Master daily Forecasts

Discussion in 'FreshForex Analysts Contest' started by Francmorio, Sep 25, 2017.

  1. Francmorio

    Francmorio Member

    AUDJPY BUY SIGNAL
    [​IMG]
    Trade Signal:
    Buy AUDJPY now with your stop loss below 88.392 and Take profit at 90.404
     
  2. Francmorio

    Francmorio Member

    GBPUSD BUY SIGNAL
    [​IMG]
    Trade Signal

    wait for a buy signal to buy GBPUSD within 1.34783-1.33139 to buy the cable with you take profit at 1.47472 and stop loss below 1.33139
     
  3. Francmorio

    Francmorio Member

    CHFJPY Buy Signal
    [​IMG]
    Trade Signal

    Wait for CHFJPY to retrace towards 155.57 to buy this pair with your take profit at 116.35
     
  4. Francmorio

    Francmorio Member

    USDCHF Buy Signal
    [​IMG]
    Trade Signal

    Wait for USDCHF to pullback towards 0.9746 then sell this pair towards 0.9451
     
  5. Francmorio

    Francmorio Member

    CADJPY Sell Signal
    [​IMG]
    Trade Signal

    Short CADJPY around 90.35 with your take profit at 89.02.
     
  6. Francmorio

    Francmorio Member

    AUDNZD Sell Signal
    [​IMG]
    Trade Signal

    Wait and sell AUDNZD around 1.0964 with your take profit at 1.0833
     
  7. Francmorio

    Francmorio Member

    EURJPY Buy Signal
    [​IMG]
    Trade Signal

    Wait for a possible buy within 132.34-131.78 with your stop loss below 131.78
     
  8. ibm'73

    ibm'73 Active Member

    8 Nov 2017

    EUR / USD

    At the end of Tuesday's session EUR / USD closed at 1.1586 or 0.23% lower than Monday's close of the session. The pair had dropped to 1.1554, its lowest level since July 20.

    After rebounding from that low, up to Wednesday morning EUR / USD is still halted by one of the strong resistance on the 4-hourly chart at 1.1595 and as the analysis is being set the EUR / USD is struggling to produce a considerable close above it. Next resistance at 1.1625.

    If the bullish close fails to reach, EUR / USD is at risk of a depressed return. The yesterday's session low level became the first and next support at 1.1515.


    USD / JPY

    USD / JPY remains in the short-term consolidation phase, moving back and forth between strong support and resistance over the past few days. Yesterday USD / JPY closed positively at 113.99, up 0.26% compared to previous session closing.

    Furthermore since today's session opening USD / JPY moves back south with intraday lows while at 113.64, right on the uptrend line on daily charts adjacent to other strong support at 113.68.

    So now there is a chance of rebound for USD / JPY with intraday high level while this morning at 114.00 which play the first resistance. The next resistance is 114.40.


    GBP / USD


    The positive movement of GBP / USD on Friday and Monday sessions was hit by the 50% Fibonacci retracement level at 1.3178. At the close of Tuesday's session GBP / USD closed negatively at 1.3167 but was recorded only down 0.06% compared to Monday's close. So bullish opportunities still exist today.

    Strong support-support for today is seen at 1.3160 and 1.3125. For a while GBP / USD has the potential to move in the range 1.3125 up to 1.3178. If the bullish strength increases and can break through the first resistance then GBP / USD can move up further with the next targets at 1.3213 and 1.3254.


    AUD / USD

    After bumping strong resistance on daily chart, now at 0.7692, on Tuesday AUD / USD was descending down to 0.7625 until it ended negative at 0.7642 or down 0.61% compared to Monday's close.

    Despite Wednesday morning rebound, AUD / USD remains overshadowed by bearish pressure which has the first resistance area at 0.7670. Until there can be a strong penetration of the area, at least on the hourly chart, AUD / USD is still risking down again.

    The support zone 0.7623 / 25 will be the target of the sellers. If it is broken, AUD / USD may slip to the next support at 0.7569.
     
    Nia likes this.
  9. ibm'73

    ibm'73 Active Member

    9 Nov 2017

    EUR / USD


    On Wednesday EUR / USD ended up edging up 0.09% at 1.1596. The positive gain has so far not turned the bearish potential on the daily chart as EUR / USD remains below strong resistance of 1.1640.

    On 4-hourly chart or 1-hour potential sideways potential in the range 1.1579 to 1.1611, the range is narrow but the two restrictions can be used as a benchmark to estimate the direction of movement of EUR / USD in today.

    It should be kept close to the closing level against the resistance on the daily chart because without a sufficiently high close above it means EUR / USD will only widen and extend its consolidation.

    USD / JPY

    USD / JPY briefly fell to 113.37 before ending negative 0.12% at 113.85 at the close of the trading session Wednesday. Next up to Thursday morning the position of USD / JPY remains above two strong support on the daily chart which now happens to be both at the same level of 113.75.

