ForexPeoples Daily Technical Analysis for The Majors (4 Pair Forex)

 

For Tomorrow Trade (opening price) :

EURUSD

On yesterday (Friday) = we see the price bulls here - I see it's equal to the TCCI 20 day that now on look bulls. The price on Friday can touch that pivot at 1.2394. but then failed to pullback down. So, on my see for next price probably movement = this pair can become more bulls after truly that pivot 1.2394 can be break by price from bottom, of course.

GBPUSD

The GBPUSD also on look bulls. The price now can be closed above that 76.4 fib line at (1.5717). We know that this area is a Supply area. But then, if this supply area can be break too by price from bottom = Yes, I see the more probably bulls here then.

USDJPY

Just be careful, I see till the closed price this week - the price look to become consolidation. We see the price now on between that TCCI 20day till the TCCI 80day (on daily TF) = I call this is a sideways area. Then, if we see this pair with Fibo = I see the price also still look on sideways near that 76.4 fibo line (78.35). But, of course - the big trend on this pair till this closed price (this week) = still on bearish = can be see with that TCCI 80day condition.

USDCHF

The USDCHF on look to be more bearish after we see the MACD show the signal start bearish (for probably next several price movement), I see. But, please look and then pay attention to the Fib line - especially to the Pivot line at 0.9697. That Pivot line 0.9697 can be a strong support. So, to call this pair on more bearish = the price then must = can break that pivot Pivot 0.9697 first, of course.

Regards.

 

Monday, July 30, 2012

EURUSD

The bulls still look here. We see the TCCI 20 day on (daily TF) still show this bulls with it's lime color line. Then, of course = this still to product bulls to test again that pivot line at 1.2394. So, on my simple analysis = search for nice Buy on smaller TF = better idea here.

GBPUSD

The two TCCI line on daily TF (TCCI 20 day and also TCCI 80 day) look on bulls condition. So, if we look this GBPUSD pair with this Big TF = Yes, bulls still probably here for next price move. But please note = that the consolidation can be play first here because we see on the above the price now = we can see the supply area (1.5717). So, the bulls can be say if truly price then can break that supply area = break from bottom, of course.

USDJPY

Pullback bulls look probably here. TCCI 20day (on daily TF) show this bulls probability for today move. I see, this bulls can probably touch max. to near that golden fibo ratio at 61.8 (78.78). So, search for next nice Buy OP= better idea, I see.

USDCHF

I see = till now, the USDCHF still to become more bearish. The candle still move bellow the Strong TCCI 20day and TCCI 80day (daily TF). On my look = for today price candle move = the price want try again to test again that pivot line at 0.9697. So, search for nice Sell Op here = better idea, I see.

 

Daily Technical Analysis for Tuesday, July 31, 2012 - by ForexPeoples.Com

EURUSD

The big trend by look with TCCI - till now still on bulls, of course. But for today move, be aware of the bearish - I see the price try to test again to that 23.6 fib line (at 1.2195). So, of course - this could probably bearish first here till that 23.6 fib. But, for big move = this pair on still probably bulls = Once again = I see the TCCI 20day still give us a bulls pic to us.

GBPUSD

The bulls of this pair (GBPUSD) look difficult to up = it's because price now must break that strong supply area that now appear above the current price. So, I see this will probably to just consolidation first near that supply area. but, if we see to the TCCI = the TCCI still show the bulls and we can say this pair (GBPUSD) can start bulls again after truly price can break up more that supply area near 1.5717.

USDJPY

I see = the bearish trend still here (USDJPY) but with weak move after price now on near that support area (77.94). With this look = I see - it's better to just wait and see - then, we can sell again here after truly price can break more down to that strong support line (77.94), of course.

USDCHF

USDCHF on look bulls = we see the price candle on the previous day = look like bulls pinbar = So, yes = this can product bulls max. to test again that 0.9840. So, with this look = search for Buy OP on smaller TF = better idea, I see.

Regards.

 

Daily Technical Analysis for Wednesday, August 01, 2012 - by ForexPeoples.Com

EURUSD

Till now, I see - the EURUSD on still bulls trend - the TCCI 20 day still show this bulls, of course. On the big trend, we can see that the strong bulls on this pair can play nice here if the price from bottom was truly can break up more to that pivot line at 1.2394. So, for this time = search for next nice Buy OP = better. I see.

GBPUSD

The GBPUSD look pullback down from that supply area (1.5717). Just be careful for probably price more down if that 23.6 fibo line (1.5657) can be break by price from top (on today price movement). On my see if that 23.6 fib can be break by price from top = Search for Sell here = better.

