Week Summary
EURUSD has moved up into a new range within its 4 hourly chart between 1.2695 – 1.3671. It has
tested support level at its 50% fib (1.3183). The 4 hourly trend is up, so we can now expect a move up toward 1.3671,
A move below 1.3183 will change our directional basis on the 4 hourly charts
The 15min charts are ranging between 1.3305 – 1.3549, this could break up higher.
The immediate trend of the 15min charts is bullish, a price below 1.3427 will change our
directional bias of the 15min charts.
Week Summary
EURUSD has moved up into a new range within its 4 hourly chart between 1.2695 – 1.3671. It has
tested support level at its 50% fib (1.3183). The 4 hourly trend is up, so we can now expect a move up toward 1.3671,
A move below 1.3183 will change our directional basis on the 4 hourly charts
The 15min charts are ranging between 1.3305 – 1.3549, this could break up higher.
The immediate trend of the 15min charts is bullish, a price below 1.3427 will change our
directional bias of the 15min charts.
We continue to play these ranges, picking reversals from the extremities and midpoints.
Rules of Engagement
1. All trades are valid only till the end of todays trading day, user should revisit this site each day to obtain the new trades
2. Multiple open positions are allowed.
3. If the price actions move out of the given range, then check back at this page for the new signals.
4. Trading signals are valid for all session including Asia, Europe and U.S.
EURO Support and Resistance Levels
Current Resistance levels: 1.3549
Current Support levels: 1.3427, 1.3306
Current Pending Orders
1. Short EURGBP @ 0.9025, Stop = 0.9058, Target = 0.9004;
2. Long EURGBP @ 0.9164, stop = 0.9132, Target = 0.9185;
3. LONG EUR @ 1.3292, Stop = 1.3242, Target = 1.3366
4. Short GBPJPY @ 143.35, Stop = 145.02, Target = 142.28
5. Short GBP @ 1.4129, Stop = 1.4254, Target = 1.3924
Current Open Postions
1. Short EURUSD @ 1.3565, stop = 1.3613, target = 1.3491
2. Long GBPUSD @ 1.4926, stop = 1.4801, target = 1.5136
3. Long GBPJPY @ 150.49, stop = 148.80, target = 151.56
*These entry/exit/targets may change/deleted as the market moves
*All signals are only valid only for todays trading day
Auto-Trading and Forex Funds Management
We can auto-trading all these signals for you directly into your Live or Demo account.
For more information on how to setup a Live or Demo Auto-trading account please contact us
on our details given in our profile section.
This week’s current performance
0 pips
Last week’s performance
723 Pips
Closed trades for this week
Currently No Closed Trades
About Us
Our Strategy at UGMarkets is a combination of GANN, Fibonacci, and Pivot points, to determine where support and resistance may be.
Our technical analysis is very different to most other services as we use leading indicators allowing us to get in very close to the turning point,
providing smaller risk and larger reward opportunities.
Contact Information
Feel free to contact ugmarkets with any question regarding the signals or funds management.
Please view our profile page for our contact information
DISCLAIMER
UGMarkets and its related entities or anyone involved with UGMARKETS will not accept any liability for loss or damage howsoever caused, whether accidental, consequential, direct or indirect, as a result of reliance on, or misuse of, the information contained herein. Please ensure you obtain and read relevant offer documentation prior to undertaking the financial markets so that you are fully informed regarding the key risks and costs associated therewith. Trading in the financial markets is one of the riskiest forms of investment available and suitable for sophisticated individuals and institutions only.
The possibility exits that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this presentation is a recommendation to buy or sell any financial instrument and UGMarkets are not liable for any loss or damage, including without limitation, any loss of profit which may arise directly or indirectly from the use of any information the UGMarkets website.
Opinions and analysis on potential expected market movements contained within the UGMarkets™ website are not to be considered necessarily precise or timely, and due to the public nature of the Internet, UGMarkets™ cannot at any time guarantee the accuracy of such information.