Technical Outlook For Gbp-Usd 3-8-2015

Technical Outlook For Gbp-Usd 3-8-2015

Gbp/Usd pair moved last Friday in the average price movement of 130 Pips, it recorded the highest level at 1.5678 the lowest levels at 1.5548 levels and closed at 1.5616 to Gain 16 pips according to Friday's economic data.

The pair opened today at 1.5630 oscillatory between the 1.5614 and the 1.5637levels 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 1.5644

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

It is expected that the pair Pound against the dollar will go to targeted level at 1.5670 in the next few hours According to the economic data today.

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

Medium term trend: Down

Support levels: 1.5550 and 1.5484 and 1.5420

Resistance levels: 1.5680 and 1.5744 and 1.5810

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Technical Outlook For Eur-Jpy 3-8-2015

Technical Outlook For Eur-Jpy 3-8-2015

Eur/Jpy pair moved Yesterday in the average price movement of 176 Pips; it recorded the highest level at 137.33 and the lowest at 135.56 and closed at 136.09 to Gain 40 pips during Friday’s trading.

The pair opened today at 135.90 oscillatory between the 135.75 and the 136.25 levels during the Asian session in a trading average of 50 pips for the limitation of the market liquidity, and in the European session the pair went up to 136.44.

The pair is moving in a series of up impulse waves inside the triangle.

We saw the pair achieved our target at 137.05

It is expected that the pair eur/jpy will reach the targeted level at 137.20 in the next few hours.

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

Medium term trend: up

Support levels: 135.32 and 134.55 and 133.55

Resistance levels: 137.09 and 138.09 and 138.86

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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 Analysis for Dow Jones 3-8-2015

Technical Analysis for Dow Jones 3-8-2015

Dow Jones moved last Friday in the average movement of 126 pips, its highest level at 17719 and the lowest Level at 17592 and closed at 17611 to lose 56 pips during Friday’s trading.

Dow opened today's trading at 17625 volatile between 17600 and 17644 during the Asian session trading at 44 Pips for the poor liquidity in the market range, and in the European session the dow went down to 17544.

Dow moves in a series of down corrective waves below the trend line.

It is expected that the Dow is heading targeting 17510 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: 17562 and 17513 and 17435

Resistance levels: 17435 and 17767 and 17816.33

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Technical Outlook for USD-JPY 28-7-2015

Technical Outlook for USD-JPY 28-7-2015

Usd/Jpy pair moved yesterday in the average price movement of 82 Pips, it recorded the highest level at 123.82 and the lowest levels at 123.00 levels and closed at 123.23 to lose 50 pips According to yesterday’s economic data.

The pair opened today at 123.23 oscillatory between the 123.06 and the 123.30 levels during the Asian session in a trading average of 24 pips for the limitation of the market liquidity, and in the European session 123.70

The pair is trading above the trend line so it is expected to make new Highs.

We saw the pair achieved our target today at 123.70

It is expected that the pair Usd against the Jpy will go to targeted level at 124.00 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

Medium term trend: UP

Support levels: 122.88 and 122.53 and 122.06

Resistance levels: 123.70 and 124.17 and 124.52

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Technical Outlook for GBPUSD 28-7-2015

Gbp/Usd pair moved yesterday in the average price movement of 105 Pips, it recorded the highest level at 1.5594 the lowest levels at 1.5489 levels and closed at 1.5556 to Gain 47 pips according to yesterday's economic data.

The pair opened today at 1.5556 oscillatory between the 1.5551 and the 1.5579 levels during the Asian session in a trading average of 28 pips for the limitation of the market liquidity, and in the European session the pair went down to 1.5541

The pair is moving in a series of Down Corrective waves after breaking the wedge.

It is expected that the pair Pound against the dollar will go to targeted level at 1.5575 in the next few hours According to economic data today.

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

Medium term trend: Down

Support levels: 1.5498 and 1.5441 and 1.5393

Resistance levels: 1.5603 and 1.5651 and 1.5708

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Technical Outlook for EUR-JPY 28-7-2015

Technical Outlook for EUR-JPY 28-7-2015

Eur/Jpy pair moved Yesterday in the average price movement of 135 Pips; it recorded the highest level at 137.09 and the lowest at 135.74 and closed at 136.62 to Gain 74 Pips during Yesterday’s trading.

The pair opened today at 136.62 oscillatory between the 136.47 and the 136.97 levels during the Asian session in a trading average of 50 pips for the limitation of the market liquidity.

The pair is moving in a series of up impulse waves in a parallel price channel.

We saw the pair was Trading yesterday close to our target at 137.15

It is expected that the pair eur-jpy will reach the targeted level at 137.20 in the next few hours, and go down again.

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

Medium term trend: Down

Support levels: 135.87 and 135.13 and 134.52

Resistance levels: 137.22 and 137.83 and 138.57

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