Beursorder

Beursorder

Weekly chart signals short..

Beursorder

Same pattern lining up...

Beursorder

After a five day rally, I guess is time to take a break and retrace a little.

Beursorder

It looks to me that EURUSD could go up towards the 1.13 level again. FOMC will not raise rates any time soon and all support/resistance levels seems to be confirmed. The green zone indicates my EU LONG interest. Longer term I consider EURUSD bearish as the economic outlook is bad, brexit referendum is coming and grexit woes seems to reappear. Disclaimer: Do...

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The blue line (1.115-ish level) offers both support and resistance for EURUSD since March 2015. If no confirmed break above this level, my best guess is that EURUSD is going down. A clear break above the 1.115 level invalidates this setup. Disclaimer : Do not take this information as trading advice. It is merely my point of view on the current situation.

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Clear break of 1.10500 could trigger move to 1.113 or 1.116. Failure to break 1.10500 invalidates this potential move up.

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Let the chart speaks...