Technical Report For The Week From March 22nd to 27th, 2015
Proudly Supported by:
XM/MT4 EUR/USD Daily Chart
After a +200 day down trend, finally by the end of last week we were witness of a reversal movement that is currently fighting to carry the pair to a higher price, we heard about the HSBC bank declarations that the good times of USD are about to finish and even if that declarations are against most of opinions we are observing that the pair is actually recovering a little bit, at least for now.
These are the most important support and Resistance levels for this week:
Support 1 @1.0759 (03/20/2015)
Support 1 @1.0614 (03/19/2015)
Resistance 1 @1.0864 (03/20/2015)
Resistance 2 @1.0933 (03/18/2015)
XM/MT4 GBP/USD Daily Chart
The same story of EUR/USD, the pair continues with the down movements but its much more recovered in comparison, now the price is fighting to keep over the EMA, if the price moves to 1.4901 or less we must look for short positions for the next hours but if the price passes the 1.5000 we must go long at least for the next hours.
These are the most important support and Resistance levels for this week:
Support 1 @1.4727 (03/17/2015)
Resistance 1 @1.5034 (03/15/2015)
Resistance 2 @1.5500 (03/20/2015)
XM/MT4 USD/CHF Daily Chart
The pair has been recovering from the crazy move of January 15th, after +145 pips recovery movement we can observe a reversal movement that for now looks like its not going to last so much and the long term trend is about to be back we must be aware of the movements for the next days to have a bigger perspective of the market.
These are the most important support and Resistance levels for this week:
Support 1 @0.9281 (01/30/2015)
Support 2 @0.8520 (01/21/2015)
Resistance 1 @1.0088 (01/16/2015)
Resistance 2 @1.0203 (01/15/2015)
XM/MT4 USD/JPY Daily Chart
The USD/JPY is the only currently stable pair used in this analysis, we can observe a posible double top @121.54 we must be aware of what the pair is going to do at this level, for the moment we can look for long positions and cover the orders at any change of direction.
These are the most important support and Resistance levels for this week:
Support 1 @116.93 (02/04/2015)
Support 1 @116.12 (01/16/2015)
Resistance 1 @121.61 (03/11/2015)
We hope this weekly report help you to determine the most important reversal and continuation levels during the week, this data is not 100% accurate as the speculative system is, these numbers are a reference and definitely not represent a secure trading signal service, make sure to use your own trading system in parallel with the attached report to determine your own entry points.
Forex Trading can be a great source of income but is also a high risk business, make sure to complete your training in demo before start trading with a real Forex account and make sure that the money you invest comes from a secure source, we always recommend to avoid trading with money that you cannot afford to lose.
Once again we´re showing the world what are we capable of, this morning we just hit +100% goal of this week and we´re moving forward for getting +150 for the next week, this shows just how accurate our system is and much more important is that this amazing profits are not a result of a gamble, ou contraire! is the result of years of trading and investigation, you can suscribe for $25/month. Best Regards. For more info go to https://www.mql5.com/en/signals/92664
