"Forex Levels" - Trading recommendations, daily forecast on EURUSD and GBPUSD

[Ivan Urupa]

EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.3541, and if the market breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3636.

If the pair breaks under support level 1.3438, a downtrend will start with the downside target set at support level 1.3341.


Support levels: 1.3438, 1.3341

Resistance levels: 1.3541, 1.3590, 1.3636



GBPUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.5667, and if the market breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5803.

If the pair breaks under support level 1.5548, a downtrend will start with the downside target set at support level 1.5440.


Support levels: 1.5548, 1.5485, 1.5440

Resistance levels: 1.5667, 1.5727, 1.5803

 

[Ivan Urupa]

EURUSD [H1]

The pair is trading along an uptrend. Resistance levels 1.3437-1.3456 is seen on the way of the further upside, and if the market breaks above those levels we can expect the uptrend to continue and get to resistance level 1.3506 and above towards resistance level 1.3541.

If the pair will have no possibility of rising above resistance levels 1.3437-1.3456 and will subsequently drop below support level 1.3340, we can expect a downtrend to develop towards support level 1.3238 and below towards support level 1.3174.


Support levels: 1.3340, 1.3238, 1.3174

Resistance levels: 1.3437-1.3456, 1.3506, 1.3541


GBPUSD [H1]

The pair is trading along an uptrend. Resistance level 1.5586 is seen on the way of the further upside, and if the market breaks above that level we can expect the uptrend to continue and get to resistance level 1.5667.

If the pair will have no possibility of rising above resistance level 1.5586 and will subsequently drop below support levels 1.5548-1.5522, we can expect a downtrend to develop towards support level 1.5485 and below towards support level 1.5440.


Support levels: 1.5548-1.5522, 1.5485, 1.5440

Resistance levels: 1.5586, 1.5667

 

[Ivan Urupa]

EURUSD [H1]

The pair is trading along a downtrend. Support level 1.3283 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.3174.

If the pair will have no possibility of getting below support level 1.3283 and will subsequently rise above resistance level 1.3346, we can expect an uptrend to develop towards resistance 1.3440.


Support levels: 1.3283, 1.3174

Resistance levels: 1.3346, 1.3396, 1.3440



GBPUSD [H1]

The pair is trading along a downtrend. Support level 1.5430 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.5340.

If the pair will have no possibility of getting below support level 1.5430 and will subsequently rise above resistance level 1.5485, we can expect an uptrend to develop towards resistance 1.5560.


Support levels: 1.5430, 1.5340

Resistance levels: 1.5485, 1.5560

 

[Ivan Urupa]

EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.3340, and if the market breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3440.

If the pair breaks under support level 1.33280, a downtrend will start with the downside target set at support level 1.3174.


Support levels: 1.3280, 1.3236, 1.3174

Resistance levels: 1.3340, 1.3396, 1.3440


GBPUSD [H1]

The pair is in a sideways trend. Resistance levels is seen at 1.5525-1.5575, and if the market breaks above those levels we can expect an uptrend to develop with the upside target set at resistance level 1.5667.

If the pair breaks under support levels 1.5480-1.5430, a downtrend will start with the downside target set at support level 1.5340.


Support levels: 1.5480-1.5430, 1.5340

Resistance levels: 1.5525-1.5575, 1.5667

 

[Ivan Urupa]

EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.3396, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3440 and and above towards resistance level 1.3506 if the pair breaks above resistance level 1.3455.

If the pair breaks under support level 1.3280, a downtrend will start with the downside target set at support level 1.3236 and below towards support level 1.3174.


Support levels: 1.3280, 1.3440, 1.3455, 1.3506

Resistance levels: 1.3396, 1.3590, 1.3636



GBPUSD [H1]

The pair is in a sideways trend. Resistance levels is seen at 1.5548-1.5580, and if the pair breaks above those levels we can expect an uptrend to develop with the upside target set at resistance level 1.5667.

If the pair breaks under support levels 1.5478-1.5430, a downtrend will start with the downside target set at support level 1.5340.


