EUR/US - Signal

EUR/US - over 1.1610 will indicate the presence of buyers. If this creates enough upside momentum then we could see a rally into the 50% level at 1.1702. Good luck trading

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EUR/US Signal

EUR/US move over 1.1702 will signal the presence of buyers. The first target is a short-term downtrending angle at 1.1732.

EUR/US Signals

With current price at 1.1783 and the earlier price action, the direction of the EUR/USD the rest of the session is likely to be determined by trader reaction to the uptrending angle at 1.1801.

Move under 1.1801 will indicate the presence of sellers. The daily chart indicates the next target angle comes in at 1.1731. This is the last potential support angle before the 1.1661 main bottom. Happy Forex Signals

EUR/US - Forex Signals

Momentum takes it higher then look for a move into a short-term 50% level at 1.1965, an downtrending angle at 1.1972, followed by a short-term Fibonacci level at 1.1995. Taking out 1.1995 will indicate the buying is getting strong. Happy Forex Traders

EUR/US - Forex Signals

Holding 1.1926 and overcoming the 50% level at 1.1958 will signal the presence of buyer. This could drive the market into an uptrending angle at 1.1983. happy Forex Signals

EUR/US - Trading Signals

A move under 1.1947 will signal the presence of sellers. This could drive the market into 1.1866, 1.1823 and 1.1817.

Look out to the downside if 1.1817 fails as support.

Forex Signals

EUR/US - Forex Signals

Sustained move under 1.1714 will indicate the presence of sellers. This could trigger an acceleration into the main 50% level at 1.1611.

AUD/US - Forex Signals

I believe in the volatility showing opportunities to go long of the Aussie as it should continue to be a strong currency due to gold and of course the shrinking US dollar longer term.

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EU/US: Forex Signal

Based on the current price at 1.1370, the EUR/USD is in a position to challenge the 50% level at 1.1379. This is followed by a resistance cluster at 1.1394 to 1.1395. 

Forex Signals - EUR/US

EUR/US: on the current price at 1.1210 and the earlier price action, the direction of the EUR/USD the rest of the day is likely to be determined by trader reaction to an uptrending angle at 1.1239 and a downtrending angle at 1.1209.Happy Forex Signals

Forex Signals - EUR/US

The EUR/USD is currently trading at 1.1177. The upside momentum suggests traders are likely to make a run at the next long-term downtrending angle at 1.1212. We could see a technical bounce on the first test of this angle, but it is also the trigger point for another acceleration into the main top at 1.1299. Happy Forex Signals

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Forex Signals - EUR/USD (Euro to Dollar) Forecast

EUR/US holding 1.0932 could trigger an intraday rebound rally back to 1.0985 then 1.1022. There is plenty of room to the upside if this price is taken out since the next resistance doesn’t come in until 1.1142.

If 1.0932 fails as support then look for a fast move into an up trending angle at 1.0881. We could see a technical bounce on the first test of this angle. It is also the trigger point for an acceleration to the downside with the next major target 1.0819. Good luck!

Forex Signals - GBP/USD Fundamental

Looking ahead to the rest of the day, apart from the NFP and wages data, we also have a few Fed members, including the Fed Chief Yellen, making a speech today and all these events should guarantee enough volatility in the markets. A break of support could open up 1.28 in the pair while some bad data could open up 1.30. Happy Forex Signals

Forex Signals - EUR/USD Technical Analysis

Based on the current price at 1.0914, the direction of the EUR/USD today will be determined by traders reaction to the main Fibonacci level at 1.0932.

Sustained move under 1.0932 will indicate the presence of seller postions. The daily chart indicates there is plenty of room to the downside with the next target a support cluster at 1.0821 to 1.0819.

Overtaking 1.0932 will indicate the buying is getting stronger. Taking out 1.0950 could trigger an acceleration into the long-term downtrending angle at 1.0996.

Watch the price action and read the order flow at 1.0932. Trader reaction to this level will set the tone for the day. Happy Forex Signals

Forex Signals- EUR/USD Awaits News Providing Technical Direction

Eur/US despite the last 6 sessions of consolidation, the EUR/USD remains in a short term uptrend. As displayed in the graph below, the pair remains trading well over both its 10 day EMA at 1.0854 and 200 day MVA at 1.0772. If prices continue to go higher, traders should watch for the EUR/USD to remain supported above 1.0854 and attempt to breakout above last week’s high of 1.0951. Alternatively if the EUR/USD breaks out lower below 1.0854, traders should look for the pair to test last Monday’s low of 1.0820. Happy Forex Signal

Forex Signals - USD/JPY - Dollar to Japanese Yen

Forex traders will get the chance to react to Final Manufacturing PMI, ISM Manufacturing PMI, Construction Spending and ISM Manufacturing Prices. The ISM Manufacturing PMI report is expected to come in at 56.6, down from the previous 57.2.

Despite the number of U.S. reports, I think the direction of the market is likely to be controlled by how investors react to the situation in North Korea. Happy Forex Signals