ForexPeoples Daily Technical Analysis for The Majors

[FP Representative]

Daily Technical Analysis for Thursday, May 7, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
can likely downward correction in EURUSD if the buyer can continue upwards to fibo 1.1369. sell with sl above 1.1369 is a great idea.

GBPUSD
GBPUSD is still sideways - the price movement is still weak - we see it still between 1.5150 to 1.5290. ignore it first.

USDJPY
good sell as 119.20 in USDJPY can be broken through from above.

USDCHF
Further downtrend may continue downwards when USDCHF continue to below fibo 0.9115 later.

Regards.

[FP Representative]

Daily Technical Analysis for Friday, May 8, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
it would be advisable to seek sell op in the EURUSD pair if the price success breaks to down Fibo at 1.1237. stoploss to sell can we set above 1.1391.

GBPUSD
take buy op in GBPUSD is still ok but with small tp because we see that the price is had so near approaching a supply zone at 1.5590. it means, if the buyer fails to penetrate continue upward 1.5590, the downward correction price is possible happen here later.

USDJPY
be good to buy when the movement of the USDJPY pair has proven successful breaks up 119.86.

USDCHF
it would be nice to find op buy in this USDCHF pair - because there is a bullish pinbar candle yesterday. the initial buy doing when price further could break up 0.9226.

Regards.

[FP Representative]

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

EURUSD
sell will likely very good idea for EURUSD - early sell is if the price from above can be successfully breaks down Fibo at 1.1181 (MA 100 near the yellow line). sl above 1.1276.

GBPUSD
could have the opportunity to correction down for GBPUSD pair - the last price has touched the supply zone at 1.5522. will likely correction to down if a buyer is not able to penetrate up strong supply 1.5522.

USDJPY
still pretty strong down trend will continue to exist here. good sell if the USDJPY can continue down fibo 119.58.

USDCHF
today, USDCHF trend still continue to bullish, would be good to buy op when the strong buyer is really successful breakthrough to the top of fibo 0.9322.

Regards.

[FP Representative]

Daily Technical Analysis for Tuesday, May 12, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
The EURUSD trend is likely to continue to be down. see that tcci 20 already red, and if a strong seller today could break down to fibo 1.1130, then take the sell op is a good idea later.

GBPUSD
for GBPUSD - we can see that the pair have opportunity to become downward correction if the buyer has not been able to continue break to above the MA 200 near 1.5612. thus, we can take sell but SL must set at above the MA 200 (SL above 1.5612).

USDJPY
The USDJPY pair is clear that prices are being kept to nice bullish and buy for this pair today. since this morning, buyers have been able to break to top of fibo 120.14, then this good to buy with nearest TP at 120.40.

USDCHF
would be nice to keep looking for buy op in this USDCHF pair. tcci 20 already green. if price break to above 0.9353, then there we start taking buy op here.

Regards.

[FP Representative]

Daily Technical Analysis for Wednesday, May 13, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
for EURUSD pair - now being sideways. The sideways zone is between 1.1134 to 1.1278. ignore it and could take a new op when the price is able to get out of that sideways zone boundary.

GBPUSD
because GBPUSD now already in near supply zone 1.5710, then of course there will be the possibility of price correction first to down (during) the buyer in this pair has not been able to continue bullish / still can not breakup to the top of the strong supply (1.5710).

USDJPY
chances for the prices to down is here (for USDJPY) - ie the initial sell if price can break down to fibo 119.78.

USDCHF
only consolidation when motion is still weak at this USDCHF - price still exist between 0.9210 to 0.9357. ignore and don't take buy if the buyer still can not continues to be through to the top of 0.9357 later.

Regards.

[FP Representative]

Daily Technical Analysis for Thursday, May 14, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
Will be a chance for correction to the bearish at EURUSD (during) the buyer has not been able to pass the motion up through 1.1382.

GBPUSD
a big trend is still to bullish. but the downward correction may occur in the GBPUSD pair (if) the price movement still remained under supply (1.5768).

USDJPY
for USDJPY - we see there will be opportunities down the sustainable if price able to continue to break through to the bottom of fibo at 119.03. as we see that there is now price continue to below MA 100.

USDCHF
can still likely to downtrend. and it would be nice sell if sellers in USDCHF continued downward able to break through 0.9152.

Regards.

[FP Representative]

Daily Technical Analysis for Friday, May 15, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
despite bullish trend is still here but already weakened. EURUSD pair will still be good to buy when the breakup prices happens to above 1.1444.

GBPUSD
We've seen weak bullish on GBPUSD - in advance, the price correction to down can happen when a strong seller translucent continue downwards to fibo 1.5728.

USDJPY
be nice to sell - only if the price movements in USDJPY today successfully breaks down to bellow strong Fibo at 118.88.

USDCHF
simply called only consolidation when there is a price motion remains weak at USDCHF between 0.9077 to 0.9176. ignore it.

Regards.

[FP Representative]

Daily Technical Analysis for Monday, May 18, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
we see the EURUSD pair is still moving to bullish. we can plan buy op when a breakup occurs op to above fibo 1.1466 today.

GBPUSD
we would suggest you to look for a sell op on GBPUSD if 1.5701 can be penetrated from above. there stoploss above 1.5808.

USDJPY
The USDJPY prices is are very high volatile (between 119.15 to 119.92). Just ignore it.

USDCHF
only consolidated for this USDCHF pair. not good for take new op when the price still between 0.9113 to 0.9253. but breakup at 0.9253 would be nice to start buy op later.

Regards.

[FP Representative]

Daily Technical Analysis for Tuesday, May 19, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
very clear that the EURUSD continues downward. sell now, because strong seller has been able in a translucent 1.1298.

GBPUSD
it would be nice to find sell op on GBPUSD as we see strong seller on further can breaks down 1.5637.

USDJPY
would be nice if today's buyer at USDJPY continues upward motion to 120.03.

USDCHF
great for buy op in USDCHF pair is because buyers have been successfully break up the intraday high at 0.9263.

Regards.

[FP Representative]

Daily Technical Analysis for Thursday, May 21, 2015 - by ForexPeoples.Com | using Daily-TF chart.

EURUSD
still a strong trend to down. good to sell at EURUSD - when the fibo 1.1061 able breached by a strong seller later.

GBPUSD
continue to downtrend and a good sell for GBPUSD - early sell when the pair break to below 1.5472.

USDJPY
great for sell op in this USDJPY pair with a sl above the 121.47 (near supply).

USDCHF
only consolidated for USDCHF pair - don't make a new op when prices still exist between 0.9335 to 0.9404.

Regards.