GBPJPY Forecast
The GBPJPY attempted to push higher yesterday, topped at 132.96 but further upside pressure was limited and closed lower at 132.31. The bias is neutral in nearest term but as long as price moves inside the bullish channel we are still in bullish phase especially if price able to break above 132.96 targeting 133.75 before testing 135.03. On the downside, key support area is seen around 132.00 and the lower line of the bullish channel. Only violation to the bullish channel could be a threat to the bullish outlook.
http://www.fxinstructor.com/blog/wp-...11-300x191.jpg

AUDUSD Forecast
The AUDUSD bearish momentum was paused yesterday after failed to consistently move below 0.9750. The bias is bullish in nearest term testing 0.9920 but this fact activates my wait and see mode. The bearish reversal scenario remains valid after the violation of the bullish channel but need a clear break below 0.9750 to continue the bearish pressure testing 0.9650 even lower. On the upside, clear break above 0.9920 could trigger further upside momentum testing 1.0000.
http://www.fxinstructor.com/blog/wp-...11-300x190.jpg

EURUSD Forecast
The EURUSD continued its bullish correction yesterday, topped at 1.3667 and closed at 1.3655. The bias remains bullish in nearest term testing 1.3700 – 1.3750 but I think the major bearish scenario remains intact and the current bullish momentum is still considered as a counter trend move. Immediate support at 1.3550. Break below that area could potentially end the current bullish correction testing 1.3500 – 1.3450 area.

http://www.fxinstructor.com/blog/wp-...y3-300x191.jpg

GBPUSD Forecast
The GBPUSD continued its bullish momentum yesterday, topped at 1.6055 and closed at 1.6049. The bias remains bullish in nearest term testing 1.6100 and the upper line of the minor bearish channel (red). The major scenario remains bullish but as long as price moves inside the minor bearish channel overall we are still in bearish consolidation movement after the fall from 1.6292 on November 05. A violation to the minor bearish channel and consistent move above 1.6100 could potentially end the bearish correction and continue the major bullish scenario testing 1.6292 even higher. Immediate support at 1.5950. Break below that area could trigger further bearish pressure testing 1.5880 and the lower line of the major bullish channel (white) and could be the second threat to the major bullish outlook.

http://www.fxinstructor.com/blog/wp-...11-300x191.jpg

USDCHF Forecast
The USDCHF slipped below the minor bullish channel yesterday but whipsawed to the upside, topped at 0.9997 and closed at 0.9954 in a volatile market. This fact could potentially produced a false breakdown scenario and could continue the upside pressure especially if price make a clear break above 1.0000 targeting 1.0182 area. Immediate support at 0.9850. Break below that area could trigger further bearish pressure testing 0.9800 – 0.9750.

http://www.fxinstructor.com/blog/wp-...12-300x190.jpg

USDJPY Forecast
The USDJPY continued its bullish momentum yesterday but still unable to move consistently above 83.70 area. The bias is bullish in nearest term but need a consistent move above 83.70 to continue the bullish pressure testing 84.00 – 84.70 area. Immediate support remains around 82.84. Break below that area could trigger further bearish momentum testing 82.40 – 81.95 support area.

http://www.fxinstructor.com/blog/wp-...12-300x191.jpg

EURJPY Forecast
The EURJPY had a significant bullish momentum yesterday after made a strong breakout above 113.44 and the minor trend line resistance as you can see on my h4 chart below. The bias is bullish in nearest term testing 114.28 – 114.65 but note that we are still in range area where medium bias remains trendless. I will keep stand aside. Immediate support at 113.44. Another move below that area could lead us to neutral zone in nearest term testing 113.00 – 112.80.

http://www.fxinstructor.com/blog/wp-...12-300x190.jpg

GBPJPY Forecast
The GBPJPY continued its bullish momentum yesterday after break above 132.96, topped at 134.20 and closed at 134.06. The bias is bullish in nearest term testing 135.03 especially if price make another strong breakout above 134.20. Immediate support at 133.00. break below that area could lead us to neutral zone in nearest term but as long as price moves inside the bullish channel we are still in major bullish scenario.
http://www.fxinstructor.com/blog/wp-...12-300x191.jpg

