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**xtreamforex.com** · 11-23-2016, 07:03 AM

EUR USD Technical Analysis 23rd November, 2016
Technical Analysis Overview:

Prev. Close 1.0625
Open 1.0625
Day’s Range 1.0622 – 1.0635
52 wk Range 1.0538 – 1.1616
1-Year Return – 0.01%

Technical Support and Resistance

In terms of EUR USD Technical analysis the EUR/USD pair will find its immediate support at 1.0619. If, market breaks the first support then it will go for the following support to test. Following supports are 1.0612 and 1.0604. On the other side the market has immediate resistance 1.0633. If, market breaks the primary resistance level then, market will go for the new resistance level 1.0640 and 1.0648.

Expected trading range for today is between 1.0622 supports and 1.0635 resistances.

Along with technical analysis following economic event is very important to analyze the financial market properly.

Upcoming Important Economic News in EUROPE: (GMT +2)

1. French Flash Manufacturing PMI at 10am
2. French Flash Services PMI at 10am
3. German Flash Manufacturing PMI at 10.30am
4. German Flash Services PMI at 10.30am
5. Flash Manufacturing PMI at 11am
6. Flash Services PMI at 11am
7. German 10-y Bond Auction ( all day long)

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**xtreamforex.com** · 11-25-2016, 09:27 AM

Daily USD JPY Technical Analysis 25th November, 2016

Technical Analysis Overview:

Prev. Close 113.36
Open 113.36
Day’s Range 113.20 - 113.90
52 wk Range 99.08 - 123.67
1-Year Return - 7.31%

Technical Support and Resistance:

Daily USD JPY Technical analysis shows USD JPY pair may find the immediate support at 113.23. If, market breaks the first support then it will go for the following support to test. Following supports are 113.11 and 113.00. On the other side the market has immediate resistance 113.84. If, market breaks the primary resistance level then, market will go for the new resistance level 114.33 and 115.08.
Expected trading range for today is between 113.20 supports and 113.90 resistance.

Along with technical analysis following economic event are very important to analyze the financial market properly.

Important Economic Events In Japany: (GMT +2)

1. Tokyo Core CPI y/y
2. National Core CPI y/y
3. SPPI y/y
4. BOJ Core CPI y/y

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**xtreamforex.com** · 11-28-2016, 05:00 AM

EUR USD Forecast for the Week 21st November, 2016

The EUR/USD had a strong negative candle. Market is testing the 1.05 level almost immediately. If we break down below there, as per the EUR USD forecast the Euro will very easily reach the parity level over the next several weeks.

The US yields continued to rise on Friday as well. as it has been the case over the past couple of weeks and this has enabled the USD to continue to gain strength. No currency has been able to survive this onslaught and it has all been one way traffic for the past couple of weeks. This has hit the euro very hard especially as the QE continues to take its toll on the euro. Neither Draghi, nor the ECB has not yet signaled any kind of tapering or stopping of the QE as yet and this, along with the USD strength, has caused the EURUSD pair to crash through 1.0800 during the last week and it also crashed through 1.0600 and sits at a tough support region at around 1.0580 to end the week.
The region between 1.0500 and 1.0600 has been known to be a tough support region but it all depends on the yield.

Upcoming economic events to the coming week, we have Draghi making a speech on Monday but we will not be looking forward too much to it as he does not have the habit of addressing monetary policy unless absolutely necessary. So far, no one in the ECB has expressed concern about the value of the euro and so we do not expect him to say much. We also have the FOMC statement on Wednesday where the market would expect further hints, signs and confirmation of a rate hike in December. If this happens, we can expect the dollar strength to continue.

EUR USD Technical Forecast:

Previous week close: 1.0607
Current Week Open: 1.0582
Today’s Market Range: 1.0579 – 1.0614
52 wk Range: 1.0538 – 1.1616

Support and Resistance Weekly Forecast:

S 1: 1.0486
S 2: 1.0384
S 3: 1.0201

R 1: 1.0771
R 2: 1.0954
R 3: 1.1056

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**xtreamforex.com** · 11-29-2016, 06:32 AM

Daily GBP USD Technical Analysis 29th November, 2016

Technical Analysis Overview:

Prev. Close 1.2415
Open 1.2415
Day’s Range 1.2389 - 1.242
52 wk Range 1.1450 - 1.5240
1-Year Return -17.54%

Technical Support and Resistance:

In the end of every month we see lots of selling of GBP. Yesterday GBP market was weak against USD, and the pair finished its day near 1.2415. Which is 0.48% lower than the yesterday opening. Expected market range for today is 1.2389 - 1.242.

Daily GBP USD Technical analysis shows that GBP/USD pair may find the immediate support at 1.2353. If, market breaks the first support then it will go for the following support to test. Following supports are 1.2292 and 1.2202. On the other side the market has immediate resistance at 1.2504. If, market breaks the primary resistance level then, market will go for the new resistance level 1.2594 and 1.2655.

This morning has seen some serious GBP weakening against USD.

