EURUSD and Dollar Index: monthly price levels for October 2017

Hello guys,

we hope you are trading well)
Let’s take a look to monthly resistance and support levels for EURUSD and Dollar Index.

According ForexTeam technical analysis, we see the following monthly price levels:

EURUSD

RESISTANCE = 1.1904-1.1942
SUPPORT = 1.1646-1.1590

If daily close price for EUR USD will be under 1.1794 than we are awaiting more bears pressure till price level 1.16

monthly forex signals eur usd dollar index forexteam app Oct 2017

DOLLAR INDEX

RESISTANCE = 94.6 – 94.74
SUPPORT = 92.89 – 92.34

If daily close price for Dollar Index will be above 93.27 than we are awaiting more bulls pressure till price level 94.6

P.S. ForexTeam sold EUR USD from 1.1835 and 1.1793 with TP1=1.16

EURUSD reached price level 1,1760

Hello guys,

In our weekly EURUSD report  last week we planned bearish pressure for EURUSD and we wrote about H&S figure on H4 time frame. ForexTeam traders were right and yesterday EURUSD price reached 1.1760 level.

From this price level we could see more bearish pressure (new leg down) going till 1.1660 price level, it is all possible because dollar index price could rise till 93.95.

eur usd free forex signals forex team app 27092017

Stay tuned,
ForexTeam

EURUSD was punished after hawkish FED

EURUSD was punished after hawkish FED…

As we wrote some days earlier in ForexTeam report for EURUSD price behavior, the EURUSD price moved down after Yellen speach yesterday.

On H4 we saw H&S figure)  Follow our trading reports and you will be on board!

free forex signals eurusd forexteam app 21092017

ForexTeam analysis: bearish pressure on EURUSD 1.2170 or 1.2050

Hey there,

we present you our new trading ideas about price behavior for currency pair EURUSD.

According ForexTeam technical analysis we can say that EURUSD could test price area 1.2170, while this currency pair continues to hold over uptrend line at 1.1830, but if we take a look to USD index we can say that bears could press the price already from price level at 1.2050.

EURUSD H4 chart shows us possible H&S pattern in progress.

forex team free trading signals online eur usd h4 19092017

If bears take a control over the price on EURUSD, please pay attention on the following price levels:  

1.1953
1.1915
1.1805
1.1760

All these price levels are possible (Stop-loss) breakup points.

Good trades,
ForexTeam

USD Index weekly report: new resistance levels 94.64 / 96.67

Hello guys,

here we are with the new USD index weekly report.
ForexTeam traders think that at present time (august-september) it could be price rebound from support level 93.00, the same picture like in Dec. 2016 – Jan. 2017, but now from other side.

usd index weekly forex signals res sup levels august 2017

Importaint resistance levels:

RES 1 = 94.64
RES 2 = 96.67
RES 3 = 97.87

Have a good week!

USD Index monthly research. Rebound from support 93.00

Hello guys,

ForexTeam traders are watching now for USD Index consolidation and rebound pattern to develop. At the end of July 2017 we can expect one more leg down to support level 93, it is the lower edge of the band 93-100, developed from 2015.
95.10 – is the next resistance target for rebound from 93 support level.

forexteam app usd index daily trading research July 2017

USD Index: first round won bears )

Hello there,

As we wrote earlier in our usd index weekly review, we expected that resistance level 96.50 will hold and bulls will “sucX”. As you all see, bulls “sucX”.

Let see how close the daily price today 😉

usd index weekly signals forexteam app trading signals online june 2017

GBPUSD vs. USD Index: 3-2-1- Start!

Hello guys,

we compare GBPUSD and USD Index. If resistance level on USD Index (96.50) stops the bulls, it will be the case for GBPUSD to jumping up. Let’s go!

gbpusd weekly signals forexteam app trading signals july 05 2017

USD Index: Do you think you can fool me?

Hello traders,

we present USD Index short weekly review for the nearest future.

ForexTeam still think that USD Index is under bears pressure and it could be possible correction to the resistance level 96.20-96.50 and if this level will not broken up than we expect further jump down to the support level on 94.00

From other hand, if this scenario is right, we expect EURUSD (1.19) and GBPUSD (1.35) rise!

usd index weekly signals forexteam app trading signals online july 2017

Keep trading,
ForexTeam