Daily Technical Analysis for Monday, July 30, 2012 - by ForexPeoples.Com
EURUSD
The bulls still look here. We see the TCCI 20 day on (daily TF) still show this bulls with it's lime color line. Then, of course = this still to product bulls to test again that pivot line at 1.2394. So, on my simple analysis = search for nice Buy on samller TF = better idea here.
GBPUSD
The two TCCI line on daily TF (TCCI 20 day and also TCCI 80 day) look on bulls condition. So, if we look this GBPUSD pair with this Big TF = Yes, bulls still probably here for next price move. But please note = that the consolidation can be play first here because we see on the above the price now = we can see the supply area (1.5717). So, the bulls can be say if truly price then can break that supply area = break from bottom, of course.
USDJPY
Pullback bulls look probably here. TCCI 20day (on daily TF) show this bulls probability for today move. I see, this bulls can probably touch max. to near that golden fibo ratio at 61.8 (78.78). So, search for next nice Buy OP= better idea, I see.
USDCHF
I see = till now, the USDCHF still to become more bearish. The candle still move bellow the Strong TCCI 20day and TCCI 80day (daily TF). On my look = for today price candle move = the price want try again to test again that pivot line at 0.9697. So, search for nice Sell Op here = better idea, I see. :)
Regards.