Daily Market Analysis

EUR/USD H4

The outlook for the EUR/USD is bearish. But pair is expecting to first go up and test its resistance at 1.2836 level. If EUR/USD fails to break 1.2836 level and H4 candle close below this level then pair will start moving downward and target its support at 1.2750 level. This scenario can be vanished, If pair breakthrough its resistance and H4 candle close above 1.2836 level then pair will go up and target 1.2880 level.
High impact News can affect the trend of EUR/USD. News like Unemployment Claims.


GBP/USD H4

GBP/USD will test its resistance at 1.5177 level today. Pair can get a pull back from this zone, If pair didnt manage to break its resistance 1.5177 level and H4 candle close below this level. It will then indicate Cable is in bearish strength and pair will then fall towards south.
On the other hand. If GBP/USD break its resistance and H4 candle close above 1.5177 level then pair will continue bullish trend and target 1.5255 level.
high impact Data can affect the movement of GBP/USD. Data like Unemployment Claims.


AUD/USD H4

Aussies is currently trading at 1.0427 level. We are expecting pair to continue its bearish trend and test its support at 1.0390 level. Price action on this level should be carefully watch. As rate is at last Bollinger so trend for the pair is not so clear.
But if AUD/USD manage to break 1.0390 level and H4 candle close below it, then pair will further move towards 1.0360-45 level respectively. On the contrary, If AUD hold its support 1.0390 level and H4 candle close above support level, then pair will have bullish strength which will take pair northward and target resistance at 1.0493 level.
High impact News can change the scenario. News like Unemployment Claims.



USD/CHF H4

USD/CHF is testing its support at 0.9520 level. Price action on this level is important to watch. If pair manage to give a closure of H4 candle below this point, then pair is expecting to continue its bearish trend.
The scenario can be change, if USD/CHF hold this support level and H4 candle close above 0.9520 level. It will then allow pair to further move upward.
High impact Data of USD can affect the pair. Data like Unemployment Claims.

EUR/USD D1

EUR/USD have now support at 1.2750 level. If pair hold this level then EUR/USD is expecting to target 1.2870 level today. Price action on 1.2870 level should be watch. If pair manage to break this level and H4 candle close above 1.2870 level then, it will allow EUR to continue its uppish trend and target 1.2930 level.
On the contrary. If pair didn’t manage to hold its support 1.2750 level then EUR/USD will dropped rapidly towards south and that will indicate pair is in under pressure and pair will then target 100-150 pips towards south.


GBP/USD D1

Cable is expected to target 1.5260 level today. Bollinger bands are showing buy signals for the pair. At 1.5260 level, price action should be handle carefully. If pair break this level then it will move further upward and target 1.5300 level.
This scenario can be vanished. If Cable didn’t manage to break its resistance and H4 candle close below 1.5260 level. It will then indicate pair got bearish strength and GBP/USD will dropped towards south.


AUD/USD H4

Yesterday in late session Aussies targeted its support at 1.0390 level but didn’t manage to break this level. Now pair is expecting to move up and test its resistance at 1.0454 level. Bollinger bands are also providing buy signals for the pair.
There can be two scenario. First, if AUD/USD manage to break its resistance today and H4 candle close above resistance level, it will then indicate pair got move bullish strength that will take AUD further upward and target 1.0493 level.
Secondly, If pair fails to break its resistance and H4 candle close below 1.0454 level then pair will start moving toward south and target its support at 1.0390 level again.

EUR/USD D1

The trend for the pair is not clear yet because rate is at last Bollinger band. Today’s support is at 1.2750 level. EUR/USD is expected to face this level again. So we should watch price action on this level. If pair manage to breakthrough this level and give a day closing below 1.2750 level that will indicate pair is under pressure. On the other hand, If pair hold its support then it will take EUR/USD towards north and target its resistance at 1.2880 level.
High impact News of USD can affect the movement of EUR/USD. News like ISM Manufacturing PMI.


GBP/USD D1

The outlook for the pair is bearish for today. Pair is likely to test its support at 1.5080 level. Price action on this level should be handle carefully. Breakthrough 1.5080 level will allow pair to further dropped towards south and target 1.5020 level.
If GBP/USD manage to hold its support level and H4 candle close above this level then pair will get bullish strength and GBP/USD will then move towards northward.
High impact News can affect the move of GBP/USD. News like ISM Manufacturing PMI.