USDJPY

Daily TF trend on this USDJPY pair = still look on bearish = it can be see from the TCCI 20day = still show that red line, of course. Then, this bearish look was more weak as long as the price still can not break down to that weekly breakout line (77.94). So, yes, with this look = wait and see can become more great idea. Then, Sell on this pair can be nice if truly the price from top can breakdown too to that strong weekly breakout line = break from top.

USDCHF

On daily TF = I see the TCCI trend till now still bearish, but almost weak = as long as the price can not break down to that more pivot line at 0.9697. For now = yes, the probably price still on sideways first and we can sell again on this USDCHF pair after truly the price from top can break down to that pivot 0.9697, I see.

Regards.

 

Thanks to share daily technical analysis for major currency pair. I trade with EUR/USD.

 

Daily Technical Analysis for Thursday, August 02, 2012 - by ForexPeoples.Com

EURUSD

The EURUSD on look to probably more bearish = after the price till now can be open on bellow that TCCI line (Daily TF). So, of course, I see = search for next nice Sell OP here for today can be better idea. Please look to the 23.6 fib at 1.2208. If that 23.6 fib can be break by price from top = Yes, I see the more nice bearish here. Search for Sell on smaller TF = better.

GBPUSD

On my see - the bearish still can be play for today trade. Look to the previous candle that look nice bearish, of course. This bearish can be probably more strong after truly the price from top can break that pivot line at 1.5522. If that happen = Yes, search for next nice Sell OP here = better, of course. I see - the max. bearish can probably touch to that strong golden ratio fibo at 61.8 (1.5462).

USDJPY

Yes, I see too - that USDJPY on look nice to be more bulls. Look that the price can not break more down to the strong weekly breakout line (77.94). And we see - the price pullback up. Also we see the TCCI was nice support for bulls. So, with this look candle formation = I see = search for next nice Buy OP here = better (with using max. Stoploss at bellow that weekly breakout line (77.94) of course ).

USDCHF

The USDCHF = on look more bulls = we can see the price now can pullback up = and look leave that demand area (0.9775). And for next price movement, I see - this pair can be more bulls after truly price from bottom can break up more to the strong 23.6 fibo line at price 0.9843. If that break-up happen = I see, search for next nice Buy OP = better.

Regards.

 

Daily Technical Analysis for Friday, August 03, 2012 - by ForexPeoples.Com

EURUSD

I see - the more bearish probability still look here. The candle till now still play bellow that TCCI (daily TF), And so, because of this - I see the more price to become more bearish can be here if then price on today move can break down more the daily breakout line (1.2133). So, search for next nice Sell OP here better if truly price can break down to that daily breakout line (1.2133). I see.

GBPUSD

The GBPUSD on still can probably more bearish for today move if then price can break down to that 61.8 fib line (1.5462) = break from top. So, on my simple look = search for next nice Sell OP here is better idea if truly price from top can break down more that 61.8 fib = break from top, of course.

USDJPY

Here was formed a double bottom - the price look pullback from that weekly breakout line (77.94). And because of this = Yes, the more probably bulls here as long as the price can not break down again to that weekly breakout line (77.94). And I see = for now = search for next nice Buy OP here = nice idea.

USDCHF

The USDCHF on look more bulls - the price till now can be open on above that TCCI line and I see the daily candle on yesterday likely a nice bulls pinbar = So, here is a nice formation that probably price to bulls and search and make Buy OP here then = better, I see.

Regards.

 

Daily Technical Analysis (Sunday, August 05, 2012 (Analysis price for next opening price - tomorrow) - by ForexPeoples.Com

EURUSD

On last Friday, We can see that price on EURUSD look bulls trend and almost break that pivot line (1.2394). But look still failed to break that pivot 50% fibo. Then, I see the trend on daily TF still nice bulls, this can be see from the TCCI line that till now still on bulls. So, on my see if then price can break up more that pivot = break from bottom, search fro nice Buy OP here = better, of course.

GBPUSD

On last Friday, we see the price on GU = bulls with nice strong bulls move. Then, I see - this pair can become more bulls again for next price move = if then price can break up more to that 23.6 fibo line at 1.5657. Then, if on next price move = the price from bottom can break up more to that 23.6 fibo (1.5657) = I see - this can become a more nice bulls probably here and search for Buy = nice decision, then.

USDJPY

The USDJPY on look pullback up from that strong support line or Weekly breakout line at (77.94). With this look = Yes, search for nice Buy OP here = better. The more probably price to pullback bulls = Yes, here. And I see - this bulls can be more strong move here if truly price from bottom can break up more to that Golden Ration Fibo (61.8 fib line) at price 78.78. Note : We can see that TCCI 20day averages (on daily TF) still nice to support for this bulls till now.

