GBPUSD still in range 1.6090-1.6690
For Buy position, set BUY stop at 1.6700 for TP : 1.6900
And for Sell Position, set it at SELL Stop at 1.6080 for TP : 1.5900
Be carefull and have nice tradings.
Posted on 31st October 2008
Under: GBPForex Signal | No Comments »
GBP forex Technical Outlook
There are initial signs of a good corrective recovery towards 1.6516 or even 1.6618. Supports at 1.6285 and 1.6156 zone
- weekly : trend down
R3 : 1.6875
R2 : 1.6699
R1 : 1.6590
Pivot : 1.6413
S1 : 1.6237
S2 : 1.6128
S3 : 1.5951
Today prediction range Gbp/Usd : 1.5900-1.6700
|
Other Technical Outlooks
|
|
EUR-USD
|
Preferred view is for a fall to below 1.2680 while 1.2863 – 1.2988 area resists. A clear break of 1.3172 would be bullish.
|
|
USD-CHF
|
It may attempt a test higher to 1.1463 after which weakness may set it to a drift down to below 1.1274 limit.
|
|
USD-JPY
|
It may test to 99.50, and if break up, can up to 101.00
|
|
EUR-JPY
|
While below 125.82 or 127.57 it could fall towards below 124.07 or 121.3. After which a corrective/consolidation activity is expected to 128.96 zone
|
|
AUD-USD
|
While below 0.6895 it is more likely to fall further towards 0.6688 or 0.662. Premature rise above 0.6895 could see it rising above 0.7031 zone.
|
|
USD-CAD
|
It may meet resistance in 1.2012 – 1.2056 zone for a drift down to 1.1879 zone, after which bounce to 1.2134 is anticipated
|
|
EUR-CHF
|
While below 1.4673 or 1.4751 it could fall towards below 1.4594 or 1.4464. After which a corrective/consolidation activity is expected to 1.4816 zone.
|
|
EUR-GBP
|
Prefer a fall to 0.7853 or 0.7799. Then a correction to 0.7939 is anticipated. A clear break of 0.7734 is again bearish
|
|
S3 |
S2 |
S1 |
P |
R1 |
R2 |
R3 |
| EUR-USD |
1.2495 |
1.2683 |
1.2799 |
1.2987 |
1.3175 |
1.3291 |
1.3479 |
| USD-CHF |
1.1099 |
1.1204 |
1.1270 |
1.1375 |
1.1481 |
1.1546 |
1.1651 |
| USD-JPY |
96.39 |
97.12 |
97.57 |
98.30 |
99.03 |
99.48 |
100.21 |
| AUD-USD |
0.6479 |
0.6584 |
0.6650 |
0.6755 |
0.6860 |
0.6926 |
0.7031 |
| USD-CAD |
1.1700 |
1.1836 |
1.1920 |
1.2055 |
1.2191 |
1.2275 |
1.2410 |
| NZD-USD |
0.5667 |
0.5757 |
0.5812 |
0.5902 |
0.5992 |
0.6047 |
0.6137 |
| GBP-JPY |
154.66 |
157.27 |
158.89 |
161.50 |
164.12 |
165.73 |
168.35 |
| EUR-GBP |
0.7735 |
0.7800 |
0.7840 |
0.7906 |
0.7971 |
0.8011 |
0.8077 |
| EUR-JPY |
121.26 |
123.66 |
125.15
|
127.55 |
129.95 |
131.43 |
133.83 |
| EUR-CHF |
1.4463 |
1.4573 |
1.4640 |
1.4750 |
1.4859 |
1.4927 |
1.5036 |
Posted on 31st October 2008
Under: gbp/usd prediction | 2 Comments »
GBP forex Technical Outlook
One move lower to 1.6066 or 1.5735 is anticipated while below 1.6437 – 1.6602 area. Stop loss above 1.6807 zone.
