Technical Analysis of GBP/USD for August 17, 2017

From H1 chart we can see this pair looks like bullish trend, but currently candle stick looks like bearish, but i dont think that it will continue to go on downside, because it currently standing above of daily pivot level and also near to 1st resistance 1.2914 level, i think today it will break this level and if today it break this level then it will try to break daily 2nd resistance 1.2938 level.

By observation on technical indicators and moving averages we can see indicators provide currently this pair now strong bullish trend, but moving average are now on neutral zone, so that i think we need to wait more time and i think after breaking daily 1st resistance 1.2914 level we can enter on long position.

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Technical Analysis of EUR/USD for August 17, 2017

This pair currently standing above of daily pivot level, but till not break daily 1st resistance 1.1802 level, From H1 chart we can see currently it trying to go on downside, but i dont think that it will continue to go downside for long time, so that i think for today it will break daily 1st resistance 1.1802 level and if today it break this level then it will try to break daily 2nd resistance 1.1838 level.

By observation on technical indicators and moving averages we can see both are saying this pair currently on strong bullish trend, so that i think for today we can keep our trade on long side.

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Technical Analysis of GBP/USD for August 09, 2017

This pair currently looks like sideways, yesterday it was break major support level, so that i think for long term it will continue to go on downside, For today we should wait until break daily 1st support 1.2944 level, i hope today it will break this level, otherwise if today it break daily 1st resistance 1.3045 level then there are more chance to go upward for long term.

By observation on technical indicators and moving averages we can see indicators and moving averages provide different signal, so that i think this time is not secure to enter on any side. we should wait more time for getting better entry point for today.

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Technical Analysis of EUR/USD for August 09, 2017

From H1 chart we can see this pair currently standing below of daily pivot level, but yet not break daily 1st support 1.1702 level and currently it trying to go on upward, but i think today it will still continue to go on downside and will be break daily 1st support 1.1702 level, if today it break this level then it will try to break daily 2nd support 1.1653 level.

By observation on technical indicators and moving averages we can see both are saying this pair currently on bearish trend, so that i think today it will break daily 1st support level and if today it break this level then we can enter on short side.

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Technical Analysis of EUR/USD for August 07, 2017

This pair currently standing on daily pivot level and support or resistance level are too far, so that i think currently we need to monitor market, because currently is not possible to determine about market trend, i think we will get clear trend after breaking daily 1st support or 1st resistance level.

By observation on technical indicators and moving averages we can see both are saying this pair currently on bullish trend, but i dont think that this is the time of entry in this pair, because this pair currently looks like sideways, so that we will enter in this pair after breaking any level of pivot.

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Technical Analysis of GBP/USD for August 07, 2017

From H1 chart we can see this pair currently standing below of daily pivot level, but currently it trying to go on upward, but we should not entry in this pair right now, because there are more chance to go on downside and i hope today it will break daily 1st support 1.2988 level, otherwise if it go above daily pivot level then it will try to break daily 1st resistance 1.3128 level.

By observation on technical indicators and moving averages we can see indicators says its not strong bullish trend but moving averages are not, so that i think for getting clear trend we should wait more time.

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Technical Analysis of GBP/USD for July 03, 2017

This pair currently standing on pivot level and also it looks like sideways, in this situation its too hard to determine about market trend, so that i think we should wait for getting strong trend line, i think it is better to wait until breaking 1st support 1.2971 level or 1st resistance 1.3055 level.

By observation on technical indicators and moving averages we can see this pair currently looks like strong bearish trend, so that i think for today it will continue to go on downside, but we will enter after breaking daily 1st support 1.2971 level.

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Technical Analysis of EUR/USD for July 03, 2017

From H1 chart we can see this pair currently standing below of daily pivot level and i think today it will break daily 1st support 1.1396 level and if today it break this level then it will try to break daily 2nd support 1.1367 level, otherwise if it move back and go above of daily pivot level then it will try to break daily 1st resistance 1.1449 level, but i dont think that today it will break this level.

By observation on technical indicators and moving averages we can see this pair currently on strong bearish trend, so that i think for today we can keep our position on short side.

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Technical Analysis of GBP/USD for June 29, 2017

This pair currently looks like up ward, but still not break any resistance level, but i think today it will break daily 1st resistance 1.3000 level and if today it break this level then it will continue to go on upward, otherwise if it move back and go below of daily pivot level then it will try to break daily 1st support 1.2822 level.

By observation on technical indicators and moving averages we can see this pair currently looks like strong bullish trend, so that i think for today we can keep our position on long side and i hope today it will break daily 1st resistance 1.3000 level.

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Technical Analysis of EUR/USD for June 29, 2017

Overall this pair looks like upward and also it was break daily 1st resistance 1.1414, but currently it standing below of that level, if it again break daily 1st resistance level then i think it will be try to break daily 2nd resistance 1.1452 level, otherwise if it move back and go below of 1.1375 level then it will try to break daily 1st support 1.1315 level.

By observation on technical indicators and moving averages we can see this pair currently strong bullish trend, but currently we should wait until breaking again daily 1st resistance 1.1414 level, if it again break this level then we will entry for long position.

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