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G/U Analysis/Prediction Feb. 10
I think gu can move up to double top at around 5730 and move down from there….but if it breaks this double top, price will move to 5800 area (hard to beleive)…there is supports at 5645/50 and 5605…so longs off supports with trailing stops and shorts off double top area with at least a 50-70 pip target…. |
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G/U Analysis/Prediction Feb. 11
There is support at 5615/05 area with stronger support at 5570…I think we can have a G/U run up to 5720-30 area today with minor resistance at 5660…but if bottom support is broken we can see the downtrend continuing… |
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Important Levels for today
GBP/USD: 1.5650; 1.5660; 1.5740; 1.5750; 1.5800; 1.5850 EUR/USD: 1.3675; 1.3647; 1.3620; 1.3600; 1.3694 USD/CAD: 1.0440; 1.0545; 1.0570 NZD/USD: 0.7010; 0.7020; 0.7035; 0.6960; 0.6925 |
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G/U Prediction/Analysis Feb. 16
We have been ranging on G/U for the past week…today we should see a test of the upper range at around 5760 area before sellers get in…supports at 5580 and 5670 and resistances at 5740-60 and the 5800 area…There is some key news this next 2 days for GBP so we should see some good movement….So going long off supports with trailing or tight stops should get some pips (unless we have a major sell-off)…Happy trading all… |
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G/U Analysis/Prediction Feb.17
Today we can reach 5850 are for gu which is an important fibo/resistance level….we have supports at 5760 and 5730 and resistances at 5805/15 and 5850 area….Going long off supports and possibly shorting from upper resistance should bank us some pips… |
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G/U Analysis/Prediction Feb. 19
After this big fall we have come to some key daily levels…I see support at 5370 and 5340 areas so taking these levels as bounce trades should get us some pips…As for resistance, we have 5455 as a key resistance as also 5490…Today should be a good mover as its desk cleaning day…Happy trading all… |
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G/U Analysis/Prediction Feb. 22
Overall we are still in a downtrend…but we had a nice bounce on a d1 fibo level…our supports are at 5435 and 5380 areas with resistance at 5485 and 5530…the upper resistance should be a good short level with a tight stop…buying off supports with trailing or tight stops should give some pips. As we are in a downtrend we should play longs safely…Good Luck guys… |
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G/U Analysis/Prediction Feb. 23
GU starting to move up after 50% d1 bounce…i see 2 key resistances which are at 5570/80 and 5620 levels, supports are at 5500 and at 5450 areas…some news today so we should get some movement… |
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G/U Analysis/Prediction Feb. 24
GU is crawling under 2 fibo levels at around 5460 area…so if it breaks up we can see 5505/15 area as our resistances…Our key supports are at 5405 and 5370 areas….RSI is bearish on m30/h1 so more possibility that we see more down if 5460 holds…. |
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G/U Analysis/Prediction Feb. 26
G/U had a nice bounce off daily 138% fibo level…we have resistances at 5290/5300 level and higher at 5330/35 areas… support at around 5260 and 5220 areas…should be a nice mover as its the last day of the month and some GBP news coming up….Have a great WE all, hope our predictions have made some pips… |
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