G/U Prediction/Analysis

[myTradingWeek]

Today i see G/U retracing upward before NF news…very hard for me to believe we break 5706, this low on D1 without momentum…so a resistance at around 5760 and key levels at 5800 and 5850 … if we break D1 low early euro session we will fall to 5640 as my h4 t/p level…To add to my thinking for today…a long from 5706 which is d1 low with a 10 pip stop to the first resistance i pointed out and a short off the upper levels would be a good trade….i will post what the RSI is telling me when we get to those upper levels…


Feb. 5: _http://www.mytradingweek.com/?p=1103

 

[myTradingWeek]

G/U Analysis/Prediction

Feb. 7 _http://www.mytradingweek.com/?p=1128



Looks like we will have a slow euro session that will chisel out a bottom for us to take us into US session going long…I think early trading will be ranging as there is no news. A good note is that GU had a bounce at 123% hitting 1.5535 so we could see a bottom for today's trading day…So going long from the low range with a minimal stop loss and a t/p at our resistances which are at 1.5608 and 1.5640 levels would be a good trade….Happy trading all…

 

[myTradingWeek]

G/U Analysis/Prediction

G/U Analysis/Prediction Feb. 9 _http://www.mytradingweek.com/?p=1140


My outlook for G/U today is long…we have resistance at 5655 and a good level at 5735… support is at 5605 and 5570 area…personally im long at 5610 with tp’s at first and second resistance…so entering long at the support areas with small stops would be a good plan imho…Happy trading all…

 

[myTradingWeek]

G/U Analysis/Prediction

G/U Analysis/Prediction Feb. 10 _http://www.mytradingweek.com/?p=1160


I think gu can move up to double top at around 5730 and move down from there….but if it breaks this double top, price will move to 5800 area (hard to beleive)…there is supports at 5645/50 and 5605…so longs off supports with trailing stops and shorts off double top area with at least a 50-70 pip target….

 

[myTradingWeek]

G/U Analysis/Prediction

Feb. 11 _http://www.mytradingweek.com/http:/www.mytradingweek.com/wp-includes/mt4.php


There is support at 5615/05 area with stronger support at 5570…I think we can have a G/U run up to 5720-30 area today with minor resistance at 5660…but if bottom support is broken we can see the downtrend continuing…

 

[myTradingWeek]

G/U Analysis/Prediction

Important Levels for today _http://www.mytradingweek.com/http:/www.mytradingweek.com/wp-includes/mt4.php


GBP/USD: 1.5650; 1.5660; 1.5740; 1.5750; 1.5800; 1.5850
EUR/USD: 1.3675; 1.3647; 1.3620; 1.3600; 1.3694
USD/CAD: 1.0440; 1.0545; 1.0570
NZD/USD: 0.7010; 0.7020; 0.7035; 0.6960; 0.6925

 

[myTradingWeek]

G/U Analysis/Prediction

Feb. 16 _http://www.mytradingweek.com/?p=1204


We have been ranging on G/U for the past week…today we should see a test of the upper range at around 5760 area before sellers get in…supports at 5580 and 5670 and resistances at 5740-60 and the 5800 area…There is some key news this next 2 days for GBP so we should see some good movement….So going long off supports with trailing or tight stops should get some pips (unless we have a major sell-off)…Happy trading all…

 

[myTradingWeek]

G/U Analysis/Prediction

Feb.17 _http://www.mytradingweek.com/?p=1206


Today we can reach 5850 are for gu which is an important fibo/resistance level….we have supports at 5760 and 5730 and resistances at 5805/15 and 5850 area….Going long off supports and possibly shorting from upper resistance should bank us some pips…

 

[myTradingWeek]

G/U Analysis/Prediction

Feb. 19 _http://www.mytradingweek.com/?p=1217


After this big fall we have come to some key daily levels…I see support at 5370 and 5340 areas so taking these levels as bounce trades should get us some pips…As for resistance, we have 5455 as a key resistance as also 5490…Today should be a good mover as its desk cleaning day…Happy trading all…

