"Forex Levels" - Trading recommendations, daily forecast on EURUSD and GBPUSD

EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.3082, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3148 and above towards resistance level 1.3236 if the market breaks above resistance level 1.3174.

If the pair breaks under support level 1.2970, a downtrend will start with the downside target set at support level 1.2894.


Support levels: 1.2970, 1.2894

Resistance levels: 1.3082, 1.3148, 1.3174, 1.3236

eurusdh1-22.12.11.gif



GBPUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.5708, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5745 and above towards resistance level 1.5785.

If the pair breaks under support level 1.5627, a downtrend will start with the downside target set at support level 1.5598 and below towards support level 1.5542.


Support levels: 1.5627, 1.5598, 1.5542

Resistance levels: 1.5708, 1.5745, 1.5785

gbpusdh1-22.12.11.gif
 
EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.3083, and if the pair breaks above that level we can expect an uptrend to develop with the

upside target set at resistance level 1.3174.

If the pair breaks under support levels 1.3030-1.2980, a downtrend will start with the downside target set at support level 1.2894.


Support levels: 1.3030-1.2980, 1.2894

Resistance levels: 1.3083, 1.3174

eurusdh1-27.12.11.gif



GBPUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.5632 and if the pair breaks above that level we can expect an uptrend to develop with the

upside target set at resistance level 1.5678 and above towards resistance level 1.5708.

If the pair breaks under support levels 1.5584-1.5541, a downtrend will start with the downside target set at support level 1.5496 and below towards support

level 1.5464.


Support levels: 1.5584-1.5541, 1.5496, 1.5464

Resistance levels: 1.5632, 1.5678, 1.5708

gbpusdh1-27.12.11.gif
 
EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.2997, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.3029 and above towards resistance level 1.3070.

If the pair breaks under support levels 1.2937-1.2894, a downtrend will start with the downside target set at support level 1.2700.


Support levels: 1.2937-1.2894, 1.2700

Resistance levels: 1.2997, 1.3029, 1.3070

eurusdh1-03.01.12.gif



GBPUSD [H1]

The pair is trading along an uptrend. Resistance level 1.5548 is seen on the way of the further upside, and if the market breaks above that level we can expect the uptrend to continue and get to resistance level 1.5583 and above towards resistance levels 1.5629 and 1.5670.

If the pair will have no possibility of rising above resistance level 1.5548 and will subsequently drop below support level 1.5464, we can expect a downtrend to develop towards support level 1.5413 and below towards support level 1.5355.


Support levels: 1.5464, 1.5413, 1.5355

Resistance levels: 1.5548, 1.5583, 1.5629, 1.5670

gbpusdh1-03.01.12.gif
 
EURUSD [H1]

The pair is trading along a downtrend. Support level 1.2892 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.2700.

If the pair will have no possibility of getting below support level 1.2892 and will subsequently rise above resistance level 1.2960, we can expect an uptrend to develop towards resistance 1.2997 and above towards resistance level 1.3050.


Support levels: 1.2892, 1.2700

Resistance levels: 1.2960, 1.2997, 1.3050

eurusdh1-05.01.12.gif



GBPUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.5670, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5727 and above towards resistance level 1.5785.

If the pair breaks under support level 1.5584, a downtrend will start with the downside target set at support level 1.537 and below towards support level 1.5497.


Support levels: 1.5584, 1.5537, 1.5497

Resistance levels: 1.5670, 1.5727, 1.5785

gbpusdh1-05.01.12.gif
 
EURUSD [H1]

The pair is trading along a downtrend. Support level 1.2615 is seen on the way down of its further development, and if the market breaks under that level we can expect the downtrend to continue and drop to support level 1.2465.

If the pair will have no possibility of getting below support level 1.2615 and will subsequently rise above resistance level 1.2728, we can expect an uptrend to develop towards resistance 1.2813 and above towards resistance level 1.2894.


Support levels: 1.2615, 1.2465

Resistance levels: 1.2728, 1.2813, 1.2894

eurusdh1-16.01.12.gif



GBPUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.5355 and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5413.

If the pair breaks under support level 1.5274, a downtrend will start with the downside target set at support level 1.5196.


Support levels: 1.5274, 1.5196

Resistance levels: 1.5355, 1.5413

gbpusdh1-16.01.12.gif
 
EURUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.2737, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.2815 and above towards resistance level 1.2894.

If the pair breaks under support level 1.2615, a downtrend will start with the downside target set at support level 1.2465.


Support levels: 1.2615, 1.2465

Resistance levels: 1.2737, 1.2815, 1.2894

eurusdh1-17.01.12.gif



GBPUSD [H1]

The pair is in a sideways trend. Resistance level is seen at 1.5367, and if the pair breaks above that level we can expect an uptrend to develop with the upside target set at resistance level 1.5423.

If the pair breaks under support level 1.5331, a downtrend will start with the downside target set at support level 1.5274.


Support levels: 1.5331, 1.5274

Resistance levels: 1.5367, 1.5423

gbpusdh1-17.01.12.gif
 
EURUSD [H1]

The pair is trading along an uptrend. Resistance level 1.3050 is seen on the way of the further upside, and if the market breaks above that level we can expect the uptrend to continue and get to resistance level 1.3173.

If the pair will have no possibility of rising above resistance level 1.3050 and will subsequently drop below support level 1.2960, we can expect a downtrend to develop towards support level 1.2877.


Support levels: 1.2960, 1.2877

Resistance levels: 1.3050, 1.3173

eurusdh1-25.01.12.gif



GBPUSD [H1]

The pair is trading along an uptrend. Resistance level 1.5650 is seen on the way of the further upside, and if the market breaks above that level we can expect the uptrend to continue and get to resistance level 1.5710.

If the pair will have no possibility of rising above resistance level 1.5650 and will subsequently drop below support level 1.5600, we can expect a downtrend to develop towards support level 1.5536.


Support levels: 1.5600, 1.5536

Resistance levels: 1.5650, 1.5710

gbpusdh1-25.01.12.gif
 
EURUSD [H1]

The pair is trading along an uptrend. Resistance level 1.3541 is seen on the way of the further upside, and if the market breaks above that level we can expect the uptrend to continue and get to resistance level 1.3614 and above towards resistance level 1.3694.

If the pair will have no possibility of rising above resistance level 1.3541 and will subsequently drop below support level 1.3413, we can expect a downtrend to develop towards support level 1.3340.


Support levels: 1.3413, 1.3340

Resistance levels: 1.3541, 1.3614, 1.3694

eurusdh1-27.02.12.gif



GBPUSD [H1]

The pair is trading along an uptrend. Resistance level 1.5945 is seen on the way of the further upside, and if the market breaks above that level we can expect the uptrend to continue and get to resistance level 1.6087.

If the pair will have no possibility of rising above resistance level 1.5945 and will subsequently drop below support level 1.5848, we can expect a downtrend to develop towards support level 1.5767.


Support levels: 1.5848, 1.5767

Resistance levels: 1.5945, 1.6087

gbpusdh1-27.02.12.gif
 
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