Support levels: 1.5478-1.5430, 1.5340

Resistance levels: 1.5548-1.5580, 1.5667

 

[Ivan Urupa]

EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.3366, and if the market breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3440.

If the pair breaks under support level 1.3328, a downtrend will start with the downside target set at support level 1.3174.


Support levels: 1.3280, 1.3236, 1.3174

Resistance levels: 1.3366, 1.3440



GBPUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.5653, and if the market breaks above those levels we can expect an uptrend to develop with the upside target set at resistance level 1.5727.

If the pair breaks under support level 1.5575, a downtrend will start with the downside target set at support level 1.5485.


Support levels: 1.5575, 1.5485

Resistance levels: 1.5653, 1.5727

 

[Ivan Urupa]

EURUSD [H1]

The pair is trading along an uptrend. Resistance levels 1.3487-1.3541 is seen on the way of the further upside, and if the market breaks above those levels we can expect the uptrend to continue and get to resistance level 1.3695.

If the pair will have no possibility of rising above resistance levels 1.3487-1.3541 and will subsequently drop below support level 1.3437, we can expect a downtrend to develop towards support level 1.3396 and below towards support level 1.3315.


Support levels: 1.3437, 1.3396, 1.3315

Resistance levels: 1.3487-1.3541, 1.3695


GBPUSD [H1]

The pair is trading along an uptrend. Resistance levels 1.5727-1.5785 is seen on the way of the further upside, and if the market breaks above those levels we can expect the uptrend to continue and get to resistance level 1.5839 and above towards resistance level 1.5908.

If the pair will have no possibility of rising above resistance levels 1.5727-1.5785 and will subsequently drop below support level 1.5653, we can expect a downtrend to develop towards support level 1.5575.


Support levels: 1.5653, 1.5575

Resistance levels: 1.5727-1.5785, 1.5839, 1.5908

 

[Ivan Urupa]

EURUSD [H1]

The pair is trading along a downtrend. Support level 1.3365 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.3315 and below towards support level 1.3236.

If the pair will have no possibility of getting below support level 1.3365 and will subsequently rise above resistance level 1.3462, we can expect an uptrend to develop towards resistance 1.3541.


Support levels: 1.3365, 1.3315, 1.3236

Resistance levels: 1.3462, 1.3541

GBPUSD [H1]

The pair is trading along a downtrend. Support level 1.5575 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.5540 and below towards support level 1.5485.

If the pair will have no possibility of getting below support level 1.5575 and will subsequently rise above resistance level 1.5653, we can expect an uptrend to develop towards resistance 1.5725.


Support levels: 1.5575, 1.5540, 1.5485

Resistance levels: 1.5653, 1.5725

 

[Ivan Urupa]

EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.3462, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3503 and above towards resistance level 1.3541.

If the pair breaks under support level 1.3340, a downtrend will start with the downside target set at support level 1.3282 and below towards support level 1.3240.


Support levels: 1.3340, 1.3282, 1.3240

Resistance levels: 1.3462, 1.3503, 1.3541

GBPUSD [H1]

The pair is trading along an uptrend. Resistance level 1.5725 is seen on the way of the further upside, and if the market breaks above that level we can expect the uptrend to continue and get to resistance level 1.5785.

If the pair will have no possibility of rising above resistance level 1.5725 and will subsequently drop below support level 1.5647, we can expect a downtrend to develop towards support level 1.5575.


Support levels: 1.5647, 1.5575

Resistance levels: 1.5725, 1.5785

 

[Ivan Urupa]

EURUSD [H1]

The pair is trading along a downtrend. Support level 1.3173 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.2980.

If the pair will have no possibility of getting below support level 1.3173 and will subsequently rise above resistance level 1.3236, we can expect an uptrend to develop towards resistance 1.3282 and above towards resistance level 1.3340.


Support levels: 1.3173, 1.2980

Resistance levels: 1.3236, 1.3282, 1.3340


GBPUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.5627, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5710.

If the pair breaks under support level 1.5575, a downtrend will start with the downside target set at support level 1.5540 and below towards support level 1.5490.


Support levels: 1.5575, 1.5540, 1.5490

Resistance levels: 1.5627, 1.5710