AUD/USD D1

Aussies is in bearish strength today. Pair is likely to test its support at 1.0360 level. Price action on this level should be carefully watch. If AUD/USD manage to break its support level and H4 candle close below this level then pair will continue its downward trend. On the contrary, If pair manage to hold its support 1.0360 and H4 candle close above this level then pair will start moving towards north and target 1.0455 level.
High impact News can change the scenario. News like ISM Manufacturing PMI, Cash Rate, RBA Rate Statement.



USD/CHF D1

USD/CHF is testing its support at 0.9520 level. Price action on this level is important to watch. If pair manage to give a closure of H4 candle below this point, then pair is expecting to continue its bearish trend.
The scenario can be change, if USD/CHF hold this support level and H4 candle close above 0.9520 level. It will then allow pair to further move upward.
High impact Data of USD can affect the pair. Data like Unemployment Claims.

EUR/USD H4

EUR/USD is currently testing its resistance at 1.2870 level. If pair manage to break this level and H4 candle close above 1.2870 level then pair will further move towards north. The scenario can be change if pair fails to break its resistance and H4 candle close below 1.2870 level then pair is expected to target 1.2800-750 level respectively.
High impact News of EUR can affect the move of pair. News like Italian Manufacturing PMI.


GBP/USD D1

Cable is currently testing its resistance at 1.5260 level. Price action on this level should be watch carefully. If GBP/USD manage to break its resistance and H4 candle close above 1.5260 level then pair will continue its bullish trend and target 15300-318 level respectively.
On the contrary, If H4 candle close below 1.5260 level, it will then show pair got bearish strength and GBP will then start moving towards south and target 1.5080 level.
High impact New of GBP can affect the movement o GBP/USD. News like Manufacturing PMI.


AUD/USD D1

The outlook for the pair is bullish for today. AUD/USD is expected to reached at 1.0493 level which is today’s resistance. Bollinger bands are also providing buy signals for the pair. Price action on 1.0493 level should be watch carefully. Break through resistance will provide more strength to Aussies and pair will then continue its uppish trend.
On the other hand, If pair fails to break 1.0493 level and give a day closure below this level then it will indicate pair got bearish strength, which will take pair southward to target 1.0390 level.
High impact News can affect the trend of AUD/USD. News like Trade Balance.



USD/CHF D1

USD/CHF is in bearish mood today. Pair will test its support at 0.9438 level. If USD/CHF manage to breakthrough this level , it will then allow pair to continue its bearish trend and test its next support at 0.9380 level. But if pair hold 0.9438 level and give a day closing above this level then pair is expected to move up again and target 0.9550 level.

EUR/USD D1

Yesterday EUR/USD target 1.2870 level but didn’t manage to overcome its resistance and dropped. The outlook remain bullish above 1.2750 level. If EUR/USD manage to hold this level then pair have potential to move up and target 1.2870 level again. The scenario can be change, if pair break through 1.2750 level and H4 candle close below support level then EUR will fall rapidly towards south.
High impact News can affect the movement of EUR/USD. News like ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI.


GBP/USD D1

Yesterday in late session cable got strong pull back and dropped upto 170 pips. GBP/USD is under pressure now. Pair will face its next support at 1.5020 level today. If pair manage to breakthrough its support level then GBP will continue its bearish trend. On the contrary, If pair manage to hold 1.5020 level and H4 candle close above 1.5020 level then pair will gain start moving upward.
High impact News can affect the trend of GBP/USD. News like Construction PMI, ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI.


AUD/USD D1

Aussies still have some strength to move up and test its resistance at 1.0493 level. Pair is expected to target 1.0493 level and then fall toward southward. Price action on this level should be carefully watch, If AUD/USD manage to break its resistance and H4 candle close above 1.0493 then pair will get more bullish strength and continue its uppish trend.
High impact News can affect the move of AUD/USD. News like ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI, Building Approvals m/m, Retail Sales m/m.



USD/CHF D1

USD/CHF is in bullish strength, pair will face its resistance at 0.9550 level. Price action on this level should be watch carefully. If pair manage to overcome on its resistance and H4 candle close above 0.9550 level then pair will target 0.9600 level. On the other hand, If pair fails to break its resistance and H4 candle close below resistance level, it will indicate bearish strength and USD/CHF will then target southward.
High impact News of USD can affect the pair. News like ADP Non-Farm Employment Change, ISM Non-Manufacturing PMI.