    So it is important to keep a close watch on the USD / JPY closing level of the support zone as that area could be a marker of weakening upward push if there is a close enough cover on it.

    For today there is a chance USD / JPY will move sideways in the range 113.75 to 114.35.

    GBP / USD


    On Wednesday, as also happens on Tuesday, GBP / USD failed to hit the 50% Fibonacci retracement level at 1.3178. The kuta selling action then occurs so that the GBP / USD down to 1.3086 then ends down 0.39% at 1.3116.

    The session's yesterday's low level now serves as one of the intraday supports. The next support that becomes the target of the bears who still dominate the GBP / USD trade is 1.3045.

    Strong resistance on the 1-hour chart which on Thursday morning was at 1.3165 for a while will remain a major barrier the morning of the bulls struggle. Even if on the hourly chart there is no immediate penetration strong against the 1.3120 zone then the selling pressure can drag GBP / USD to 1.3045 first before any significant rebound occurs.

    AUD / USD


    During the last five session AUD / USD shows the movement back and forth alias sideways. Yesterday AUD / USD ended up 0.44% at 0.7676 but by no means today AUD / USD should continue moving north.

    The daily chart shows AUD / USD remains below strong resistance of 0.7692 adjacent to the 200-day simple moving average at 0.7698. In short as long as the 0.7700 round number zone can not be overcome then AUD / USD remains under the shadow of selling pressure.

    Intraday support this morning was observed in 0.7657 / 67 zone. The next support zone is 0.7627 which is long term support which promises a big rebound step if it persists and in this area has been formed double-bottom.
     
    Nia likes this.
  10. ibm'73

    ibm'73 Active Member

    10 Nov 2017

    EUR / USD


    With Thursday's positive close at 1.1642 or up 0.4%, today the EUR / USD has the potential to go higher although this morning it is still blocked by strong resistance on the daily chart at 1.1648.

    Thursday's session highs at 1.1655 could potentially be the trigger area for a bigger sell-off. The next bullish target of EUR / USD is the downward trendline that is now located at 1.1700.

    Intraday support this morning was observed at 1.1638 and 1.1620. If EUR / USD reverses closing below 1.1620, on a 1-hour chart, then it becomes a sign of dominance of sellers on a large still time frame still strong.

    USD / JPY


    USD / JPY dipped sharply on Thursday, to 113.07 and then ended negative at 113.45, down 0.35% compared to Wednesday's close.

    With the strong penetration occurring against two support on daily charts then today USD / JPY is likely to continue moving south with targets at 112.94 and 112.54.

    Intraday resistance on Friday morning is seen at 113.45 and 113.80.

    GBP / USD

    GBP / USD closed up 0.23% at 1.3146 at the end of trading yesterday. Despite having a chance of rising, GBP / USD is likely to move sideways up on the hourly chart there is a considerable close above 1.3170, with the next target at 1.3218.

    Intraday support on Friday morning was observed at 1.3135, 1.3118 and 1.3085.

    AUD / USD


    AUD / USD closed the session Thursday by up 0.01% or barely changing from Wednesday's session. This pair is in the consolidation phase, so so far there is no potential for big moves today.

    Even after the Australian Central Bank's monetary policy statement released the AUD / USD barely moved.

    AUD / USD is also retained by the resistance zone 0.7700 and at the downside 0.7627 support zone also persisted. So most likely today AUD / USD will remain between the two levels.
     
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  11. ibm'73

    ibm'73 Active Member

    13 Nov 2017

    EUR / USD

    In last session last week, EUR / USD closed at 1.1665 or 0.2% lower than Thursday's close. At the weekly close of recorded EUR / USD rose 0.49% from the previous week's close.

    On daily chart EUR / USD looks to start closing above 1.1650, giving hope for continuation of the upward movement that occurred since the pair bounced off 1.1554.

    Support on the 4-hour chart is now observed at 1.1640 and as long as the support holds EUR / USD it will still keep chances to move towards the 1.1705 area.

    USD / JPY

    At last week's closing session, USD / JPY closed at 113.51 or 0.05% higher than Thursday's close. On weekly closing, however, USD / JPY fell 0.52% from the previous week's close.

    On daily chart seen USD / JPY remains in consolidation zone with the range 112.95 to 114.72. Meanwhile, on the 4-hour time frame there was also a downside movement USD / JPY stuck by the 200-period simple moving average at 113.12.

    Today if there is no big move factor, USD / JPY potentially move within the range of 113.12 to 113.82.

    GBP / USD


    On Friday's session, GBP / USD closed at 1.3198 or 0.4% higher than Thursday's close. At weekly close of recorded GBP / USD rose 0.95% from the previous week's close.

    Nevertheless GBP / USD has not come out of the consolidation phase with a triangle-shaped price pattern that today's upper limit is at 1.3310 and the lower limit is at 1.3043.

    Further on Monday morning GBP / USD opens lower at 1.3120 then down to 1.3119 as the analysis is written, getting closer to the trend line at 1.3094 which is the medium term crucial area.

    If the support holds, GBP / USD is still likely to continue its consolidation but if it is broken, the triangle shaped consolidation pattern may change and in the short term GBP / USD may continue to slip.

    AUD / USD

    In last session last week, AUD / USD closed negative at 0.7660 or 0.22% lower than Thursday's close. But at the weekly close of AUD / USD the dollar rose 0.2% from the previous week's close.

    AUD / USD is again stuck in two strong areas of medium term support, as well as double-bottom on daily chart, in the area of 0.7623, and dynamic resistance that day is perched at 0.7688.

    Today the selling pressure is still visible but does not close the opportunity for sideways movement between the two strong zones and still be paid pressure from the bears.
     
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  12. ibm'73

    ibm'73 Active Member

    14 Nov 2017

    EURUSD

    At the close of Monday's session EURUSD was virtually unchanged, closing at 1.1667 or up just 0.02% higher than Friday's close.

    Currently there are two important areas in the intraday time frame that is the support at 1.1638 and the resistance at 1.1687. If support is broken then EURUSD potentially descends to the next targets at 1.1611 and 1.1579.

    Conversely, if 1.1687 is broken then it will not only change the intraday trend but also in the short term because that area is a trend line down on the daily chart which becomes the door to 1.1710 and 1.1750.

    USDJPY

    USDJPY ended up 0.08% thin at 113.60 at Monday's close. The pair remains in the short-term consolidation phase and still looks upside potential on the 4-hour chart.

    At that time frame, the 200-period simple moving average this morning at 113.15 proved to be one of the USDJPY short-term uptrend keepers, meaning today USDJPY could potentially head north especially if the resistance at 113.80 is penetrated.

    But USDJPY can also continue its sideways movement today due to some important data and monetary agenda today. For a time, the potential for sideways strikes seen on the hourly chart is 113.28 to 113.78.

    GBPUSD


    On Monday GBPUSD fell from 1.3180 up to 1.3062 and ended negative at 1.3115 or down 0.63%. But yesterday selling pressure has not been able to break through a mid-term uptrend trend line today at 1.3100.

    At the same time GBPUSD also remains in a triangular price movement pattern that allows for short-term sideways movement.

    Given the important data from the UK and the agenda of BoE officials today, as well as data from other countries, GBPUSD has the potential to sideways for a while, with potential range of movement between 1.3105 and 1.3200.

    AUDUSD


    On yesterday session AUDUSD fell to close at 0.7621 or 0.63% lower than Friday's close. This morning the resale pressure was seen as yesterday the AUDUSD had ended below a strong medium term support that is a Fibonacci level at 0.7627.

    At 4-hourly chart this morning AUDUSD looks under dynamic resistance at 0.7645 which if persisted will keep potential bearish today. The bears appear to be eyeing 0.7575 / 69. Next target at 0.7518.
     
  13. Francmorio

    Francmorio Member

    ASX Analysis:
    [​IMG]
    Trade Signal:

    If the price can close above 5996.2, then we may consider a buy position with our target at 6112.0 or even higher.
     
  14. Francmorio

    Francmorio Member

    Ford Motors Technical Analysis:
    [​IMG]
    Trade Signal:

    Ford Motors is trading within a range, not going above 12.43 or below 12.00. If the price can break either of these levels, then we will enter a trade based on the direction of breakout. But as it on the chart above, we expect the price to rise towards 12.43
     
  15. Francmorio

    Francmorio Member

    EURNZD Buy Signal.
    [​IMG]
    Trade Signal.

    recently a breakout was seen when the price went above the resistance lines 1.7208-1.7196. We're waiting for a pullback to the just broken zone to buy this pair towards 1.7951
     
  16. Francmorio

    Francmorio Member

    GBPAUD Buy Signal:
    [​IMG]
    Trade Signal:

    Remain Long towards 1.7614
     
  17. Francmorio

    Francmorio Member

    GBPCHF Buy Signal:
    [​IMG]
    Trade Signal:

    If the current weekly candle can close the way it is now, then this will be a perfect pin bar to buy GBPCHF towards 1.3458.
     
  18. Francmorio

    Francmorio Member

    CHFJPY Sell Signal:
    [​IMG]
    Trade Signal:

    Sell CHFJPY within 113.47 with your target at 112.95
     
  19. Francmorio

    Francmorio Member

    AUDNZD Sell Signal:
    [​IMG]
    Trade Signal:

    Wait and sell AUDNZD around 1.1308-1.1208, with your target at 1.0170
     
  20. Francmorio

    Francmorio Member

    EURAUD Buy Signal
    [​IMG]
    Trade Signal:

    Last week's candle was a perfect bullish continuation candle. Buy EURAUD Now with your target at 1.5953
     

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