Weekly Charts 28.07. – 02.08. – Forex Forum

Weekly Charts 28.07. – 02.08.

 

EURUSD Weekly Chart

 

 

Resistances at : 1.08600 , 1.09500 & 1.09700

Supports at : 1.08350 , 1.08050 & 1.07450

Major Support comes at 1.06800

Major Resistance at : 1.09700

Pattern on this weekly chart calls for another push Up next week.

 

EURUSD 4H Chart

 

 

Resistances at : 1.08600 , 1.08950 & 1.09250

Supports at : 1.08350 , 1.08250 & 1.08150

Current Pattern calls for Test of Supports early week.

 

USDJPY Weekly Chart

 

 

Resistances at : 154.400 , 155.500 , 158.050 & 158.850

Supports at : 151.950 , 147.700 & 146.450

Currently we have to treat this Down move as a Correction, and before we either break Major Support at 147.700 or have another attempt Up and fail to break above 158.850, I wouldn’t rush to declare all over Sell mode .

Weekly Charts 28.07. – 02.08.

GBPUSD Weekly Chart

 

 

Resistances at : 1.29450 , 1.29800 & 1.30800

Supports at : 1.28450 , 1.27550 & 1.23950

It is in a Bullish Channel.

There is a high probability it will test 1.30800 next week.

Needs to break it and go over 1.31 to be sure that we are on the way to 1.36 area.

 

BTCUSD Weekly Chart

 

 

Resistances at : 70.750 , 73.850 & 78.400

Supports at : 65.500 , 64.250 & 54.150

This is not a real Currency, so some rules and tricks that apply in Forex might not work exactly on this Crypto baby, but with a bit of imagination, let’s say that we might be looking at Triple Top creation in process.

So if next week it gets rejected at 70.750 , Bitcoin would be destined for a deeper correction at least.

Levels 45.000 and 35.000 come to play.

However, if it breaks above 70.750 , we are looking at 79K and an open space above it – in that case, fasten your seat belts ladies and gentleman .

 

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