Today, we do not have any major news from the UK for today while we have the advance GDP that will be released from the US and we can expect some more volatility today as well as we approach the month end and the month end flows are likely to continue today and tomorrow as well. Expect some consolidation with a bearish bias.

Along with technical analysis following economic event are very important to analyze the financial market properly.

GBP USD Important Economic Events: (GMT +2)
1. GBP Net Lending to Individuals m/m
2. GBP M4 Money Supply m/m
3. GBP Mortgage Approvals
4. GBP Nationwide HPI m/m

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**xtreamforex.com** · 01-05-2017, 07:38 AM

AUD/USD Forecast | Daily Technical Analysis for January 5, 2017 By XtreamForex

AUD/USD Technical Forecast Overview

Yesterday Close 0.7282
Today Open 0.7282
Day’s Range 0.7273 - 0.7315
52 wk Range 0.6824 - 0.7836
1-Year Return 1.93%

AUD/USD Technical Support and Resistance Forecast

AUD/USD forecast: aud usd pair possibly will find the immediate support at 0.7228. If, market breaks the first support then it will go for the following support to test. Following supports are 0.7208 and 0.7177.

On the other side the market has immediate resistance at 0.7290. If, market breaks the primary resistance level then, market will go for the new resistance level 0.7310 and 0.7341.

Possible trading range for today 0.7273 - 0.7315

AUD/USD Fundamental Analysis

The AUD/USD pair rallied on Wednesday, as we continue to see bullish pressure in the Australian dollar after the base that seems to be trying to form near the 0.7150 level. However, I think that this rally is simply a matter of the market being oversold, and that we will find sellers above. My suspicion is that they are waiting somewhere near the 0.73 level, perhaps the 0.7350 handle. Gold markets are very bearish overall, so sooner rather than later I think the bearish pressure will return to the Australian dollar. I have no interest in buying.

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**xtreamforex.com** · 01-13-2017, 09:14 AM

EURUSD Forecast | Daily Technical Analysis for January 13, 2017

EURUSD pair possibly will find its immediate support at 1.0578. If, market breaks the first support then it will go for the following support to test. Following supports are 1.0551 and 1.0506.

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**xtreamforex.com** · 01-19-2017, 10:30 AM

EUR USD Technical Overview
Yesterday Closed 1.0630
Today Open 1.0630
Day’s Range 1.0622 – 1.0642
52 wk Range 1.0339 – 1.1616
1-Year Return – 2.6%

EUR USD Technical Support and Resistance
EUR USD Forecast: EUR USD pair possibly will find the immediate support at 1.0622. If, market breaks the first support then it will go for the following support to test. Following supports are 1.0600 and 1.0565.
On the other side, the market has immediate resistance 1.0692. If, market breaks the primary resistance level then, market will go for the new resistance level 1.0714 and 1.0749.

**xtreamforex.com** · 01-20-2017, 09:02 AM

USD/CAD Forecast | Daily Technical Forecast for January 20, 2017

USD/CAD Technical Support and Resistance

USD/CAD pair possibly will find the immediate support at 1.3268. If, market breaks the first support then it will go for the following support to test.
Followingsupports are 1.3244 and 1.3204.
On the other side the market has immediate resistance 1.3348. If, market breaks the primary resistance level then, market will go for the new resistance level 1.3372
and 1.3412.Looking ahead to today, we have the retail sales and CPI data from Canada that will be released towards the NY session and any sort of weakness in any of these data should confirm the weakness in the Canadian economy that the BOC seems to fear and we could then see the pair pushing above 1.3400 and towards 1.3500.

Read more: https://www.xtreamforex.com/Educatio...nuary-20-2017/

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**xtreamforex.com** · 01-20-2017, 09:03 AM

GBP/USD Forecast | Daily Technical Forecast for January 20, 2017

GBP/USD Technical Support and Resistance
GBP/USD pair possibly will find the immediate support at 1.2276. If, market breaks the first support then it will go for the following support to test.
Following supports are 1.2255 and 1.2958
On the other side the market has immediate resistance 1.2348. If, market breaks the primary resistance level then,
market will go for the new resistance level 1.2369 and 1.2405.Looking ahead to today,
we have the retail sales data from the UK which will be released during the London session and we believe that the data would continue the trend of strong data coming out of the UK in recent months. If this does happen, we could see the pair challenging 1.2400 again.

Read more: https://www.xtreamforex.com/Educatio...nuary-20-2017/
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**xtreamforex.com** · 01-20-2017, 09:04 AM

EUR/USD Forecast | Daily Technical Forecast for January 20, 2017

EUR/USD Technical Support and Resistance

EUR/USD pair possibly will find the immediate support at 1.0609. If, market breaks the first support then it will go for the following support to test.
Following supports are 1.0587 and 1.0553.
On the other side the market has immediate resistance 1.0677. If, market breaks the primary resistance level then,
market will go for the new resistance level 1.0699 and 1.0733.
Looking ahead to today, we do not have any major news from the eurozone or the US region and as said above,
we can expect some more consolidation at the highs in this pair for today.

Read more: https://www.xtreamforex.com/Educatio...nuary-20-2017/

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