ForexPeoples Daily Technical Analysis for The Majors

[FP Representative]

Daily Technical Analysis for Thursday, February 26, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
we see that the EURUSD pair are likely to continue bullish movement. important price levels for today at 1.1388. breakup at 1.1388, will open up new avenues for the price to be able to continue bullish trend later.

GBPUSD
bullish look strong for the GBPUSD pair now. we see that the strong buyer today has been able breakup up 1.5538. tcci 20 also supports this bullish movement, tcci line 20 is still green (now).

USDJPY
Now, the USDJPY pair still looks consolidation. price moves very slowly and with a small range between 118.62 to 119.06. but if 118.62 can be penetrated from the top, it will be nice to sell op.

USDCHF
only consolidated for USDCHF but could have the opportunity to bearish if 0.9464 can be penetrated by a strong seller today.

Regards.

[FP Representative]

Daily Technical Analysis for Friday, February 27, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
bearish on EURUSD is weak (though on it big trend, we see that trend in this pair is still kept to be downtrend). but a bullish correction could happen here (during) price move still above that demand zone (above 1.1183).

GBPUSD
this GBPUSD trend is more visible to the downtrend. would be nice to start op sell today, if strong seller can able to continue to be breaks down to more down - to strong Fibo at 1.5392. down motion is supported by the previous d1 candle conditions which also looks nice down. maximum stoploss to sell that we can place is on top of 1.5552.

USDJPY
The USDJPY trend could continue to bullish. we will start recommending you to take op buy here, if the today price is truly has strong upwards to more up Fibo 119.50.

USDCHF
very good to keep looking op for buy op on this USDCHF - initial buy is if the price continues to be able to move broke into the top of fibo 0.9545 (near ma 100 yellow). we also can see that the line is already green for tcci 20 and its clear supports for bullish movement on this pair.

Regards.

[FP Representative]

Daily Technical Analysis for Monday, March 2, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
down movement is still strong in EURUSD - candle on last Friday was very clear bearish (it is bearish pinbar candle), so plan sell op in this pair is a good idea if the seller continues downwards 1.1176.

GBPUSD
for GBPUSD trend now is to be kept down. will ok sell if the strong seller can continue to move further down 1.5383. tcci 20 has red lines, it clearly supports down.

USDJPY
this USDJPY pair is more visible continues to be able to over 119.79. buy op would be ok if 119.79 can be penetrated from below.

USDCHF
for USDCHF pair - it was obvious that the pair is likely to continue bullish if today's strong buyers can penetrate up 0.9545. as Notice that, on last Friday the candle is bullish pinbar candle.

Regards.

[FP Representative]

Daily Technical Analysis for Tuesday, March 3, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
for EURUSD look to continues downward. we suggest you to continue watch for nice sell and now pay attention to this pair (to breakdown at 1.1159). breakdown at 1.1159 would be ok to be start for sell later.

GBPUSD
for GBPUSD trend now can continues to be downwards. will be ok sell when the price actually had been able to down more fibo 1.5347.

USDJPY
still strong to bullish, we would be a good buy for USDJPY if the buyer continues to be upwards more up 120.19 today.

USDCHF
still good to plan buy op for this USDCHF - initial buy is when the price had breakup (upwards) more to above 0.9596.

Regards.

[FP Representative]

Daily Technical Analysis for Wednesday, March 4, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
upward correction may occur in EURUSD (as long as the price movement is still holding above strong Fibo 1.1154).

GBPUSD
for the GBPUSD pair - until now the pair is likely to continue downtrend. would be nice to sell again if today strong seller is able to successfully penetrate more down price at strong fibo 1.5341. use stop losses to sell. sl for sell can be set at above 1.5403.

USDJPY
for USDJPY - until now still looks likely to continue to downtrend. would be ok sell if today a strong seller proven to be able to move down and are able to penetrate to strong Fibo at 119.37 (from top).

USDCHF
bullish trend is still strong at USDCHF pair - for today's trading plan is good to take buy op if buyers proven have been able to continue moving upwards to more strong Fibo 0.9617.

