EURUSD have been making news lows, seeing weakness in momentum, as we got an important NFP news ahead, seeing scope for an initial dip to 1.0940 to then a bounce, if that doesn't happen looks for a strong break of the downtrend line to 1.10 area. Trade Safe!
EURUSD have broken out the multi days trendline with a strong momentum, waiting for a retest of the broken trendline, once it retests look for a consolidation and a breakdown again for 1.0981 first target which is a support area, if it breaks this out then watch out 1.0880 lows.
EURUSD have been trading with new intra-day tops and lows, so far price holding above 1.1146, though there is bullish momentum on the bigger picture which still is in play, therefore i am looking scope for 1.1190. Trade Safe!
EURUSD have been trending higher from 01 oct 2019, so far almost around 1.1250 area. seeing price action to consolidate and retrace a little here, though overall momentum on the bigger picture is getting stronger. USD index on the other hand seems bearish as well, with all that information EURUSD seems uptrend over the coming weeks, seeing 1.1500 area overall...
Gold broke out the multi days downtrend line - bigger picture momentum is getting stronger, seeing scope for a retest of the 1556 area over the coming days. Look for short term retraces for entry. Trade Safe!
EURUSD is trading within a narrow range with price action making marginal highs, momentum on the bigger picture is strong, so i am expecting 1.1180 if euro breaks the 1.1116 recent high. Trade Safe!
Scenario 1; EURUSD broke out the short term bearish trend line, seeing scope for more downside towards 1.1066 and below. Scenario 2: If the market breaks up the 1.1110, then i am looking for a further go towards 1.1150+. Trade Safe!
Euro rallied quite sharply over the past few sessions, momentum on the bigger picture is getting stronger, hence seeing the scope for more upside over the coming sessions. Trade Safe!
EURUSD fell quite sharply yesterday, seeing scope for a new low today around 1.1040. Trade Safe!
Gold have been trading within a multi sessions bullish channel, momentum is building over the higher time frames, seeing scope for further advance over the coming sessions. Trade Safe!
EURUSD have rallied from past few sessions, price action is weakening here, so looking for market to break the trend line to trigger the shorts. Good Luck.
Most Preferable scenario: EURUSD have rallied quite nicely overall for the month of October leaving a high of 1.1180, so far from the start of November until now it has made a higher low at 1.0989 (61.8% Fib level), where i see a bullish channel also developing. As the momentum on the bigger picture is accumulating so expecting this market to make a new high...
EURUSD broke out quite sharply yesterday, so far the market is holding the 1.1070 area, as the momentum across the lower degree time frames is bearish, i am expecting the market has still further room to go lower towards 1.1025-1.1000 area. Trade Strategy: Look for shorts around 1.1100 area with stop at 1.1145 towards 1.1025-1.1000. Trade Safe!
Gold have been trading in a multi sessions bullish channel, seeing momentum building across higher time frames, expecting 1498 and 1505 for near term. Trade Safe!
EURUSD have been trading in a range - However momentum is building across the higher time frames, so far in a short term market is trading within a bullish channel, expecting the market to break the range and visit 1.1025.
EURUSD is showing divergence signs on the daily time frame with a bullish close from Friday. Expecting an upside towards 1.1024 and 1.1080 area, look for buys once market breaks the short term white trend line. Trade Safe!
EURUSD have been quite messy over the past few days, price fell quite sharply on the ECB event leaving a double bottom. Recent rallies have almost faded the sell offs, seeing scope for more upside to come over the upcoming days. Look for buys once it breaks 1.11 handle. Good luck.
EURUSD have been trading firm from past 3 days - as it broke out the key 1.1027 low past week, seeing fresh momentum developing across the bigger picture. Right now it broke out the short term trend line, i am expecting the market to correct lower towards 50-61.8% Fib area where I'm looking for buy setups to develop. Looking 1.1005-1.0985 possible buy zones for...