Technical Outlook For Eur-Usd 12-8-2015

Technical Outlook For Eur-Usd 12-8-2015

Eur/Usd pair moved yesterday in the average price movement of 128 Pips, it recorded the highest level at 1.1087 and the lowest at 1.0959 and closed at 1.1040 to Gain 22 Pips during yesterday’s trading according to the economic data.

The pair opened today at 1.1040 oscillatory between the 1.1023 and the 1.1063 levels during the Asian session in a trading average of 30 pips for the limitation of the market liquidity, and in the European session the pair went up to 1.1095

The pair is moving in a series of up impulse waves after breaking the wedge.

We saw the pair achieved our target at 1.1040

It is expected that the pair eur /usd will reach the targeted level at 1.1150 in the next few hours.

The Relative Strength Indicator "RSI" reveals the accumulation operations at the market and until Now we are seeing the control of Bulls on the market.

Medium term trend: up
Support levels: 1.0970 and 1.0900 and 1.0842
Resistance levels: 1.1098 and 1.1156 and 1.1226
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Technical Outlook For Eur-Usd 3-8-2015

Technical Outlook For Eur-Usd 3-8-2015

Eur/Usd pair moved last Friday in the average price movement of 193 Pips, it recorded the highest level at 1.1113 and the lowest at 1.0920 and closed at 1.0981 to Gain 50 Pips during Friday’s trading after we saw the consumer prices held steady.

The pair opened today at 1.0969 oscillatory between the 1.0965 and the 1.0988 levels during the Asian session in a trading average of 23 pips for the limitation of the market liquidity, and in the European session the pair went up to 1.0995

The pair is moving in a series of down corrective waves after breaking the parallel price channel.

It is expected that the pair Eur-usd will reach the targeted level at 1.1070 in the next few hours.

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and until

Now we are seeing the control of Bears on the market.

Medium term trend: Down

Support levels: 1.0896 and 1.0811 and 1.0703

Resistance levels: 1.1089 and 1.1197 and 1.1282

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Technical Outlook for GBPUSD 21-7-2015

Technical Outlook for GBP-USD 21-7-2015

Eur/Usd pair moved yesterday in the average price movement of 61 Pips, it recorded the highest level at 1.0869 and the lowest at 1.0808 and closed at 1.0821 to Lose 11 Pips during Yesterday’s trading after yallen’s speech about increasing the interest rate this year.

The pair opened today at 1.0821 oscillatory between the 1.0810 and the 1.0834 levels during the Asian session in a trading average of 24 pips for the limitation of the market liquidity.

The pair is moving in a series of down corrective waves above the ascending trend line, and we saw the pair fall down to lows again to test the trend line.

It is expected that the pair Eur/Usd will reach the targeted level at 1.0770 in the next few hours.

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and until

Now we are seeing the control of Bears on the market.

Medium term trend: Down

Support levels: 1.0796 and 1.0771 and 1.0735

Resistance levels: 1.0857 and 1.0893 and 1.0918

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