Source: UMOFX One Stop Market Centre | NDD Broker

EUR/USD D1

EUR/USD is trading in a range of 1.2880-1.2750 level. Break of any level will clear the trend. If EUR/USD manage to hold its key level 1.2750, then pair is expected to have bullish strength and target will be 1.3070 level. On the other hand, if EUR/USD didn’t manage to hold its support 1.2750 level. This will then indicate pair is under pressure and EUR will rapidly dropped towards 1.2700-650 level respectively.
High impact News can affect the movement of EUR/USD. News like Minimum Bid Rate, ECB Press Conference, Unemployment Claims, Fed Chairman Bernanke Speaks.


GBP/USD D1

Cable is currently testing its support at 1.5070 level. Price action on this level should be watch. If GBP/USD manage to break its support and H4 candle close below this level, then Cable will further dropped towards south and target 1.5000 level.
The scenario can be change, If GBP/USD manage to hold its support level and H4 candle close above 1.5070, then pair will start moving northward.
High impact News can affect the move of GBP/USD. News like Services PMI, Asset Purchase Facility, Official Bank Rate, MPC Rate Statement, Unemployment Claims, Fed Chairman Bernanke Speaks.


AUD/USD D1

Yesterday Aussies face its resistance at 1.0493 level but didn’t manage to overcome its resistance level and start falling towards 1.0390 level. Pair is expected to continue its bearish trend. Price action on 1.0390 level should be watch. Break through this level will allow pair to further move towards 1.0360-40 level respectively.
On the contrary, If AUD manage to hold its support level and give a day closure above 1.0400 level then pair can again move upward and again target 1.0490 level.
High impact News can affect the trend of pair. News like Unemployment Claims, Fed Chairman Bernanke Speaks.



USD/CHF D1

USD/CHF will face its resistance at 0.9520 level. If pair manage to breakthrough this level and H4 candle close above 0.9520 level, this will provide more strength to pair and USD/CHF will continue its uppish trend. The scenario can be change, If pair fails to break its resistance and give a day closure below 0.9520 level, that will open gate towards south and USD/CHF will then target 0.9440-9380 level respectively.
HIgh impact News of USD can change the scenario. News like Unemployment Claims, Fed Chairman Bernanke Speaks.

EUR/USD D1

EUR/USD is currently testing its resistance at 1.3070 level. Pair can get a pull back from this level, if H4 candle close below 1.3070 level. Bollinger bands are showing buy signals for the pair. But as long pair hold its resistance there can be a pull back.
So, Price action on 1.3070 level should be watch carefully. If pair manage to break this level and H4 candle close above 1.3070 then EUR/USD will further move towards 1.3140-70 respectively.


GBP/USD D1

The outlook for the pair is bullish. GBP/USD overcome its resistance 1.5260 level and continuing its uppish trend and will face its next resistance at 1.5390 level. If pair manage to break this level and H4 candle close above 1.5400 level then it will indicate GBP got more bullish potential that will take cable further towards north.


AUD/USD D1

AUD/USD dropped towards south after USD news came positive. Pair is now ready to test its support at 1.0340 level. Bollinger bands are also providing sell signals. Price action on support level should be watch carefully. If Aussies break this level and give a day closure below 1.0300 level, it will indicate pair got bearish strength and will further dropped towards 1.0250-200 level.
On the other hand, If pair manage to hold its support and give a day closure above 1.0360 level then pair can go upward and target 1.0390-440 level respectively.

EUR/USD D1

The Trend for the EUR/USD is not clear yet but pair is expected to move up and test its resistance at 1.3070 level. Price action on this level should be carefully watch. If EUR manage to break this level today and H4 candle close above 1.0370 level then pair will further move upward and target 1.3130-70 level respectively. The scenario will be vanished, if EUR/USD didn’t manage to hold its support 1.2880 level.
High impact New can change the scenario. News like Fed Chairman Bernanke Speaks.


GBP/USD D1

The outlook for the pair is bullish, but Cable will first come down to test its support 1.5260 level. If GBP/USD manage to hold this level and H4 candle close above 1.5260 level this will provide a valid buy entry and GBP/USD will then continue its uppish trend and target 1.5390 which is today’s resistance.
On the contrary, break of 1.5260 level will change the scenario and it will open gate towards southward and pair will then target 1.5180 level.
High impact Data can affect the pair. Data like Fed Chairman Bernanke Speaks.


