Weekly Forex Technical Analysis Part-1
WEEKLY FOREX ANALYSIS : 18-22 FEBRUARY 2019
In this post I want to share the analysis of weekly Forex trading, hopefully it can help fellow traders who have stopped by my blog to earn profit in Forex trading
EUR / USD
The movement of EURUSD on the 4-hour chart is approaching the resistance area 1.13410. Note if the resistance breaks then there is a possibility that the price will move bullish to the range 1.14071 -1.15141. Beware if the price drops below support at 1.12340, because it can open the possibility of a bearish EUR / USD back aiming the area at 1.11679 - 1.11270.
AUD / USD
The movement of the AUDUSD on the 4-hour chart looks close to the reference area of Fibonacci. Watch the area around 0.71461 - 0.72030 to look for sell signal confirmation, where there is a possibility that the price will move bearish to the range 0.71108 - 0.70539. Beware if the price rises above the resistance at 0.72030, because it can open the possibility for AUD / USD to return to a bullish move aiming the area at 0.72383 - 0.72952.
NZD / USD
The movement of NZDUSD on the 4-hour chart is currently around the resistance area of 0.68934. If the resistance breaks, then the kiwi has the potential to move up to the range 0.69344 - 0.69598. As an alternative scenario, watch the area around 0.67860 - 0.68270 to look for buy signal confirmation, where there is a possibility that the price will move bullish to the range 0.68524 –0.68934. Beware if the price drops down support 0.67860, because it can open the possibility of a bearish NZD / USD back aiming the area at 0.67606 - 0.67196.
USD / JPY
The USDJPY movement in the 4-hour chart is seen around the Fibonacci reference area. Watch the area around 110.157 –110,528 to look for buy signal confirmation, where there is a possibility that the price will move bullish to the range 110.757 - 111.127. Beware if the price drops below support 110.157, because it can open the possibility of a bearish USDJPY move aiming the area at 109.928 - 109.558.
GBP / USD
The movement of GBPUSD on the 4-hour chart looks close to the reference area of Fibonacci. Watch the area around 1.29208 - 1.30122 to look for sell signal confirmation, where there is a possibility that the price will move bearish to the range 1.28642 - 1.27728. Beware if the price rises above the resistance 1.30122, because it can open the chance for a bullish GBPUSD to aim the area at 1.30688 - 1.31602.
USD / CHF
The movement of the USDCHF on the 4-hour chart is seen forming a head & shoulders pattern that has been confirmed. Looking at the current conditions, it is likely that the price will move bearish to the range 1,00029 - 0.99804. Beware if the price back reverses by breaking the resistance at 1.00532, because it can open the chance for a bullish USDCHF to move aiming the area at 1.00981
Dear Traders, I hope the analysis will be useful and can continue to be profitable in the trading, Stay tuned, and remember the Address of my Blog, because I will share the analysis of weekly Forex trading.
If you want to get more detailed and accurate signals and analysis on Forex trading you can subscribe at
Next Link : Click Here or Here
Greetings Trader
In this post I want to share the analysis of weekly Forex trading, hopefully it can help fellow traders who have stopped by my blog to earn profit in Forex trading
EUR / USD
The movement of EURUSD on the 4-hour chart is approaching the resistance area 1.13410. Note if the resistance breaks then there is a possibility that the price will move bullish to the range 1.14071 -1.15141. Beware if the price drops below support at 1.12340, because it can open the possibility of a bearish EUR / USD back aiming the area at 1.11679 - 1.11270.
AUD / USD
The movement of the AUDUSD on the 4-hour chart looks close to the reference area of Fibonacci. Watch the area around 0.71461 - 0.72030 to look for sell signal confirmation, where there is a possibility that the price will move bearish to the range 0.71108 - 0.70539. Beware if the price rises above the resistance at 0.72030, because it can open the possibility for AUD / USD to return to a bullish move aiming the area at 0.72383 - 0.72952.
NZD / USD
The movement of NZDUSD on the 4-hour chart is currently around the resistance area of 0.68934. If the resistance breaks, then the kiwi has the potential to move up to the range 0.69344 - 0.69598. As an alternative scenario, watch the area around 0.67860 - 0.68270 to look for buy signal confirmation, where there is a possibility that the price will move bullish to the range 0.68524 –0.68934. Beware if the price drops down support 0.67860, because it can open the possibility of a bearish NZD / USD back aiming the area at 0.67606 - 0.67196.
USD / JPY
The USDJPY movement in the 4-hour chart is seen around the Fibonacci reference area. Watch the area around 110.157 –110,528 to look for buy signal confirmation, where there is a possibility that the price will move bullish to the range 110.757 - 111.127. Beware if the price drops below support 110.157, because it can open the possibility of a bearish USDJPY move aiming the area at 109.928 - 109.558.
GBP / USD
The movement of GBPUSD on the 4-hour chart looks close to the reference area of Fibonacci. Watch the area around 1.29208 - 1.30122 to look for sell signal confirmation, where there is a possibility that the price will move bearish to the range 1.28642 - 1.27728. Beware if the price rises above the resistance 1.30122, because it can open the chance for a bullish GBPUSD to aim the area at 1.30688 - 1.31602.
USD / CHF
The movement of the USDCHF on the 4-hour chart is seen forming a head & shoulders pattern that has been confirmed. Looking at the current conditions, it is likely that the price will move bearish to the range 1,00029 - 0.99804. Beware if the price back reverses by breaking the resistance at 1.00532, because it can open the chance for a bullish USDCHF to move aiming the area at 1.00981
Dear Traders, I hope the analysis will be useful and can continue to be profitable in the trading, Stay tuned, and remember the Address of my Blog, because I will share the analysis of weekly Forex trading.
If you want to get more detailed and accurate signals and analysis on Forex trading you can subscribe at
Next Link : Click Here or Here
Greetings Trader
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