Technical Outlook for EUR-USD 28-7-2015

Technical Outlook for EUR-USD 28-7-2015

Eur/Usd pair moved yesterday in the average price movement of 160 Pips, it recorded the highest level at 1.1128 and the lowest at 1.0968 and closed at 1.1086 to Gain 105 Pips during Yesterday’s trading according to economic data.

The pair opened today at 1.1086 oscillatory between the 1.1070 and the 1.1098 levels during the Asian session in a trading average of 28 pips for the limitation of the market liquidity.

The pair is moving in a series of up impulse waves above the ascending trend line and above 50% fibo.

We saw the pair achieved our target at 1.1100

It is expected that the pair Eur-Usd will reach the targeted level at 1.1140 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: Down

Support levels: 1.0993 and 1.0900 and 1.0833

Resistance levels: 1.1153 and 1.1220 and 1.1313

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Technical Analysis for Dow Jones 28-7-2015

Technical Analysis for Dow Jones 28-7-2015

Dow Jones moved yesterday in the average movement of 226 pips, its highest level at 17544 and the lowest Level at 17317 and closed at 17393 to lose 128 pips during yesterday’s trading.

Dow opened today's trading at 17411 volatile between 17380 and 17445 during the Asian session trading at 65 Pips for the poor liquidity in the market range, and in the European session the dow went down to 17484.

Dow moves in a series of down corrective waves after breaking the parallel price channel.

We saw the Dow achieved our target at 17320

It is expected that the Dow is heading targeting 17290 as the target on time frame of four hours and until now we see the Bears control on market direction

And the Relative Strength Indicator "RSI" show us distribution operations at the market

Today we could see sharp trading because of the economic data from the USA

Support levels: 17292 and 17191 and 17065

Resistance levels: 17519 and 17645 and 17746

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Technical Outlook For USD-JPY 7-7-2015

Technical Outlook For USD-JPY 7-7-2015

Usd/Jpy pair moved yesterday in the average price movement of 105 PIPs, it recorded the highest level at 122.93 and the lowest levels at 121.87 levels and closed at 122.57 to Gain 54 pips According to yesterday’s economic data to close the Gap over.

The pair opened today at 122.57 oscillatory between the 122.52 and the 122.80 levels during the Asian session in a trading average of 28 pips for the limitation of the market liquidity.

The pair is trading below the trend line so it is expected to make new lows.

It is expected that the pair Usd against the Jpy will go to targeted level at 121.90 in the next few hours.

And the Relative Strength Indicator "RSI" show us accumulation operations at the market and the control of Bulls on the market

Today at 12:30 we are looking for Trade Balance from USA

Medium term trend: Down

Support levels: 121.98 and 121.39 and 120.92

Resistance levels: 123.04 and 123.51 and 124.10
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Technical Outlook For Gbp-Usd 7-7-2015

Technical Outlook For Gbp-Usd 7-7-2015

Gbp/Usd pair move yesterday in the average price movement of 95 PIPs, it records the highest level at 1.5603 the lowest levels at 1.5534 levels and closed at 1.5604 to Lose 42 pips according to yesterday’s economic data.

The pair opened today at 1.5604 oscillatory between the 1.5584 and the 1.5609 levels during the Asian session in a trading average of 25 pips for the limitation of the market liquidity, and in the European session the pair went down to 1.5555

The pair is moving in a series of down corrective waves and achieved our target at 50% FIBO retracement

It is expected that the pair Pound against the dollar will go to targeted level at 1.5511 in the next few hours According to economic data today.

Today at 08:30 we are looking for manufacturing production m/m from UK

The Relative Strength Indicator "RSI" show us distribution operations at the market and the control of Bears on the market

Medium term trend: up

Support levels: 1.5557 and 1.5511 and 1.5488

Resistance levels: 1.5626 and 1.5649 and 1.5695
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Technical Analysis for EUR/JPY 7-7-2015

Technical Analysis for EUR/JPY 7-7-2015

Eur/Jpy pair moved yesterday in the average price movement of 218 PIPs, it recorded the highest level at 136.06 and the lowest at 133.90 and closed at 135.51 to Gain 150 PIPs during yesterday’s trading according to economic data.

The pair opened today at 135.51 oscillatory between the 135.21 and the 135.65 levels during the Asian session in a trading average of 44 pips for the limitation of the market liquidity, and in the European session the pair went down to 135.02

The pair is moving in a series of down correction waves below the trend line.

So it is expected that the pair eur/jpy will reach the targeted level at 134.20 in the next few hours.

The Relative Strength Indicator "RSI" reveals that the distribution operations at the market and the control of Bears on the market...

Medium term trend: Down

Support levels: 134.25 and 132.99 and 132.09

Resistance levels: 136.41 and 137.31 and 138.57

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Technical Outlook For Eur-Usd 7-7-2015

Technical Outlook For Eur-Usd 7-7-2015

Eur/Usd pair moved yesterday in the average price movement of 116 PIPs, it recorded the highest level at 1.1097 and the lowest at 1.0981 and closed at 1.1054 to Gain 71 PIPs according to yesterday’s economic data to close the gap over.

The pair opened today at 1.1054 oscillatory between the 1.1024 and the 1.1055 levels during the Asian session in a trading average of 30 pips for the limitation of the market liquidity.

The pair is moving in a series of down corrective waves after breaking the price channel, and yesterday the pair retested the broken limit but Without result, so it is expected to fall down to new lows.

The pair achieved our target yesterday at 1.1010

It is expected that the pair eur /usd will reach the targeted level at 1.0930 in the next few hours.

Today at 12:30 we are looking for Trade Balance from USA

The Relative Strength Indicator "RSI" reveals the distribution operations at the market and till now we are seeing the control of Bears on the market.

Medium term trend: Down

Support levels: 1.0991 and 1.0928 and 1.0875

Resistance levels: 1.1107 and 1.1160 and 1.1223

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Technical Outlook for Dow Jones 7-7-2015

Technical Outlook for Dow Jones 7-7-2015

Dow Jones moved yesterday in the average movement of 290 pips, its highest level at 17640 and the lowest Level at 17354 and closed at 17625 to Gain 228 pips and close the Gap over during yesterday’s trading according to the economic data.

Dow opened today's trading at 17689 volatile between 17647 and 17688 during the Asian session trading at 40 Pips for the poor liquidity in the market range, and in the European session the Dow went up to 17724

Dow moves in a series of up impulse waves in a parallel price channel

We saw the indicator achieved our target at 17650

It is expected that the Dow is heading targeting 17840 as the target on time frame of four hours and till now we see the Bulls control on market direction

And the Relative Strength Indicator "RSI" show us accumulation operations at the market

Today at 12:30 we are looking for Trade Balance from USA

Today we could see sharp trading because of the economic data from USA

Support levels: 17439 and 17253 and 17153

Resistance levels: 17725 and 17825 and 18011

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