AUDUSD Forecast
The AUDUSD continued it bullish correction yesterday, topped and closed at 0.9905. The bias is bullish in nearest term targeting 1.0000 especially if price able to make a clear break above 0.9920. However, note that overall the bearish reversal scenario after the violation to the bullish channel remains valid and the current bullish momentum is still considered as a counter trend move and only a move above 1.0000 could be a threat to the bearish reversal scenario. Immediate support at 0.9810. Break below that area could potentially end the current bullish correction testing 0.9750 even 0.9650 region.
http://www.fxinstructor.com/blog/wp-...12-300x190.jpg

المشاركة الأصلية كتبت بواسطة د.أسامة عادل (المشاركة 82249) النبى عربى يا ريس انا فاهم غيرى مش فاهم. ترجمة تبقى عملت الهوم وورك و زيادة مع اخوانك.. دمت بكل خير.

علي فكرة الانجليزي بتاعه سهل وبسيط وممكن يستعين بجوجل في ترجمة بعض الكلمات

والشارت برده واضح عليه خطوط الدعم والمقاومة

المشاركة الأصلية كتبت بواسطة د.أسامة عادل (المشاركة 82249) النبى عربى يا ريس انا فاهم غيرى مش فاهم. ترجمة تبقى عملت الهوم وورك و زيادة مع اخوانك.. دمت بكل خير.

طيب يادكتور مدام انت فاهم لو مقتنع تترجم انت ( دا في حالة ان الناقل تعذر عليه الترجمة وله كل الشكر طبعا علي النقل )

EURUSD Weekly Summary: A broader look at the daily chart


The EURUSD attempted to push lower this week, slipped below 1.3500 but whipsawed to the upside and closed higher at 1.3670. My medium bearish bias since the fall from 1.4281 remains intact, but a look at the daily chart below suggests that the long term bullish outlook is also remains valid as price still moves inside the major bullish channel since the strong bullish momentum from 1.1875. From this point of view, I have two technical levels that need to be watched very closely for the upcoming week. On the upside, the 1.3830/50 resistance area seems to be a key resistance level at this phase. A clear break above that area could be a threat to the medium term bearish bias testing 1.4000. On the downside, another move below 1.3500 could trigger further bearish momentum testing 1.3333 and the lower line of the bullish channel, which could be a threat to the daily chart bullish outlook.

http://www.fxinstructor.com/blog/wp-...y1-300x191.jpg

Have a great weekend and see you guys next week.

EURUSD Forecast
The EURUSD had a gap earlier today in Asian session, opened higher at 1.3741 which is about 70 pips higher than Friday’s close price. The bias remains bullish in nearest term testing 1.3830/50 region especially if price able to make a clear break above 1.3770 resistance area but we may have potential downside move testing 1.3670 area as gaps are usually filled. On h4 chart below we have a V-bottom formation, which is a bullish pattern so although the bearish medium bias since the fall from 1.4230 remains intact, the current strong bullish pullback could be a serious threat to the bearish outlook. Break below 1.3670 support area could lead us to neutral zone in nearest term testing 1.3600. On the other hand, consistent move above 1.3830/50 could trigger further bullish scenario testing 1.4000.

http://www.fxinstructor.com/blog/wp-...10-300x191.jpg

GBPUSD Forecast
The GBPUSD attempted to push higher on Friday topped at 1.6093 but whipsawed to the downside and closed lower at 1.5977 after found resistance at the upper line of the minor bearish channel as you can see on my h4 chart below. The bias is neutral in nearest term. The major scenario remains bullish but as long as price moves inside the minor bearish channel (red) we are still in bearish consolidation phase. Immediate support remains around 1.5950. Break below that area could trigger further bearish pressure testing the lower line of the major bullish channel (white) and 1.5880 support area which could be a threat to the major bullish outlook. Initial resistance at 1.6100. Clear break above that area could end the current bearish correction phase targeting 1.6170 and 1.6292.

http://www.fxinstructor.com/blog/wp-...12-300x191.jpg

USDCHF Forecast
The USDCHF made another volatile but indecisive movement on Friday. The bias is neutral in nearest term. Price still able to move above the triangle so far so the bullish scenario should remains intact. However, a clear break below 0.9850 support area could be a threat to the bullish outlook. On the upside, we need a clear break above 1.0000 to continue the bullish scenario targeting 1.0182.

