart and slightly below the previously broken rising trendline, as the key resistance level for reversal.In the H1 chart, price is seen falling from...