ForexFunction

ForexFunction

Eurusd failed to break resistance level. So this pair remains on ranging zone. Sell level and buy level has been marked on the chart, we can follow the level to enter on the market

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Gbpusd started this week with big gap. Now this pair can look for further down if it breaks 1.2000 level. Otherwise, we can look for buy for short time to recover this gap area.

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Gbpusd has been rejected from its key support area at 1.2121 level. On the chart, we ca see bullish candle with long leg from the support level. It indicates bullish power on this pair. We can look for buy entry on this pair above the support level. Next target will be 1.2300 level

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This pair is now on bearish mode. We can observe sell power on this pair. Before closing previous week, this pair was on strong sell mode. So we can stay on bearish side on next week.

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Usdjpy has rejected from retesting the triangle pattern. Pin bar has been formed on h4 which indicates for further bearish movement on this pair. So we need to stay on sell mode on this pair. 115.40 level is near term sell zone and resistance level for usdjpy.

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EURUSD is still trading below the upper level of the resistance area. Now this pair is near to break this level. So we can wait for successful breakout and then buy on this pair. If we find any bearish candle on h4 time frame from this level, then we need to sell on eurusd for short time. Intraday bias of eurusd is still neutral.

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After yesterday's bullish movement, this pair has returned to its original trend. Now we can stay on sell mode on this pair as this pair has formed evening star on h4 chart. So we should look for sell from lower time frame and target will be 1.2100

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EURUSD is now fighting with resistance level at 1.0660 level. If this level can be broken successfully, then we would see more bullish movement on this pair. This pair is strong enough to break this level. So buyers can hold their entry up to 1.0800 level. 1.0625 level is now new support for this pair. So if we can find this pair on support level, then we should...

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In my last EURUSD, i expected bullish movement on this pair and immediately this pair started bullish rally and reached resistance level again. Now this pair needs to fight with this resistance level. If this pair can keep this bullish movement, then we may see this pair at 1.0800 level. Otherwise, we can expect now some retrace for short term. TP will be 30-80...

ForexFunction

USDJPY has broken triangle as shown on the chart. This pair is staying below broken level. So we can expect more fall on this pair. 115.50 level can be good sell level for this pair. If we find this pair near to this level, then we can go for sell for long term on this pair.

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Gbpusd has rejected from critial support level. Now we can go for buy for 100-200 pips. For short term, we should look for buy after retrace of the pair. So if we find any bullish candle on H1 time frame, then we can go for buy on this pair

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Eurusd can start bullish movement from near term support level. So we need to go for buy again if we find this pair near to 1.0460 level. In my previous analysis, i mentioned for sell from resistance level, this pair fell from that resistance area. Overall bias for this pair is still neutral. Need to break resistance, support for further movement

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Gbpjpy broke head and shoulder pattern recently, signaling long term sell. We can expect short entry by retest from 200 ema which will be great entry for this pair.

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Gbpusd is continuing its bearish rally as i expected in my previous analysis. This pair is weak at this moment. We didn't find any bullish sign on h4 or daily. So we should avoid from taking buy on this pair. Sellers are still on control over this pair.

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Eurusd is fighting with resistance level at this moment. It is still below the resistance level. This pair need more bullish power to break the resistance level. So if we can get breakout of this resistance, then we can go for buy on this pair. Now this pair is on neutral mode.

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USDJPY has rejected from its key support level again. This pair is still above of 200 ema on h4. EMA is near to support level. So this support level can decide its next trend. So if this pair can hold this support, we can expect more bullish on this pair.

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Eurjpy is forming pin bar on h4 time frame. If it can formed successfully, then we can expect bullish movement from this pair. For buy, target will be 123.70 level

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As i mention about bearish momentum on eurusd pair, this pair is falling near from sell area. We can see pin bar pattern on h4 time frame, we indicates another sell chance on this pair. On the chart, sell level has been pointed and risk/reward ratio is 1:2.