Daily Technical Analysis for Wednesday, August 19, 2015 - by ForexPeoples.Com | using Daily-TF chart.
EURUSD
bearish trend could still continue in a strong Fibo 1.1016 - sell EURUSD if 1.1016 can be broken from the top.
GBPUSD
Bullish Engulfing Pattern candle in GBPUSD yesterday formed. We suggest to consider a buy opportunity. and a great buy when prices break above 1.5716.
USDJPY
for USDJPY - we still refer to the flat when the pair continues to move in a narrow zone of 124.17 to 124.51. ignore it first.
USDCHF
only flat for USDCHF pair when the price movement remains weak between 0.9750 to 0.9794. ignore.
Regards.