Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on January 18
Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on January 18
A good sell signal emerged for the euro at 1.2131. Meanwhile, the pound showed a good downward movement on Friday, thereby giving quite a huge profit to traders.
Pregled Forex analiza
Indicator analysis. Daily review for the EUR/USD currency pair on January 18, 2021
The pair moved down last Friday and tested the support 1.2073 (blue dotted line). Today, the price may continue to move down. No important news is expected on Monday. In the afternoon, the market will be narrow (it is a day off in the US).
Analytics and trading signals for beginners. How to trade EUR/USD on January 18? Plan for opening and closing deals on Monday
The euro/dollar pair may continue to move down, however, the MACD indicator will not be able to form a new sell signal in the near future.
Technical Analysis of ETH/USD for January 18, 2021
Ethereum slowly climbs above $1,200 again
Technical analysis of EUR/USD for January 18, 2021
The EUR/USD pair faced resistance at the level of 1.2223, while minor resistance is seen at 1.2125. Support is found at the levels of 1.2040 and 1.2015. The EUR/USD pair opened below the daily pivot point (1.2125). It continued to move downwards from the level of 1.2125 to the bottom around 1.2065.
Technical Analysis of GBP/USD for January 18, 2021
Pound failed to break through the recent swing high
EUR/USD: Biden's special inauguration, Italy's crisis, and US weak retail sales
The US dollar index reached monthly highs, amid continued demand for the US currency. The general nervousness associated with the inauguration of Joe Biden serves as an impulse for the dollar's growth.
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Indicator Analysis. Daily review for the GBP/USD currency pair 01/18/21
Last Friday, the pair went down and tested the 13 average EMA of 1.3584 (yellow thin line). Today, the price may continue to go down according to the economic calendar news, it is expected at 13.30 UTC (pound). The market will be narrow after lunch (weekend in the US)
Technical analysis of GBP/USD for January 18, 2021
On the one-hour chart, the shared currency is trading in a bear trend below the 100 -day simple moving averages (EMAs). The GBP/USD pair's breaking above a multi-week trend line and is challenging the 100 EMA. Suggesting bearish momentum in the medium term. The GBP/USD pair is consolidating the.
GBP/USD: plan for the European session on January 18. COT reports (analysis of deals). Pound weakens against dollar amid general decline in investor optimism
In my forecast for the first half of the day, I paid attention to the 1.3661 level and advised you to act based on it. Let's take a look at the 5-minute chart and talk about the signals that led to a market entry...
EUR/USD: plan for the European session on January 18. COT reports (analysis of deals). Risk of US riots and increased quarantine measures in Germany weigh on the euro
The euro was sold all day on Friday. I highlighted the area where the first breakdown of the 1.2144 level occurred on the 5-minute chart, afterwards the pair returned several times and tested this range from the bottom up, which resulted in creating a signal to sell the euro...
Elliott wave analysis of GBP/JPY for January 18, 2021
The break below 141.38 demonstrates that the push to 142.26 cannot be green wave iv, but rather a green wave i/, and the ongoing decline is green wave ii/. We expect that short-term key-support 140.31 will be able to protect the downside for a break above minor resistance at 141.09 indicating that.
Elliott wave analysis of EUR/JPY for January 18, 2020
EUR/JPY has pushed lower than the ideal 125.72 and is hovering just above 125.14. This leaves us with two possible scenarios. The first sees the decline from 127.50 as red wave iv and one more push higher to above 127.50 should be expected in red wave v. The second scenario sees red wave i/.
Forecast for GBP/USD on January 18, 2021
Preparing the pound for another attempt to break below the support at 1.3480.
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