GBPUSD has formed regular bullish divergence

GBPUSD has formed regular bullish divergence as shown in chart below

pair has resistance @1.5742 and support @ 1.5650, 1.5452

pair lies above moving averages20 and 50 in hourly charts

In 4hour charts, pair has formed bullish engulfing pattern.

If pair breaks level@1.5742 then  pair may test resistance @1.5940 & 1.6
alternative view, if pair fail to break resistance @1.5742 then pair will form double top pattern

EURUSD @ ELLIOT WAVE JUL 30

EURUSD has follow elliot wave theory 

Pair is in correction ABC wave 

Pair has resistance @1.24 and support @1.2220, 1.2160, and 1.2060

and also EUDUSD chart has Pin Bar resistance 

My Overall View is Bullish 

My main target @ 1.38

EURUSD technical Analysis July 30,2012

EURUSD technical Analysis July 30,2012 by fxempire

EURUSD & ELLIOTT WAVE

EURUSD has elliot wave counting in chart below

please share your view if any correct in above chart

GBPUSD 20120726

I feel GBPUSD has triangle pattern formed in hourly charts  

pair has resistance @1.5550 and support @1.5440. trendline is coming from 19july,2012's high

it is consolidated in this range if pair break above 1.5550 then it will turn upside 

MY OVERALL VIEW IS BULLISH 

I AM LONG VIEW  TARGETING 1.64 AND 1.68

In hourly chart, pair has formed regular bullish divergence with MACD

GBPUSD HAS STRONG SUPPORT TRENDLINE COMING FROM 3RD JUN,2012

TRIPLE REJECTING TOP @1.5740 BREAKING THIS RESISTANCE PAIR WILL GET STRONG BULLISH VIEW

Economic Calendar

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GBPUSD

GBPUSD IS IN RANGEBOUND 100PIPS  BETWEEN 1.5540 AND1.5470
GDP CAME LESS THEN EXPECTION    BUT DOLLAR REMAIN WEAK
PAIR HAS EXTEND IT'S SUPPORT @ 1.5455 AND RESISTANCE @1.5540
MY TARGET IS 1.64 AND 1.68
MY OVERALL VIEW IS BULLISH

AUDUSD

AUDUSD HAS FORMED REGULAR BULLISH DIVERGENCE 

PAIR WILL CONFIRM UPSIDE BREAKOUT IF PAIR MANAGE TO BREAK TRENDLINE

MY LONG TERM TARGET @1.14  

MY OVERALL VIEW IS BULLISH 

NZDUSD

I feel nzdusd has formed regular  bullish divergence below trend line and 50MA IN HOURLY CHART

IF PAIR MANAGE TO BREAK TRENDLINE THEN  PAIR MAY TEST RESISTANCE @0.7927

GBPUSD

I feel GBPUSD is moving in range between support and resistance.

resistance @1.5540 and support @1.5480  if  Pair breaks above level 1.5540 then pair may test 1.5740 

Alternate view if pair breaks below 1.5480 then pair may find support @1.5395 

my main target is 1.680

my overall view is bullish

EURUSD 20120725

I feel EURUSD has formed regular bullish divergence with MACD. Pair may find resistance @ 1.2105
and support @1.2040. IF PAIR breaks above 1.2106 then pair may test 1.2150, 1.2220
Alternate view if pair breaks below 1.2040 (fresh yearly low) then pair may test 1.1940 and 1.1849

GBPUSD 20120724

I feel gbpusd has formed regular bullish divergence. price is below moving 20 and 50

if pair breaks above 1.5540 then it may test resistance @1.5740,

and if pair breaks below 1.5480 then it may turn temporary bearish target 1.54

my overall view is bullish for level 1.64 and1.68