Regards.

[FP Representative]

Daily Technical Analysis for Thursday, March 5, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
can not be denied that the trend at EURUSD is being kept down. The important fibo level to note is below fibo 1.1061. in other words, if we want to sell again at this pair, then make sure the fibo at 1.1061 was already able translucent by strong seller (today).

GBPUSD
can better for sell op on this GBPUSD if true today strong seller has to be able to continue to breakdown more below fibo 1.5251. Yesterday candle was very supportive for this downtrend motion.

USDJPY
we would recommend you to look for sell op at USDJPY if strong seller on further can move down more 119.46. stoploss to sell can be place on top of 119.82.

USDCHF
downward correction, it could happen on this pair USDCHF - if the buyer still has not been able to break through and hold above that intraday high 0.9679.

Regards.

[FP Representative]

Daily Technical Analysis for Friday, March 6, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
this EURUSD - although major trend is still bearish, but pair could be a correction to the bullish (as long as price still move and exist above 1.0987).

GBPUSD
just called sideways and not nice to take a new op at GBPUSD (if the price movement is still at range 1.5212 to 1.5269), ignore it.

USDJPY
there could be down for correction, during the motion of USDJPY pair remained bellow 120.39.

USDCHF
still strong bullish. we can take buy again if the motion of buyers at USDCHF today has been successful up to fibo 0.9748.

Regards.

[FP Representative]

Daily Technical Analysis for Monday, March 9, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
this EURUSD pair still downtrend. this morning, strong sellers have been able to penetrate more more bellow intraday low area at near strong fibo 1.0839, it indicates that pair still have a chance to continue downtrend.

GBPUSD
Although the major trend here is still downward (at GBPUSD pair), but occasionally this pair could potentially bullish for correction (during) the price movement there remained at above 1.5031.

USDJPY
this USDJPY pair condition is still bullish. but if we want to take a new buy op again today, just make sure (first) that fibo near 121.28 (near the intraday high) is already capable translucent by strong buyers today.

USDCHF
for USDCHF pair - until now obvious that this pair could continue to potentially bullish. important fibo to note is above 0.9865. breakup at 0.9865 will pave the way for buyers to be able to continue to move upwards.

Regards.

[FP Representative]

Daily Technical Analysis for Tuesday, March 10, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
downward pressure still looks strong for EURUSD - it was obvious until now, the pair is still down. sell again if the price has been break through to the bottom fibo 1.0821.

GBPUSD
we'll just keep calling consolidated for GBPUSD (during the motion of this pair still exist between the 1.5032 up to 1.5137. Ignore it if the price is still at that zone.

USDJPY
The USDJPY bullish also looks still strong. since this morning, the buyer has successfully moved on up to 121.41, this gives us a good chance to look for another way for buy here now.

USDCHF
The USDCHF is bullish and still strong bullish we see. And would be ok to buy if the price continue upward more above 0.9873 today. do not forget to set a stop loss below 0.9823.

Regards.

[FP Representative]

Daily Technical Analysis for Wednesday, March 11, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
bearish on EURUSD is still here, but slightly weaker after we saw today seller has not been able to penetrate down to fibo 1.0667. correction to above may occur and it will better to take a buy but with small tp. and most importantly, use stoploss below 1.0667. because if 1.0667 been able to penetrate with strong down move, then the chances of a downtrend will play again here.

GBPUSD
still consolidation for GBPUSD pair - price movement still exist between 1.5028 to 1.5129. not good for new trade if price still at that zone. but then if price able to get out from that zone, then please take a new op according to the direction of motion prices (upwards or downwards from the zone). it is easy.

USDJPY
at yesterday, we get bearish pinbar candle at this USDJPY pair. so, today is wise to seek opportunities for sell op. Good sell better to be beginning if the seller is able to more down to below fibo 120.91.

USDCHF
although big trend for USDCHF pair is still bullish, but this pair could have been downward correction (during prices move still continue and survive move under 0.9999).

Regards.