USDCHF

Bearish continuation can be here = if the price can break that strong picot line at (0.9697). So, if that pivot was break by price from top = Yes, the Next nice idea for trade on this pair is = just search for nice Sell OP (using smaller time frame = better). I see.

Regards.

 

Daily Technical Analysis for Monday, August 06, 2012 - by ForexPeoples.Com

EURUSD

The bulls still look here = after we see the price now can be open on above that pivot line (1.2394) on Daily TF. Then, with this simple candle look = of course, I can predict that probably price to test more up to max. near that golden fibo ratio = here (61.8 fib = 1.2477). So, yes, search for nice Buy OP here using smaller TF = better, I see.

GBPUSD

I see the more probably bulls still look here for today move = if then price (from bottom) can break up again more to that 23.6 fib line (1.5657). So, with this look, of course search for nice Buy OP on this GBPUSD = good idea for today trade (with Stoploss max. bellow that 38.2 fib (1.5582), I see.

USDJPY

The USDJPY price till now on still sideways first = but then, I see this pair can be more nice Strong bulls trend after truly = the price from bottom can break up more to the Golden Ration Fibo (61.8 = 78.78). Once again = I can say with clear that, If that 78.78 can be break by price from bottom - I see this will be a nice trigger to become more bulls here - and if that happen = search for nice Buy OP here = better idea, of course.

USDCHF

I see = after the price can be open bellow that Pivot line (0.9697) = this pair look to become more probably bearish. And if we see this price condition with Fibo = this quite clear that price probably want try that golden fibo ration (61.8 fib line at price 0.9632). So, on this bearish trend (that also supported by the nice Red TCCI on daily TF) = I see = search for next nice Sell Op (on more smaller time frame) = better idea here.

Regards.

 

Daily Technical Analysis for Tuesday, August 07, 2012 - by ForexPeoples.Com

EURUSD

The trend till now on still bulls = Can be see from the TCCI on daily TF (TCCi with using 20 day average). And yes, I see this will probably more bulls again if that daily breakout line at price 1.2442 can be break too by price from bottom = if that happen = Search for Buy OP = better, then, I see.

GBPUSD

The GBPUSD on look to bearish - but weak and look just a little volatile price movement. On daily TF, we can see that price can be open bellow that TCCI 20 day (on daily TF). with this look = I see the more probably price to more bearish = here. Look to the TCCI line on daily that still on support this bearish, I see.

USDJPY

The price on USDJPY till now still look consolidation but more probably to Go Up (the TCCI line on daily TF show this trend bulls = but still weak). I mean, we can take a buy OP here after the price from bottom = truly can break up more to the strong 76.4 fib line at price 78.35, if that 76.4 fib can be break by price from bottom = Yes, search for Buy Op = better here - with using max, Stoploss bellow the price 77.90 (strong weekly breakout line), of course.

USDCHF

Yes = The big trend (daily TF) still look bearish but weak = I say weak it's because the price still difficult to break more down to the strong daily breakout line at price 0.9656. So, with this look = I see the more probably sideways first look here = just wait and see and pay attention to the price move. if then price from top can break down too to the strong daily breakout line (0.9656) = Yes, search for Sell = better idea here, I see.

Regards.

 

Daily Technical Analysis for Wednesday, August 08, 2012 - by ForexPeoples.Com

EURUSD

EURUSD Price till now still look on consolidation near that pivot line (1.2394). So, I see - the wait and see action can still better idea here. But, then, after I see the still strong and nice TCCI Bulls = Yes, this pair can more bulls IF then price from bottom can break up more to the strong daily breakout line at 1.2442.

GBPUSD

GBPUSD price on still sideways with quite high volatile movement, I see. Just wait and see with this condition. Till now price look move near that TCCI line on daily TF. And I see the TCCI still give a bearish condition. So, with this look, I see this GBPUSD can be more bearish if the 38.2 fibo line (1.5582) can be break by price from top.

USDJPY

More bulls still look here = after we see the price can not break down more to the strong weekly breakout line at price 77.90. Then, I see - The TCCI line on daily TF now on look bulls of course. but to become more bulls = of course - this USDJPY pair must break up to the strong 61.8 fibo (Golden Ratio = 78.78). So, of course - if that 78.78 can be break by strong bullish candle from bottom = search for nice Buy OP here = better.

USDCHF

Big trend (daily TF) still look bearish = it can be see with nice TTCI on daily that now still show bearish. Then, of course I can say this pair on more and can be take start search for sell OP again after truly the price can break down to the 61.8 fib line (0.9632). So, as long as the price still move above that 61.8 fib = I call this still sideways = just wait and see = it's better, I see.

Regards.

Reason: