Price Action Analysis for: GBPUSD url EURUSD url

Price Action in Day Trading by Dadas

Expect that GBPUSD after yesterday break out through 1.6023 level will try to retrace to 1.6114 level. Look for long positions at 1.6005-10 level or if this fails 1.5958-63 level. On the other side look for short position around 1.6114-19 level. ...

Cable Update (GBPUSD)

EURUSD after breaking through 1.3450 to the upside is expected to continue correction that might reach even 1.3650. Yesterday night pair touched 38.2% @ 1.3497. If EURUSD breaks through 1.3500 it will be expected to reach 1.3570 (50% retracement of ...

EURUSD

I'm watching 1.3450 and 1.3470-80 as good levels for short. Consider break through 1.3500 as a long opportunity. I think we are in corrective mode after 500 pips drop.

EURUSD

GBPUSD fighting 1.5900 in the attempt to validate double top pattern - look at pictures here: url

Cable Update (GBPUSD)

EURUSD again at 1.3450 which is a very good place to join down move. If it fails, another short position should be open aorund 1.3475-80 for 20 pips TP (just before 1.3450) where one may look for longs towards 1.3500.

EURUSD

opened short trade - anticipating drop down

Cable Update (GBPUSD)

In that case I will look for longs once out

Cable Update (GBPUSD)

Shorted 1.5913...

Cable Update (GBPUSD)

We are watching price action of GBPUSD right now, after break through 1.5900 to the downside. Look at 1.5895-1.5915 zone as a level to open short position. Be aware of possible fake out that will keep GBPUSD in consolidation between 1.5900 and ...

Cable Update (GBPUSD)

After strong and fast move down from 1.3830 to 1.3300 it's wise to expect a correction. 1.3300 have been defended and we were not able to go lower even after NFP on Friday. We are going to watch 1.3450 and 1.3500 as good levels to short and test ...

EURUSD

Anticipated scenario form 06.11.2013 was fulfilled yesterday evening. Now we are looking to take a short around the same spot which is 1.3450 – start watching price action above 1.3440 and then we’ll decide about the details of a short trade. ...

EURUSD

Today we have PMIs from UE and usually it’s better to wait till 9am GMT when it’s over. Tomorrow ECB Rate decision and Conference. Watch price action at 1.3520-30 and 1.3440-50. Those are two zones where to expect fight between supply and demand. We ...

EURUSD

After GBPUSD dropped down from 1.6256 we expect to it correct a bit. Looking for short positions at 1.6000-05 or 1.6075-80 levels. On the other side we’ve got very strong level at 1.5893 and we’ll be looking for a long position there while GBPUSD is ...

Cable Update (GBPUSD)

EURUSD had a spectacular drop of nearly 400 pips last week. While fighting strong supply zone @ 1.3450-70 we expect correction before heading further down (if zone defeated). Shorts below 1.3475 on a meaningful break and retracement to the long term ...

EURUSD

GBPUSD still at the down trend . Looking to catch it with short position at 1.6075-80 or 1.6114-18 levels. On the other side the uptrend starts when currency break through 1.6114 level. More @ url

Cable Update (GBPUSD)

EURUSD at 1.3682-1.3658 zone where we can expect more demand to show up. Stop losses below 1.3650 are already being defended. Perfect place to join this downward move is @ 1.3750 or below 1.3655 on retracement. Consider long position on the third or ...

EURUSD

After yesterday’s break of 1.6114 level we expect that GBPUSD will still move down. Looking for a short position at 1.6060-1.6065 level , or at 1.6114-18. If that scenario is not gonna work, we wil wait for another setup.

Cable Update (GBPUSD)

After quite emotional move up and down yesterday EURUSD spent a night between 1.3730-1.3750. Visible defence of 1.3730 will give the reason to think about longs. In our opinion 1.3752 and 1.3765 are good levels to try to open short positions (1.3765 ...

EURUSD

If we get to 1.3830 on one H1 bar (3min.) short around 1.3830-35 SL 12 pips, TP 20-25 pips. If not we will look at 1.3830 as a good place to take short, but after visible resistance. It might be a good level to take a short at the end of US session. ...

EURUSD