- weekly : trend down
R3 : 1.6807
R2 : 1.6602
R1 : 1.6475
Pivot : 1.6269
S1 : 1.6063
S2 : 1.5936
S3 : 1.5731
Today prediction range Gbp/Usd : 1.6350-1.6000
|
Other Technical Outlooks
|
|
EUR-USD
|
Currently uptrend should end around 1.3112 – 1.3099 area. A correction down to below 1.2733 is expected. A rise above 1.3228 will abort the expected correction.
|
|
USD-CHF
|
Market should meet resistance at 1.1372. We expect then an extended move down to 1.1189 -1.0987 area
|
|
USD-JPY
|
There are initial signs of a good corrective recovery towards 98.53 or even 99.34. Supports at 96.72 and 95.72 zone.
|
|
EUR-JPY
|
Uptrend is still intact. It should continue to rally to 129.03 or 130.92 if supports at 125 area hold. We anticipate a pullback to 125 – 123.84 zone as part of a triangle whitin a bullish structure. Upper break of this triangle lies at 129.03 limit.
|
|
AUD-USD
|
While below 0.6873 it is more likely to fall further towards 0.6512 or 0.6417. Premature rise above 0.6873 could see it rising above 0.7063 zone
|
|
USD-CAD
|
Market should meet resistance at 1.24. We expect then an extended move down to 1.1948 -1.1607 area.
|
|
EUR-CHF
|
There are initial signs of a good corrective recovery towards 1.4705 or even 1.4755. Supports at 1.4590 and 1.4524 zone
|
|
EUR-GBP
|
It is likely to attempt nearer support at 0.7828 for extending further to below 0.7748 while below 0.7909 – 0.7957 area. Rise above 0.7997 would dampen this bearish expectation.
|
|
S3 |
S2 |
S1 |
P |
R1 |
R2 |
R3 |
| EUR-USD |
1.2495 |
1.2636 |
1.2722 |
1.2862 |
1.3002 |
1.3088 |
1.3228 |
| USD-CHF |
1.1039 |
1.1166 |
1.1244 |
1.1370 |
1.1497 |
1.1575 |
1.1701 |
| USD-JPY |
94.07 |
95.46 |
96.32 |
97.71 |
99.10 |
99.97 |
101.36 |
| AUD-USD |
0.6146 |
0.6322 |
0.6430 |
0.6605 |
0.6781 |
0.6889 |
0.7064 |
| USD-CAD |
1.1655 |
1.1939 |
1.2114 |
1.2398 |
1.2683 |
1.2858 |
1.3142 |
| NZD-USD |
0.5547 |
0.5652 |
0.5716 |
0.5821 |
0.5926 |
0.5990 |
0.6095 |
| GBP-JPY |
150.20 |
153.19 |
155.04 |
158.04 |
161.03 |
162.88 |
165.87 |
| EUR-GBP |
0.7747 |
0.7812 |
0.7852 |
0.7916 |
0.7980 |
0.8020 |
0.8084 |
| EUR-JPY |
119.06 |
121.32 |
122.72
|
124.99 |
127.25 |
128.65 |
130.92 |
| EUR-CHF |
1.4429 |
1.4514 |
1.4567 |
1.4653 |
1.4739 |
1.4792 |
1.4878 |
Posted on 30th October 2008
Under: gbp/usd prediction | 8 Comments »
GBP forex Technical Outlook
It should test 1.6123 area after which a sell off down to 1.5338 or extended to 1.4770 area is expected.
- weekly : trend down
R3 : 1.6897
R2 : 1.6491
R1 : 1.6240
Pivot : 1.5834
S1 : 1.5429
S2 : 1.5178
S3 : 1.4772
Today prediction range Gbp/Usd : 1.5140-1.6000
|
Other Technical Outlooks
|
|
EUR-USD
|
Overall structure is bearish. Decelerating momentum could attract it towards supports at 1.2506 or 1.2387. Major support is clustered around 1.2263 limit.
|
|
USD-CHF
|
Market looks set for gains towards 1.1804 or above in extension. Dips should find support at 1.1643 – 1.1590 zone.
|
|
USD-JPY
|
It should test 94.93 area after which a sell off down to 91.02 or extended to 87.39 area is expected.
|
|
EUR-JPY
|
It is likely to fall towards 106.54 unless a corrective rally breaks the 123.23 resistance. Stop above 126.39 zone.
|
|
AUD-USD
|
Overall structure is bearish. Decelerating momentum could attract it towards supports at 0.5925 or 0.5920. Major support is clustered around 0.5788 limit.
|
|
USD-CAD
|
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2844 or 1.3078 if support around 1.2668 hold. After which a pullback to 1.2668 – 1.2582 zone is possible.