http://www.fxinstructor.com/blog/wp-...13-300x191.jpg

USDJPY Forecast
The USDJPY was indecisive on Friday. The bias is neutral in nearest term as price seems to move in range area of 82.84 – 83.70. Overall we are still in bullish phase but need a clear break above 83.70 to continue the bullish scenario testing 84.70. On the other hand, break below 82.84 could trigger further bearish pressure testing 82.40 – 81.95 support area.

http://www.fxinstructor.com/blog/wp-...13-300x191.jpg

EURJPY Forecast
The EURJPY attempted to push lower on Friday, bottomed at 113.52 but closed higher at 114.20 and hit 114.84 earlier today in Asian session. This facts keeps the bullish bias in nearest term intact after the breakout above the minor trend line resistance (red) targeting 115.50/65 but note that overall we are still in range market condition between 115.65 – 111.60. Immediate support remains around 113.44/50. Clear break below that area could lead us to neutral zone in nearest term testing 112.80 support area.

http://www.fxinstructor.com/blog/wp-...13-300x191.jpg

GBPJPY Forecast
The GBPJPY was corrected lower on Friday, bottomed at 133.03 and closed at 133.47. The bias is neutral in nearest term but overall we are still in strong bullish phase. Immediate support at 133.00. Break below that area could trigger further bearish correction testing 132.00. On the upside, I think we need a clear break above 134.20 to continue the bullish scenario targeting 135.03 this week.
http://www.fxinstructor.com/blog/wp-...13-300x191.jpg

AUDUSD Forecast
The AUDUSD continued its bullish correction, hit 0.9944 earlier today in Asian session. The bias is bullish in nearest term testing 1.0000. The bearish reversal scenario after violated the bullish channel remains intact, but we have a V-bottom formation as you can see on my h4 chart below which could be a threat to the bearish reversal scenario especially if price able to make a clear break above 1.0000 re-testing 1.0182 historical level. Immediate support at 0.9900. Break below that area could trigger further bearish pressure testing 0.9810. I think we need consistent movement below 0.9810 to keep the bearish reversal scenario valid and re-activate my bearish mode.
http://www.fxinstructor.com/blog/wp-...13-300x191.jpg

EURUSD Forecast
The EURUSD had a bearish momentum yesterday after failed to move consistently above 1.3770 resistance area, bottomed at 1.3576 and hit 1.3544 earlier today in Asian session. This fact keeps the bearish medium outlook intact but would need a clear break below 1.3446 to continue the bearish scenario testing 1.3333. The bias is bearish in nearest term testing 1.3446 especially if price able to make a clear break below 1.3544. Immediate resistance at 1.3630. Break above that area could trigger further bullish momentum testing 1.3700 – 1.3730 area. On fundamental side, beside the Ireland issues which drive the market sentiment lately, we will have some Euro zone manufacturing and services PMI numbers and US Prelim GDP and existing home sales today as catalyst to move the market.

http://www.fxinstructor.com/blog/wp-...11-300x191.jpg

GBPUSD Forecast
The GBPUSD made another upside attempt yesterday, but once again, the upper line of the minor bearish channel (red) rejected further bullish momentum and whipsawed to the downside, bottomed at 1.5898 and closed at 1.5940. The bias is bearish in nearest term testing 1.5880 and the lower line of the bullish channel, but note that as long as the major bullish channel (white) hold, the major bullish outlook should remains intact. A violation to the major bullish channel could be a threat to the bullish outlook and could be an early signal of a new bearish phase testing 1.5750 – 1.5650 area. Immediate resistance at 1.5950. Consistent move above that area could trigger further bullish momentum testing 1.6000 – 1.6083.

http://www.fxinstructor.com/blog/wp-...13-300x191.jpg

USDCHF Forecast
The USDCHF continued its bearish consolidation yesterday, but still move above the triangle. Price still trapped in range area of 1.0000 - 0.9850 and need a break on either side to see clearer direction. We need a clear break above 1.0000 to continue the bullish scenario testing 1.0182. On the other hand, break below 0.9850 could diminish the bullish outlook testing 0.9800 – 0.9750. I will stand a side for now and see further development.

