hamzalakhlef's Blog

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GBP/USD

GBP / USD pair analysis:The pair is walking under a descending trend and is now at this trend completely.I think it will break this trend to climb at the 200 moving at 1.3350 and it will be a false break to come back down at the 1.3050 support level. Remember well, "every rise of the pound is a good chance to sell it ."
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EUR/USD

EUR/USD goes under a falling trend.I expect it to visit this trend at 200 moving at 1.1730 and then come back down at 1.1530 the support level and look for a break of this support and get off more.
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USD/JPY

USD / JPY pair analysis:The pair is walking within a very clear upward trendI expect it to visit this trend at the 200 moving completely at 109.70 then climb to the previous high at 111.40 and I suspect this resistance will break through to another bigger peak.
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USD/CAD

USD / CAD pair analysis:The USD/CAD pair is in a bullish trend.I expect him to visit the support and the 200 moving at 1.3085 then rise to the target 1.3370
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EUR/CAD

EUR / CAD pair analysis:The EURCAD pair arrived at the 200 moving to retest at 1.5344 and we noticed earlier breaking it when it was resistance and now it is a support area.The pair is expected to reach the target at the previous high of 1.5580 and the pair's target is to reach a new high of 1.5700.
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EUR/TRY

We also see the pair within the bullish trend so we will choose to buy at each drop to test the uptrend. I expect it to correct at the support level of 5.42000 and then re-climb the target at resistance 5.7000
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EUR/TRY

EUR/TRY will retest the strong resistance at 5.4000 and then come back down and its target will be at 5.1850 and if it break this support will also fall even further to the areas of 5.0500.
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EUR/JPY

EUR/JPY will retest the strong resistance at 128.50 and then come back down and its target will be at 123.90 and I suspect it will continue to go down further.
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GBP/USD

GBP/USD will retest the strong resistance at 1.3405 and then come back down and its target will be at 1.3225 and I suspect it will continue to decline until 1.3000.
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EUR/USD

EUR/USD will retest the strong resistance at 1.1722 and then come back down and its target will be at 1.1530 and I suspect it will continue to fall until the 1.1300 area.
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