AUD/USD D1

Aussies is in bullish mood today. Last Friday pair get a strong pull back from 1.0434 level and dropped around 85 pips. Bollinger bands are showing buy signals for the pair. Today’s resistance is at 1.0395 level. If AUD/USD manage to break this level and H4 candle close above 1.0395 level then it will indicate pair got more strength and it will continue its trend towards north. On the contrary, Breakthrough support 1.0340 level, will allow pair to further fall towards next support which is at 1.0290 level.
High impact News of USD can affect the movement of AUD/USD. News like Fed Chairman Bernanke Speaks.



USD/CHF D1

On last Friday USD/CHF manage to break its support 0.9380 level and rapidly dropped. Now as the price is at last Bollinger showing oversold so there can be some retracement. Today pair will face 0.9380 level which is acting as a daily resistance.
Price action on this level should be handle carefully, If USD/CHF manage to break resistance and H4 candle close above 0.9380 level. This will indicate pair got bullish strength and USD/CHF will further move upward. The Scenario will be change, If pair fails to breakthrough its resistance and H4 candle close below 0.9380 level.
High impact News can affect the move of USD/CHF. News like Fed Chairman Bernanke Speaks.

EUR/USD D1

EUR/USD is testing its resistance at 1.3070 level. If pair manage to break this level and H4 candle close above 1.3070 then it will provide more bullish potential to pair and EUR/USD will further move upward and target 1.3140-70 level respectively.
The scenario can be change, if EUR/USD fails to break 1.3070 level and H4 candle close below resistance then EUR will start moving towards southward.


GBP/USD D1

Cable is in bullish mood today. Pair will move up and face its resistance at 1.5390 level. Price action on this level should be carefully watch. If GBP/USD manage to break its resistance then it will indicate Cable got more strength which will take GBP/USD further upward towards north. On the contrary, if pair didn’t manage to overcome its resistance level and give a day closure below 1.5390 level then pair will again start moving southward.


AUD/USD D1

The outlook for the Aussies is bullish. Pair is currently testing its resistance at 1.0493 level. Bollinger bands are showing buy signals for AUD/USD. Price action on this level should be carefully watch. If pair manage to break 1.0493 level then it will indicate strong bullish strength which will allow AUD to further move towards north. The scenario will be vanished, If AUD/USD didn’t manage to break its resistance level and H4 candle close below 1.0493 level.



USD/CHF D1

USD/CHF is trading in a small range of 0.9380-313 level. Break of any level will clear the trend. Bollinger bands are also not providing clear signals for the pair.
If pair manage to breakthrough 0.9313 level and H4 candle close below this level, then pair will further dropped towards 0.2980-2940 level respectively. On the other hand, If USD/CHF manage to hold its support level and H4 candle close above 0.9380 level, it will then take pair further upward and target 0.9430-0.9520 level respectively.

EUR/USD D1

The outlook for EUR/US D is bullish for today. Yesterday pair manage to overcome its resistance 1.3070 level. Now the next target for EUR is 1.3139 level. Bollinger bands are showing buy signals for the pair. If EUR/USD manage to break 1.3139 level and H4 candle close above this level then pair will continue its uppish trend and target 1.3170 level.
On the other hand, If pair didn’t manage to break its resistance and H4 candle close below resistance level then it will show EUR/USD got bearish strength and pair will start moving southward.
High impact Data can affect the movement of EUR/USD. News like FOMC Meeting Minutes.


GBP/USD D1

Cable will face its resistance at 1.5390 level today. Bollinger bands are also providing buy signals for the pair. If pair reached this level today and breakthrough its resistance then it will further take GBP/USD upward. The scenario can be vanished, if cable didn’t manage to hold its support level 1.5237. Break of this level will provide bearish strength to GBP/USD and pair will the rapidly dropped towards south and target its next support at 1.5190 level.
High impact News can affect the move of GBP/USD. News like FOMC Meeting Minutes.


AUD/USD D1

Yesterday in late session AUD/USD manage to break its key level 1.0493 level. Bollinger bands are showing buy signals for the pair. Aussies is expected to target 1.0545 level today, which is today’s resistance. Price action on this level should be watch. If pair manage to break 1.0545 level this will indicate pair got more strength and AUD/USD will then further move up towards north.
High impact News can affect the trend of AUD/USD. News like FOMC Meeting Minutes, Employment Change, Unemployment Rate.



USD/CHF D1

USD/CHF is trading in a range of 0.9380-0.9313 level. The trend is not clear yet. Break of any level will clear the trend for the pair. We are expecting USD/CHF to break its support level and dropped further southward. But if USD/CHF manage to hold its support level then pair will target 0.93800 level which is daily resistance.
High impact News of USD can affect the pair. News like FOMC Meeting Minutes.