EUR/USD D1
EUR/USD will face its support at 1.2990 level today. Bollinger bands are providing sell signals for the pair. If pair manage to break through its support level and H4 candle close below 1.2990 level then it will indicate EUR got more bearish potential which will take pair towards 1.2920 level.
The scenario can be vanished. If pair manage to break its resistance 1.3040 level and H4 candle close above it, then pair will again move upward and target 1.3200 level.
High impact News can affect the movement of EUR/USD. News like Existing Home Sales.
http://charts.mql5.com/1/384/eurusd-...ex-limited.png
GBP/USD D1
The Cable is expected to test its support 1.5190 level today. Bollinger bands are also showing sell signals for GBP/USD. Price action on 1.5190 level should be handle carefully. If GBP/USD break its support and H4 candle close below 1.5190 level then it will open gate towards south and cable will then target 1.5135-100 level respectively.
On the other hand, Break of resistance 1.5260 level will provide bullish strength to GBP/USD and pair will move up and target north.
High impact News can affect the Trend of EUR/USD. News like Existing Home Sales.
http://charts.mql5.com/1/384/gbpusd-...ex-limited.png
AUD/USD D1
The outlook for the pair is bearish for today. AUD/USD will test its support at 1.0260 level. Price action on this level should be watch. If Aussies manage to break through 1.0260 level and H4 candle closure below support then it will allow pair to continue its bearish trend.
On the contrary. If pair manage to hold its support level and closure H4 above 1.0260 level then it will indicate pair got support and AUD/USD will then start moving towards northward.
High impact News can change the scenario. News like Existing Home Sales.
http://charts.mql5.com/1/384/audusd-...ex-limited.png
USD/CAD D1
USD/CAD is trading in a range of 1.0200-0290 level. Break of any level will clear the trend. If USD/CAD manage to break 1.0290 level and H4 candle close above resistance then USD/CAD will gain bullish strength and continue its uppish trend. But if pair fails to overcome its 1.0290 level then pair will start moving southward and target 1.0200 level.
High impact News of USD can affect USD/CAD. News like Existing Home Sales.
http://charts.mql5.com/1/384/usdcad-...ex-limited.png
22 April 2013
EUR/USD will face its support at 1.2990 level today. Bollinger bands are providing sell signals for the pair. If pair manage to break through its support level and H4 candle close below 1.2990 level then it will indicate EUR got more bearish potential which will take pair towards 1.2920 level.
The scenario can be vanished. If pair manage to break its resistance 1.3040 level and H4 candle close above it, then pair will again move upward and target 1.3200 level.
High impact News can affect the movement of EUR/USD. News like Existing Home Sales.
http://charts.mql5.com/1/384/eurusd-...ex-limited.png
GBP/USD D1
The Cable is expected to test its support 1.5190 level today. Bollinger bands are also showing sell signals for GBP/USD. Price action on 1.5190 level should be handle carefully. If GBP/USD break its support and H4 candle close below 1.5190 level then it will open gate towards south and cable will then target 1.5135-100 level respectively.
On the other hand, Break of resistance 1.5260 level will provide bullish strength to GBP/USD and pair will move up and target north.
High impact News can affect the Trend of EUR/USD. News like Existing Home Sales.
http://charts.mql5.com/1/384/gbpusd-...ex-limited.png
AUD/USD D1
The outlook for the pair is bearish for today. AUD/USD will test its support at 1.0260 level. Price action on this level should be watch. If Aussies manage to break through 1.0260 level and H4 candle closure below support then it will allow pair to continue its bearish trend.
On the contrary. If pair manage to hold its support level and closure H4 above 1.0260 level then it will indicate pair got support and AUD/USD will then start moving towards northward.
High impact News can change the scenario. News like Existing Home Sales.
http://charts.mql5.com/1/384/audusd-...ex-limited.png
USD/CAD D1
USD/CAD is trading in a range of 1.0200-0290 level. Break of any level will clear the trend. If USD/CAD manage to break 1.0290 level and H4 candle close above resistance then USD/CAD will gain bullish strength and continue its uppish trend. But if pair fails to overcome its 1.0290 level then pair will start moving southward and target 1.0200 level.
High impact News of USD can affect USD/CAD. News like Existing Home Sales.
http://charts.mql5.com/1/384/usdcad-...ex-limited.png
22 April 2013