 

[myTradingWeek]

No negative month performance

G/U Analysis/Prediction Feb. 22



Overall we are still in a downtrend…but we had a nice bounce on a d1 fibo level…our supports are at 5435 and 5380 areas with resistance at 5485 and 5530…the upper resistance should be a good short level with a tight stop…buying off supports with trailing or tight stops should give some pips. As we are in a downtrend we should play longs safely…Good Luck guys…

 

[myTradingWeek]

No negative month performance

G/U Analysis/Prediction Feb. 23 _http://www.mytradingweek.com/?p=1230


GU starting to move up after 50% d1 bounce…i see 2 key resistances which are at 5570/80 and 5620 levels, supports are at 5500 and at 5450 areas…some news today so we should get some movement…

 

[myTradingWeek]

No negative month performance

_http://www.mytradingweek.com/?p=1237 G/U Analysis/Prediction Feb. 24


GU is crawling under 2 fibo levels at around 5460 area…so if it breaks up we can see 5505/15 area as our resistances…Our key supports are at 5405 and 5370 areas….RSI is bearish on m30/h1 so more possibility that we see more down if 5460 holds….

 

[myTradingWeek]

No negative month performance

_http://www.mytradingweek.com/?p=1245 G/U Analysis/Prediction Feb. 26[/URL]


G/U had a nice bounce off daily 138% fibo level…we have resistances at 5290/5300 level and higher at 5330/35 areas… support at around 5260 and 5220 areas…should be a nice mover as its the last day of the month and some GBP news coming up….Have a great WE all, hope our predictions have made some pips…

 

[myTradingWeek]

G/U Analysis/Prediction

_http://www.mytradingweek.com/?p=1250 G/U Analysis/Prediction Mar. 1


GU is still very bearish…gap open and we could not even cover it, this means the trend is still down strongly….the only support i see is at 5075 area…. and my resistances are at 5165/70 areas and 5235/45 areas….

 

[myTradingWeek]

G/U Analysis/Prediction

_http://www.mytradingweek.com/?p=1252 G/U Analysis/Prediction Mar. 4


GU is still in a strong downtrend bouncing on 23% h4 fibs…there is support at 1.4995 area, moving past this area we can see price move to support areas at 4890-4900 area with 4945 as a support area before bottom support reached…resistance is at 5130 area and at 5210 area…Sorry we did not post the previous 2 days as we were on a mini break…Have a great trading day all…

 

[myTradingWeek]

G/U Analysis/Prediction

_http://www.mytradingweek.com/?p=1255 G/U Analysis/Prediction Mar. 5


GU is still bearish with supports at around 1.5005/1.4995 and 1.4945, resistance is at 1.5065 and 1.5130…main support at 1.4885 area…NFP today so we should see some crazy moves….

 

[myTradingWeek]

G/U Analysis/Prediction

_http://www.mytradingweek.com/?p=1264 G/U Analysis/Prediction Mar. 8

GU has moved up after 38% bounce….we have support at 1.5130 area 5090 area…resistance is at 1.5175/85, if this area is broken we can see 1.5230 area…

 

[myTradingWeek]

G/U Analysis/Prediction

EUR/JPY: 121.60-65; 121.80-90; 122.30
USD/CAD: 1.0240; 1.0260
EUR/CHF looking strong SELL if breaks 1.4616

 

[myTradingWeek]

G/U Analysis/Prediction

G/U is running bearish today….Supports at 4975/70 areas and further down at around 4940/45 area….resistances are clear at 5025 and farther up we will have a strong resistance at 5130 area…

 

[myTradingWeek]

G/U Analysis/Prediction

G/U is still bearish….we have resistances at 5015/25 and higher up at around 5060 area…support is at 4870/55 areas…