http://www.fxinstructor.com/blog/wp-...14-300x191.jpg

USDJPY Forecast
The USDJPY didn’t make significant technical move yesterday and still trapped in range area of 82.84 – 83.70. The bias remains neutral in nearest term and we need a break on either side to see clearer direction. A clear break above 83.70 could trigger further bullish continuation testing 84.70 while a break below 82.84 could trigger further bearish pressure testing 82.40 – 81.95 support area.

http://www.fxinstructor.com/blog/wp-...14-300x191.jpg

EURJPY Forecast
The EURJPY failed to continue its bullish momentum yesterday, bottomed at 113.24 and closed at 113.29. I will keep stand aside as long as price still trapped in range area of 115.65 – 111.60. While longer time frame shows no clear direction, intra-day traders may get advantage from smaller time frame like hourly and 30 minutes chart. Immediate support at 112.80. Break below that area could trigger further bearish pressure testing 112.20/00 region. Initial resistance at 113.50. Break above that area could trigger further upside pressure testing 114.20/84 area.
http://www.fxinstructor.com/blog/wp-...14-300x191.jpg

AUDUSD Forecast
The AUDUSD was volatile but indecisive yesterday. The bias is neutral in nearest term and I will stand aside for now. The bearish reversal scenario remains intact but need a clear break below 0.9750 for further bearish confirmation. Immediate support at 0.9810. Break below that area could trigger further bearish pressure testing 0.9750 area. Initial resistance at 0.9950. Clear break above that area could trigger further bullish pressure testing 1.0000 which could be a serious threat to the bearish outlook re-testing 1.0182 historical level.
http://www.fxinstructor.com/blog/wp-...14-300x192.jpg

EURUSD Forecast
The EURUSD continued its bearish momentum yesterday, bottomed at 1.3359 and closed at 1.3385. Good Euro zone manufacturing and services PMI numbers only gave minor upside pullback and failed to stop the bearish pressure. This fact could trigger further weakness for the single currency. The bias remains bearish in nearest term testing 1.3333. Clear break below that area could trigger further bearish pressure testing 1.3260 and the lower line of the major bullish channel as you can see on my h4 chart below which could be a threat to the long term bullish outlook. However note that at the same time the lower line of the major bullish channel could provide a good support area. Immediate resistance at 1.3446. Break above that area could lead us to neutral zone in nearest term testing 1.3500 – 1.3550 but overall we are still in strong bearish phase.

http://www.fxinstructor.com/blog/wp-...12-300x191.jpg

GBPUSD Forecast
The GBPUSD had a significant bearish momentum yesterday, break below the major bullish channel as you can see on my h4 chart below, bottomed at 1.5758 and closed at 1.5798. Like I said, a violation to the bullish channel could be an early signal of a new bearish phase in long term outlook. The bias remains bearish in nearest term testing 1.5650 especially if price make another strong break below 1.5750. Immediate resistance at 1.5875. Break above that area could lead us to neutral zone in nearest term testing 1.5950 but as long as price moves inside the bearish channel we are still in bearish phase.

http://www.fxinstructor.com/blog/wp-...14-300x191.jpg

USDCHF Forecast
The USDCHF had a bullish momentum yesterday after found support around 0.9850, topped at 0.9974 and closed at 0.9965. The bias is bullish in nearest term especially if price able to make a clear break above 1.0000 targeting 1.0182 area. Immediate support at 0.9920/00. Break below that area could lead us to neutral zone in nearest term and keep us in range market of 1.0000 – 0.9850.

http://www.fxinstructor.com/blog/wp-...15-300x191.jpg

USDJPY Forecast
The USDJPY was volatile but indecisive yesterday made a Doji on daily chart. This short term volatility which probably triggered by the Korean conflict reflects no significant technical movement and price still trapped in range area of 82.84 – 83.70 and there are no changes in my daily technical outlook. The bias remains neutral in nearest term and we need a break on either side to see clearer direction. A clear break above 83.70 could trigger further bullish continuation testing 84.70 while a break below 82.84 could trigger further bearish pressure testing 82.40 – 81.95 support area.

http://www.fxinstructor.com/blog/wp-...15-300x191.jpg

EURJPY Forecast
The EURJPY had a significant bearish momentum yesterday, slipped below 111.60 and bottomed at 110.74 which suggests potential bearish outlook. However, pay attention to the hammer candle stick formation as you can see on my h4 chart below which could be a signal of a bearish exhaustion and some upside rebound. This fact force me to wait for a clear break below 110.74 to confirm the bearish scenario testing 109.70/60 region. On the upside, another movement back above 111.60 would lead us back to neutral zone testing 112.20/80 resistance area and keep us in range market condition.
http://www.fxinstructor.com/blog/wp-...15-300x192.jpg

