ForexPeoples Daily Technical Analysis for The Majors

[FP Representative]

Daily Technical Analysis for Thursday, April 23, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
will likely ok to sell if the EURUSD continues to be move to below 1.0708. and looks candle of yesterday is bearish pinbar candle. support for bearish now.

GBPUSD
there is an opportunity to correction down in the GBPUSD - as long as the pair continues to persist move under 1.5085.

USDJPY
good to seek buy op in USDJPY - 119.96 has been able break by strong buyer from bottom. buy ok now.

USDCHF
The USDCHF pair is still strong enough to bullish. buy this pair since 0.9714 is true already breakup by strong buyer.

Regards.

[FP Representative]

Daily Technical Analysis for Friday, April 24, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
formed a nice Piercing Line Pattern & Bullish Engulfing Pattern candle in this EURUSD pair - clearly support for bullish. buy if the breakup occurs at 1.0845 with tp at 1.0906.

GBPUSD
could correction to be bearish when GBPUSD motion remained under 1.5070.

USDJPY
this USDJPY is good for sell when the price from above can penetrate to down fibo 119.42.

USDCHF
it would be advisable to look for sell in USDCHF if Fibo at 0.9529 can be penetrated from above.

Regards.

[FP Representative]

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

EURUSD
On Short-term, the EURUSD pair is still sideways when price movement still exists between 1.0784 to 1.0900. no new trade in that zone. buy op will be ok after the price can break to above 1.0900.

GBPUSD
we see - the GBPUSD is bullish then - because buyers have been able to succeed in breaking through to the top of MA 100 at 1.5157, then yes, there are opportunities will continue bullish on this pair and great to continue searching buy op here.

USDJPY
we look that down trend is still strong enough for this USDJPY pair. will good sell when strong seller can penetrate to down fibo at 118.82.

USDCHF
the price is still too weak and still sideways motion between 0.9509 (near MA 200) up to 0.9573 - just ignore it first, but if a strong seller in the USDCHF can penetrate to down 0.9509 (near the MA 200 - red line), then it will be good for sell op later.

Regards.

[FP Representative]

Daily Technical Analysis for Tuesday, April 28, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
for the EURUSD pair is called flat if the price movement is still weak there is between 1.0819 to 1.0928. ignore.

GBPUSD
we see the GBPUSD pair is still bullish due to the strong buyer since yesterday has been able to the top of MA 100 at 1.5183. and we can take buy today if the buyer can proceed break up to fibo 1.5261.

USDJPY
here is a chance for bullish correction first - during the USDJPY motion still at above 118.77. search buy is a great idea with sl under 118.77.

USDCHF
only still consolidation for the USDCHF pair if motion of the price is still weak moves between 0.9491 to 0.9582. but it would be nice to buy if 0.9582 can be penetrated from below.

Regards.

[FP Representative]

Daily Technical Analysis for Wednesday, April 29, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
here a chance for correction to down when a buyer in EURUSD still unable to break to above 1.0990. sell with SL above 1.0990.

GBPUSD
still strong to bullish. will be great for buy for the GBPUSD pair when the breakup occurred up 1.5343.

USDJPY
it would be advisable take sell op in USDJPY when strong seller today is successfully breaks down fibo 118.77.

USDCHF
it would be advisable to buy when the motion of buyers in USDCHF is able to continue to the top of MA 100 (near 0.9597) today.

Regards.

[FP Representative]

Daily Technical Analysis for Thursday, April 30, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
we see EURUSD pair could be a correction to the bottom and be good looking sell but with sl above 1.1187.

GBPUSD
there will be opportunities for down at GBPUSD - as the price bounced down after touching a strong supply zone at 1.5498. looking for a sell with stop loss above 1.5498 is a good idea now in this pair.

USDJPY
only consolidation when motion of USDJPY remains weak - we see price move here is between 118.58 to 119.36. ignore. and ok for buy if 119.36 can slip underneath later.

USDCHF
big trend for USDCHF is still to be down. but if we want to sell more in this pair, so make sure the seller can continue to break down fibo 0.9339.

Regards.

[FP Representative]

Daily Technical Analysis for Friday, May 1, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
correction to down could happen in this EURUSD pair (if) the buyer has not or is not able to break through to the top of MA 100 near 1.1265.

GBPUSD
here formed a double top candle near the supply zone (1.5492) in this GBPUSD pair. thus, a good plan for sell then if the price was right break down to fibo 1.5303. sl for sell can be set at above supply 1.5492.

USDJPY
from the view of some last D1 candle, then USDJPY could look to bullish. would be a good buy if price break to above 119.89 (MA 50).

USDCHF
nice for take sell op if seller in USDCHF successful breaks to down - to strong Fibo at 0.9306.

Regards.

[FP Representative]

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

EURUSD
here formed a pinbar bearish on EURUSD - clearly it would be nice to find sell op if a strong seller can penetrate all the way down 1.1174.

GBPUSD
we see the GBPUSD is very clear that the pair was down. we can sell in this pair when the pair may continue to break down to bellow MA 100 at 1.5114.

USDJPY
truly, as we can see from major trend, this USDJPY still looks to be more bullish again, if you want to buy here - then make sure the strong buyers can penetrate up to fibo 120.28.

USDCHF
here formed a bullish pinbar at USDCHF - so obviously will support a buy op when the price began to break up 0.9351.

Regards.

[FP Representative]

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

EURUSD
still good to keep looking for sell at this EURUSD pair at this time. Clear, that bearish Pinbar had formed in two days ago, it still supports the down motion, sell ok when prices break to below fibo 1.1122 today.

GBPUSD
sell op plan at GBPUSD is a great idea for today. now let's look at fibo near 1.5089 (near MA 100 - yellow line). If 1.5089 can be in translucent by prices from above, then it is a good start for op sell here.

USDJPY
this USDJPY pair looks to be still strong to bullish. we can buy here if the buyer can hold up / breakup to above 120.28.

USDCHF
still consolidated and not nice to take a new op in USDCHF when the price movement is still weak between 0.9312 to 0.9383. ignore it.

Regards.

[FP Representative]

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

EURUSD
Bullish Hammer candle in EURUSD could be a nice trigger to make bullish today here (though this is just bullish correction). would be a good buy if prices continue to move upwards 1.1222.

GBPUSD
only called consolidation for GBPUSD pair if the price movement of this pair is still moving weak between 1.5089 to 1.5217. ignore.

USDJPY
we would advise you to take sell op in USDJPY when the price is able to penetrate down to fibo at 119.73.

USDCHF
The USDCHF trend is still strong down. sell would be nice if the seller is able to break down to below fibo 0.9237.

Regards.