GBP/USD H4
In London Session cable got bullish and target 1.5250 level and the gap is also cover today. Now 1.5255 is resistance, pair got a strong pull back from this point. GBP/USD is expected to move down and test its support at 1.5140 level.
If GBP/USD break its support and H4 candle close below this level, then Aussies will further move towards southward. On the other hand, If pair manage to hold 1.5140 level and H4 candle close above it, then it will indicate GBP/USD still have some bullish strength and GBP/USD will then again move up and target 1.5255-300 level.
High impact News can affect the trend of pair. News like Fed Chairman Bernanke Speaks.
http://liveblog.umofx.com/wp-content...chnical-25.gif
AUD/USD D1
Aussies in is in bullish potential and currently it is testing its resistance around 1.0480-90 level. Price action on this level should be carefully handle. If Aussies manage to break this level and H4 candle close above 1.0490 level then we are expecting pair to further move upward. On the contrary, If pair fails to break resistance and give day closing below 1.0490 level then AUD/USD will fall towards south.
High impact News can affect the movement of pair. News like Fed Chairman Bernanke Speaks.
http://liveblog.umofx.com/wp-content...hnical-251.gif
USD/CHF D1
USD/CHF got a strong support from 0.9380 level and now moving upward to test its resistance at 0.9515 level. If pair manage to break this level and H4 candle close above 0.9515 level then pair is expecting to continue its uppish trend.
This scenario can be vanished, if USD/CHF fails to breakthrough 0.9515 level and give a day closure below resistance then pair will start moving towards southward and again target 0.9380 level.
High impact Data of USD can affect the move of USD/CHF. Data like Fed Chairman Bernanke Speaks.
http://liveblog.umofx.com/wp-content...chnical-25.gif
In London Session cable got bullish and target 1.5250 level and the gap is also cover today. Now 1.5255 is resistance, pair got a strong pull back from this point. GBP/USD is expected to move down and test its support at 1.5140 level.
If GBP/USD break its support and H4 candle close below this level, then Aussies will further move towards southward. On the other hand, If pair manage to hold 1.5140 level and H4 candle close above it, then it will indicate GBP/USD still have some bullish strength and GBP/USD will then again move up and target 1.5255-300 level.
High impact News can affect the trend of pair. News like Fed Chairman Bernanke Speaks.
http://liveblog.umofx.com/wp-content...chnical-25.gif
AUD/USD D1
Aussies in is in bullish potential and currently it is testing its resistance around 1.0480-90 level. Price action on this level should be carefully handle. If Aussies manage to break this level and H4 candle close above 1.0490 level then we are expecting pair to further move upward. On the contrary, If pair fails to break resistance and give day closing below 1.0490 level then AUD/USD will fall towards south.
High impact News can affect the movement of pair. News like Fed Chairman Bernanke Speaks.
http://liveblog.umofx.com/wp-content...hnical-251.gif
USD/CHF D1
USD/CHF got a strong support from 0.9380 level and now moving upward to test its resistance at 0.9515 level. If pair manage to break this level and H4 candle close above 0.9515 level then pair is expecting to continue its uppish trend.
This scenario can be vanished, if USD/CHF fails to breakthrough 0.9515 level and give a day closure below resistance then pair will start moving towards southward and again target 0.9380 level.
High impact Data of USD can affect the move of USD/CHF. Data like Fed Chairman Bernanke Speaks.
http://liveblog.umofx.com/wp-content...chnical-25.gif