AUDUSD Forecast
The AUDUSD had a bearish momentum yesterday, slipped below 0.9750 but had upside rebound earlier today in Asian session hit 0.9806. The Korean conflict may trigger further volatility both in stock and currency movement in Asian and Australian market but technical bearish reversal scenario remains valid especially if price move back below 0.9750 targeting 0.9650 area. Immediate resistance at 0.9810. Clear break above that area could trigger further upside pullback testing 0.9881 – 0.9950 resistance area.
http://www.fxinstructor.com/blog/wp-...15-300x191.jpg

EURUSD Forecast
The EURUSD was volatile but indecisive yesterday. I think as long as price stays below 1.3446 the nearest bias remains bearish testing 1.3260 and the lower line of the bullish channel which is the key support area at this phase where some buying interest could be seen around that area. A violation to the bullish channel would be a threat to the long term bullish outlook and could be an early signal of a new long term bearish outlook. CCI still in negative territory on h4 chart indicates the bearish pressure is still potential.
http://www.fxinstructor.com/blog/wp-...13-300x191.jpg

GBPUSD Forecast
The GBPUSD was volatile but indecisive yesterday. The bias remains bearish in nearest term but need a clear break below 1.5750 to continue the bearish pressure testing 1.5650 area. Immediate resistance at 1.5850. Break above that area could lead us to neutral zone in nearest term testing 1.5900 – 1.5950 but as long as price moves inside the bearish channel we are still in bearish phase. CCI still in negative territory on h4 chart suggests that the bearish pressure is still potential.
http://www.fxinstructor.com/blog/wp-...15-300x190.jpg

USDCHF Forecast
The USDCHF was volatile yesterday but overall still showed no significant technical movement and still trapped in range area of 1.0000 – 0.9850. I am still in wait and see mode until we have a clear break from the range area. So far price still able to maintain position above the triangle so I am expecting a break to the upside. Aggressive intra-day traders may short around 1.0000 or long around 0.9850 with tight stop loss. Clear break above 1.0000 could trigger further bullish continuation targeting 1.0182 area. Immediate support at 0.9920/00. Break below that area could trigger further bearish pressure testing 0.9850 but only a clear break below 0.9850 could be a threat to the bullish outlook testing 0.9800 – 0.9750.
http://www.fxinstructor.com/blog/wp-...16-300x192.jpg

USDJPY Forecast
The USDJPY had a moderate bullish momentum yesterday but still trapped in range area of 82.84 – 83.70 and still need a clear break on either side to see clearer direction. Aggressive intra-day traders may short around 83.70 or long around 82.84 with tight stop loss. I personally prefer to stand aside and maintain my wait and see mode until we have a clear break from the range area. A clear break above 83.70 could trigger further bullish continuation testing 84.70 while a break below 82.84 could trigger further bearish pressure testing 82.40 – 81.95 support area.
http://www.fxinstructor.com/blog/wp-...16-300x190.jpg

EURJPY Forecast
The EURJPY attempted to push lower yesterday, bottomed at 110.30 but whipsawed to the upside and closed higher at 111.56 but still able to move below 111.60 so far indicates the bearish bias remains intact. However, pay attention to the inverse head and shoulders formation on h1 chart below which indicates potential bullish reversal especially if able to make a clear and strong break above 111.60 targeting 112.20/80 area. On the downside, further bearish pressure could be triggered on a break below 110.74 testing 110.30 and 109 70/60 region.
http://www.fxinstructor.com/blog/wp-...h1-300x191.jpg

GBPJPY Forecast
The GBPJPY attempted to push lower yesterday but whipsawed to the upside and closed higher at 131.85 after failed to make a clear break below 130.84. The bias is neutral in nearest term. Overall we are still in bearish medium bias but like I said, we need a clear break below 130.84 to continue the bearish pressure testing 129.83. Immediate resistance at 132.00. Break above that area could trigger further bullish pullback testing 133.00 and change my medium bias to neutral zone
http://www.fxinstructor.com/blog/wp-...16-300x191.jpg