|
|
EUR-CHF
|
It is likely to attempt nearer support at 1.4411 for extending further to below 1.4094 while below 1.4727 – 1.4888 area. Rise above 1.5046 would dampen this bearish expectation.
|
|
EUR-GBP
|
There are initial signs of a good corrective recovery towards 0.8056 or even 0.8103. Supports at 0.7915 and 0.7821 zone
|
|
S3 |
S2 |
S1 |
P |
R1 |
R2 |
R3 |
| EUR-USD |
1.2197 |
1.2392 |
1.2512 |
1.2707 |
1.2902 |
1.3023 |
1.3214 |
| USD-CHF |
1.1367 |
1.1468 |
1.1531 |
1.1632 |
1.1734 |
1.1796 |
1.1897 |
| USD-JPY |
87.27 |
89.99 |
91.68 |
94.40 |
97.13 |
98.81 |
101.54 |
| AUD-USD |
0.5646 |
0.5912 |
0.6076 |
0.6342 |
0.6607 |
0.6771 |
0.7037 |
| USD-CAD |
1.2272 |
1.2429 |
1.2526 |
1.2683 |
1.2839 |
1.2936 |
1.3093 |
| NZD-USD |
0.5184 |
0.5374 |
0.5491 |
0.5681 |
0.5871 |
0.5988 |
0.6178 |
| GBP-JPY |
128.71 |
136.70 |
141.64 |
149.64 |
157.64 |
162.58 |
170.57 |
| EUR-GBP |
0.7717 |
0.7829 |
0.8798 |
0.8009 |
0.8121 |
0.8190 |
0.8302 |
| EUR-JPY |
106.48 |
111.62 |
114.85
|
120.03 |
125.20 |
128.40 |
133.58 |
| EUR-CHF |
1.4089 |
1.4333 |
1.4484 |
1.4728 |
1.4972 |
1.5123 |
1.5367 |
Posted on 27th October 2008
Under: gbp/usd prediction | No Comments »
GBP forex Technical Outlook
It may meet resistance in 1.6262 – 1.6376 zone for a drift down to 1.5920 zone, after which bounce to 1.6495 is anticipated
- weekly : trend down
R3 : 1.6965
R2 : 1.6739
R1 : 1.6600
Pivot : 1.6375
S1 : 1.6150
S2 : 1.6011
S3 : 1.5785
Today prediction range Gbp/Usd : 1.6000-1.6400
|
Other Technical Outlooks
|
|
EUR-USD
|
It may meet resistance in 1.2852 – 1.289 zone for a drift down to 1.2741 zone, after which bounce to 1.2966 is anticipated
|
|
USD-CHF
|
While below 1.1725 it is more likely to fall further towards 1.1570 or 1.1522. Premature rise above 1.1725 could see it rising above 1.1820 zone
|
|
USD-JPY
|
Market should not go lower than 95.67. After this move down it should go up to 97.45 – 98.49 area
|
|
EUR-JPY
|
It may meet resistance in 125.57 – 127.23 zone for a drift down to 120.59 zone, after which bounce to 128.53 is anticipated
|
|
AUD-USD
|
Is expected to fall lower than 0.6533. Entry sell point are at 0.6778 or 0.6827 . Stop loss above 0.6827.
