Dailyfx signals with Technical Reviews


GBPUSD may the currency pair will climb bit upward till 1.5715 / 1.5725 then again it will continue its bearishness. 

EURUSD support line at 1.2170  a weak level, timeframes suggest the downward .Trend will persist, consequently, support area at 1.2135/06 should give in eventually, paving way towards 1.1986/26

USDJPY Always buy the pair when shows a clear uptrend and Sell when the pair shows a clear downtrend Neutral means no specific trend for the pair.

USD/CHF is slowing down because the pair being overbought to a substantial extent meanwhile, supports at 0.9692/57 and 0.9581/56 .then it will continue.





 EUR/USD intraday: capped by a negative trend line.

Pivot: 1.223
Our preference: Short positions below 1.223 with targets @ 1.2165 & 1.215 in extension.
Alternative scenario: Above 1.223 look for further upside with 1.2265 & 1.2295 as targets.
Comment: the pair is posting a rebound but remains capped by a declining trend line.
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 GBP/USD intraday: rebound.

Pivot: 1.542
Our preference: Long positions above 1.542 with targets @ 1.5515 & 1.555 in extension.
Alternative scenario: Below 1.542 look for further downside with 1.539 & 1.537 as targets.
Comment: the RSI is well directed, the pair has broken above its resistance and should post further advance.
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 USD/CHF intraday: further advance.

Pivot: 0.98
Our preference: Long positions above 0.98 with targets @ 0.9875 & 0.99 in extension.
Alternative scenario: Below 0.98 look for further downside with 0.976 & 0.974 as targets.
Comment: the pair is rebounding on its bullish channel lower boundary.
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 USD/JPY intraday: under pressure.

Pivot: 79.55
Our preference: Short positions below 79.55 with targets @ 79.1 & 78.85 in extension.
Alternative scenario: Above 79.55 look for further upside with 79.8 & 80 as targets.
Comment: the pair is on the downside and should reach its previous low.
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 AUD/USD intraday: key ST resistance at 1.018.

Pivot: 1.018
Our preference: Short positions below 1.018 with targets @ 1.0095 & 1.005 in extension.
Alternative scenario: Above 1.018 look for further upside with 1.0215 & 1.024 as targets.
Comment: as long as 1.018 is resistance, look for choppy price action with a bearish bias.
Please note:-

My settings for profitable trades:

MACD (12; 26; 9)
RSI (14)
Stochastic (5; 3; 3)
CCI (14)
AROON (14)
Alligator (13; 8; 5)
SAR (0.02; 0.2)

Always Buy the pair when it shows a clear uptrend and
Sell the pair when shows a clear downtrend don’t take risk when you see Neutral no specific trend for the pair .

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