EURUSD: Consolidates With Downside Bias! Recommendations: Short positions below 1.1937 levels with 1.1900 & 1.1860 as next targets. Alternative scenario: The upside breakout of 1.1937 will bring recovery to the 1.1975/1.2012 levels. Description: As long as 1.1937 resistance holds on a 4-hour closing basis, the EURUSD remains on the downside to the 1.1900...
GBPUSD: Continues To Consolidate! Recommendations: Short positions below 1.3485 levels with 1.3430 & 1.3377 as next targets. Alternative scenario: Stability above 1.3485 may bring limited gains to the 1.3560/1.3600 levels before another fall. Description: Despite the pair is bearish, but a short-term support is seen around 1.3485 levels, a sustained breakout - daily closing is...
EURUSD: Bearish Despite Recovery Attempts! Recommendations: Short positions below 1.1945 levels with 1.1870 & 1.1837 as next targets. Alternative scenario: The upside breakout of 1.1945 will extend recovery to the 1.1977/1.2025 levels. Description: Outlook in EURUSD has turned neutral with a risk to the downside, resistance comes at the 1.1945 levels, above that...
GBPUSD: Around Critical Support But Remains Vulnerable To The Downside! Recommendations: Short positions below 1.3485 levels with 1.3430 & 1.3377 as next targets. Alternative scenario: Stability above 1.3485 may bring limited gains to the 1.3560/1.3600 levels before another fall. Description: The pair is bearish at the moment, but both of weekly chart support at...
EURUSD: Bearish Eyes Further Downside! Recommendations: Short positions below 1.1886 levels with 1.1830 & 1.1800 as next targets. Alternative scenario: The upside breakout of 1.1886 will call for a rebound to the 1.1938 levels. Description: As long as 1.1886 resistance holds on a 4-hour closing basis, the EURUSD remains on the downside to...
USDJPY: Consolidates With Downside Bias! Recommendations: Short positions below 109.10 levels with 108.70 & 107.53 as next targets. Alternative scenario: The upside breakout of 109.10 will call for a rebound to the 109.40/109.68 levels. Description: As long as 109.10 resistance holds on a 4-hour closing basis, the USDJPY remains in a corrective pullback...
GBPUSD: Recovers With Caution! Recommendations: Long positions above 1.3544 with 1.3600/1.3630 as next targets. Alternative scenario: The downside breakout of 1.3544 will call for a slide to 1.3515/1.3485 levels. Description: As long as 1.3544 support holds on a 4-hour closing basis, the GBPUSD remains bullish in the short term forecast with a risk...
EURUSD: Under Pressure Below 1.1938 Levels! Recommendations: Short positions below 1.1938 levels with 1.1894 & 1.1858 as next targets. Alternative scenario: The upside breakout of 1.1938 will call for a rebound to the 1.2012/1.2045 levels. Description: As long as 1.1938 resistance holds on a 4-hour closing basis, the EURUSD remains on the downside...
USDINDEX: Halts Upside Faces Corrective Pullback Threats! With USDINDEX failing to continue higher through the 92.73 levels, a short-term resistance has been printed at that level, while its immediate risk remains higher above the 91.75 levels, the USDINDEX will have to break and hold above the 92.73 levels to prevent a...
EURUSD Call on EURUSD around 1.1740 - Expiration: End of the Week. Put on EURUSD around 1.2045 - Expiration: End of the Week. GBPUSD Call on GBPUSD around 1.3347 - Expiration: End of the Week. Put on GBPUSD around 1.3745 - Expiration: End of the Week. USDJPY Put on USDJPY around 111.00 - Expiration: End of the Week. Call...