|
|
USD-CAD
|
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.2851 or 1.2907 if support around 1.2415 hold. After which a pullback to 1.2415 – 1.2323 zone is possible
|
|
EUR-CHF
|
It may meet resistance in 1.4952 – 1.4960 zone for a drift down to 1.4929 zone, after which bounce to 1.5014 is anticipated
|
|
EUR-GBP
|
While below 0.797 it is more likely to fall further towards 0.7858 or 0.7825. Premature rise above 0.7970 could see it rising above 0.8035 zone
|
|
S3 |
S2 |
S1 |
P |
R1 |
R2 |
R3 |
| EUR-USD |
1.2551 |
1.2680 |
1.2760 |
1.2889 |
1.3018 |
1.3098 |
1.3228 |
| USD-CHF |
1.1412 |
1.1490 |
1.1538 |
1.1616 |
1.1694 |
1.1743 |
1.1821 |
| USD-JPY |
95.14 |
96.41 |
97.20 |
98.47 |
99.75 |
100.53 |
101.81 |
| AUD-USD |
0.6531 |
0.6606 |
0.6653 |
0.6727 |
0.6802 |
0.6849 |
0.6924 |
| USD-CAD |
1.1921 |
1.2109 |
1.2226 |
1.2414 |
1.2602 |
1.2718 |
1.2906 |
| NZD-USD |
0.5642 |
0.5759 |
0.5831 |
0.5948 |
0.6064 |
0.6137 |
0.6253 |
| GBP-JPY |
151.23 |
155.15 |
157.57 |
161.50 |
165.42 |
167.84 |
171.76 |
| EUR-GBP |
0.7746 |
0.7801 |
0.7835 |
0.7890 |
0.7945 |
0.7980 |
0.8035 |
| EUR-JPY |
120.34 |
122.96 |
124.58
|
127.20 |
129.82 |
131.43 |
134.05 |
| EUR-CHF |
1.4731 |
1.4818 |
1.4871 |
1.4958 |
1.5044 |
1.5098 |
1.5184 |
Posted on 23rd October 2008
Under: gbp/usd prediction | No Comments »
GBP forex Technical Outlook
While below 1.7259 – 1.7336 it might drop to 1.6999 or below 1.6846 zone.
- weekly : trend down
R3 : 1.7670
R2 : 1.7512
R1 : 1.7415
Pivot : 1.7257
S1 : 1.7099
S2 : 1.7002
S3 : 1.6845
Today prediction range Gbp/Usd : 1.6900-1.7250
|
Other Technical Outlooks
|
|
EUR-USD
|
There is bearish potential for a fall to 1.3244 or 1.3145 while 1.3438 – 1.3487 resist. After this fall a recovery up to 1.3438 or 1.3487 is expected
|
|
USD-CHF
|
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1514 or 1.1645 if support around 1.1448 hold. After which a pullback to 1.1448 – 1.1411 zone is possible.
|
|
USD-JPY
|
Preferred view is for a fall to below 101.35 while 101.86 – 101.88 area resists. A clear break of 102.39 would be bullish.
|
|
EUR-JPY
|
While below 136.43 – 137.24 it might drop to 134.3 or below 132.68 zone
|
|
AUD-USD
|
Currently uptrend should end around 0.7083 – 0.7099 area. A correction down to below 0.6937 is expected. A rise above 0.7155 will abort the expected correction
|
|
USD-CAD
|
A corrective/consolidation activity between 1.1776 and 1.2115 is likely for a while.
|
|
EUR-CHF
|
It should trade higher to 1.5382 while 1.5307 or 1.5285 offers support. Stop loss below 1.5262 zone.
|
|
EUR-GBP
|
It should trade higher to 0.7811 or above 0.7842 in extention. Supports at 0.7737 and 0.7752. Stop loss below 0.7721 zone
|
|
S3 |
S2 |
S1 |
P |
R1 |
R2 |
R3 |
| EUR-USD |
1.3145 |
1.3237 |
1.3294 |
1.3387 |
1.3479 |
1.3536 |
1.3628 |
| USD-CHF |
1.1247 |
1.1323 |
1.1370 |
1.1446 |
1.1522 |
1.1569 |
1.1645 |
| USD-JPY |
100.81 |
101.21 |
101.46 |
101.86 |
102.27 |
102.52 |
102.92 |
| AUD-USD |
0.6828 |
0.6891 |
0.6929 |
0.6992 |
0.7054 |
0.7093 |
0.7155 |
| USD-CAD |
1.1636 |
1.1728 |
1.1785 |
1.1877 |
1.1968 |
1.2025 |
1.2117 |
| NZD-USD |
0.5982 |
0.6059 |
0.6107 |
0.6183 |
0.6260 |
0.6308 |
0.6385 |
| GBP-JPY |
170.20 |
172.34 |
173.67 |
175.81 |
177.95 |
179.28 |
181.42 |
| EUR-GBP |
0.7661 |
0.7695 |
0.7717 |
0.7751 |
0.7786 |
0.7807 |
0.7842 |
| EUR-JPY |
132.66 |
134.10 |
134.98
|
136.42 |
137.85 |
138.74 |
140.17 |
| EUR-CHF |
1.5184 |
1.5231 |
1.5259 |
1.5306 |
1.5352 |
1.5381 |
1.5427 |
Posted on 21st October 2008
Under: gbp/usd prediction | 3 Comments »