A-FX Daily analysis – 29.05.2019


DXY: Technical Forecast: Consolidation

Yesterday we saw small bullish move at DXY and we expect to see another bullish move today or at least consolidation because we do not have important news for the US economy

Our Important levels are:

  • Expect Bearish move from Resistance zone 1 – 97.993
  • Expect Bullish move from Support zone 1 – 97.645
  • Expect Bullish move from Support zone 2 – 97.523

EUR/USD: Technical Forecast: Bearish


Yesterday EUR/USD decline aggressive from our resistance zone 1 again. We expect some consolidation before the market to continue bearish

Our important levels are:

  • Expect Bullish move from Support Zone 1 -> 1.11570
  • Expect Bullish move from Support Zone 2 -> 1.11400
  • Expect Bearish move from Resistance Zone 1 -> 1.11810
  • Expect Bearish move from Resistance Zone 1 -> 1.12388

GBP/USD: Technical Forecast: Bearish

Yesterday we saw a consolidation in GBP/USD and a lot of manipulations and stop hunt movements for that reason we will wait for GU to reach our resistance zone before to take any trade. Today we can expect consolidation or Bearish move until our Support Zone 1

Our important levels are:

  • Expect Bearish move from Resistance zone 1 – 1.27260
  • Expect Bearish move from Resistance zone 2 – 1.29106
  • Expect Bearish move from Resistance zone 3 – 1.30084
  • Expect Bearish move from Resistance zone 4 – 1.31040
  • Expect Bullish move from Support zone 1 – 1.26440

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