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Forex Analysis

Created by: FxsuccessBD | 0

EUR/USD one more drop to 1.1283 - 1.1271 is possible followed by a scrape higher to 1.1316 regions. Ex-High: 1.1321 Ex-Low: 1.1275 Supports and Resistance levels: Support 1: 1.1271 Supports 2: 1.1250 Resistance 1: 1.1316 Resistances 2: 1.1341 Pivot: 1.1296

Created by: FxsuccessBD | 0

GBPJPY Market Analysis: GBPJPY is trying to create a consolidation zone at 137 areas and yesterday got a support zone at 136.78 levels. According to H4 chart pattern this pair can take some upside momentum towards 137.4 areas where have diagonal support zone. And this level can be a profitable and high reliable short trade set up. As GJ currently going to through strong downside pleasure so our suggestion is to follow the trend and wait for the Sell Entry from 137.4 areas. PIVOT at a glance: R3: 1.35571, R2: 1.35133, R1: 134882 PIVOT: 1.34444, S1: 1.34193, R2: 1.33755, S3: 133504

Created by: FxsuccessBD | 0

EUR/USD must not go lower than 1.1283 - 1.1254. Following this move down it should go up to 1.1328 - 1.1344 regions. Ex-High: 1.1371 Ex-Low: 1.1281 Supports and Resistance levels: Support 1: 1.1254 Supports 2: 1.1223 Resistance 1: 1.1344 Resistances 2: 1.1403 Pivot: 1.1313

Created by: FxsuccessBD | 0

GBP/USD looks more possible that it would rise to 1.2734 - 1.2771 from 1.2679 or 1.2661. Following which a downside move is likely. Ex-High: 1.2735 Ex-Low: 1.2662 Supports and Resistance levels: Support 1: 1.2661 Supports 2: 1.2625 Resistance 1: 1.2734 Resistances 2: 1.2771 Pivot: 1.2698

EUR/USD likely decline should be supported around 1.1350 - 1.1329 regions for rally to above 1.1414. A clear break of 1.1307 will dent this accepted rally. Ex-High: 1.1393 Ex-Low: 1.1351 Supports and Resistance levels: Support 1: 1.1350 Supports 2: 1.1329 Resistance 1: 1.1392 Resistances 2: 1.1414 Pivot: 1.1371

Created by: FxsuccessBD | 0

EUR/USD stays below 1.1375 a fall to 1.1351 is likely. If market breaks the point 1.1385 it might achieve the sky. Ex-High: 1.1382 Ex-Low: 1.1348 Supports and Resistance levels: Support 1: 1.1351 Supports 2: 1.1333 Resistance 1: 1.1385 Resistances 2: 1.1400 Pivot: 1.1366

Created by: FxsuccessBD | 0

EUR/GBP current mount must end around 0.8968 or 0.8977. Objectives of this down move are 0.8943 or 0.8925. A grow above 0.8994 is yet again bullish. Ex-High: 0.8976 Ex-Low: 0.8941 Supports and Resistance levels: Support 1: 0.8943 Supports 2: 0.8925 Resistance 1: 0.8977 Resistances 2: 0.8994 Pivot: 0.8959

Created by: FxsuccessBD | 0

EUR/USD is expected to fall towards 1.1358 - 1.1347 as its corrective support could tail off in 1.1380 - 1.1390 area. Stop above 1.1412 regions. Ex-High: 1.1391 Ex-Low: 1.1344 Supports and Resistance levels: Support 1: 1.1347 Supports 2: 1.1326 Resistance 1: 1.1390 Resistances 2: 1.1412 Pivot: 1.1369

Created by: FxsuccessBD | 0

The Euro vs. the British Pound. These pair represent a cross between the two largest economies in Europe, the Euro Zone and the Unites Kingdom. The pair is greatly less volatile than other Euro or Pound based crosses because of the economic closeness and interdependence between the two. Changes in monetary policy between the Bank of England and the European Central Bank can make this pair extremely sensitive. According to the technical point of view, this pair gonna create a triangle pattern and the next destination should be 0.905 level where have diagonal resistance and physiological resistance zone. TRADE SUGGESTION: Wait until the price hit 0.904 level and go for short. The primary target can be 0.877 level.

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