eurgbp look like a perfrct short acsending triangle consolidation breakout retest 61% FIB structure breakouttt
eurcad buy perfect entry reversal patern breakout structure become an uptrend trendline
eurjpy long for 200pips create new high trendline retracement to 50%
eurnzd breakout consolidation retracement 38 fib trendline will drop for a good 100pips
eurjpy perfect short for 80 pips jpy now is strong with every pair
Long bias for the Euro after an inverse head and shoulders formed in consolidation zone, rejection of 50 SMMA, and possible continuation of the bullish trend. ----- Constructive Critics are well received. *I appreciate your feedback. Thank you.
After a clear Head and Shoulders breakout, the price is coming back to the previous support now converted in a resistance. The expectation is to push the price in order to find new Low Lows. ---------------- Constructive Critics are well received. *I appreciate your feedback. Thank you.
1. Major horizontal resistance 2. trend line 3. Divergence 4. Over Bought
EURUSD is in difficult territory though I start to become more bullish. Reasons why: Dollar index: Chart: broke structure, it may show a reversal pattern (H&S) so no confirmation yet both bullish or bearish, nevertheless, it is still below structure so that is bearish. Fundamentals: USA tends to surpluses, reduce spending, all bad for economy so usd lower? EUR...
Seems like a Inv.HnS in the Index. DXY seems like retesting a descending triangle formation with limited upside and big divergence in the RSI. Both premises together make me deduct a probable strenghtening of the EURO. Also, French elections + Eurostocks sentiment are good. We can ride this uptrend while it lasts.
hello my friends .... i will be analysis the jxy,dxy,exy for the next weeks first we start with jxy i am expecting a drop in jxy japan index price for the next weeks