EURUSD GBPUSD Long Potential: Yesterday the US Fed increased interest rates by 0.75% adding fundamental strength to the US dollar longer term. US stock indexes and cryptocurrency can see fundamental weakness going forward longer term. In other economic news Europe recently showed inflated CPI data both from an expected and previous data standpoint, CPI (YoY)...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
the candle close below than the previous candle , prepare to sell it ~~
GBPAUD is about to start wave 4 (short) and then wave 5 .
Good opportunity to get in at the 45 degree trend line with a short stop. Ride the trend line down adjusting stops to just above the trend line.
Long opportunity for GBPAUD. Completed ABCD pattern. AUD CPI q/q (-0.2%) SL: 1.618 TP1: 1.660 TP2: 1.7120 TP3: 1.300 Forex is high risk! Trade at your own risk! Good luck.
The pair is currently meeting a bearish trend line from the D1 chart. On the H4 chart if we get a break below 1.9520 try to sell any pullback towards 1.9580 zone.