Market will be flipping to the upside as sson as eurusd regains its strength.
As gbp regains its stregth price may shift to the upside
An order to the downside is best for this market. It can even go down and exceed the target
100 pips down and the big revearsal upwards will start according to point of view
As price comes to and important trendline the pressure on that line will be bigger so it will drive the price to retrace to the 61.8% retracement level for the long term.
As of 3rd week of this month buyers are aggressively driving price higher and higher. The market sentiment is now so bulish so many retailers will also go for a long, me myself i went for a long position and closed it in profit. When you view the weekly chart a hanging man candlestick pattern was foremed so in addition of the market hitting an important trendline,...
A fall perspective to the as the market hits the 78.6% retracement level correlating with the same move as the EURUSD.
As price climb to visit an important trendline, the perferct move is to go short because of how price has been using that same trend for a revearsal to the downside.
This cart shows a clear analysis of the Euro and Dollar currency. After the news that was released today the market gave as a retest of levels so going to next week a retracement is likely to happen so the idea for the euro and pairs like audusd, nzdusd and gbpusd is a short position whiles going long on the other dollar pairs like usdjpy and usdchf.
As price continues to stay on top of the support level, the idea of going long seems reasonable and also all the usd pairs are getting ready to shoot down because of the steadily recovering of the US Dollar stregth. Pivot level Support 1 is also beeing tested so the chance of price going back up to the resistance 1 of the Pivot is also reasonable. If price breaks...
As the market came up to the 78.6% retracemennt level, correlating with the resistance and the pivot, a short idea is very reasonable for the market.
A last move to the upside before the big retracement.
A last move to the upside is possible before the retracement.
Long opportunity as the market approches a significant trenline.
A move to the downside is likely to happen as it retested the sell resistance of last week. 34100 has been serving as a mid resistance zone so if the market pulls down and hit the profit, the market will also likely to break that support zone of 33740.
Strong sell as we follow the markets way. It has also met up at a correltaing point of the trendline and the resistance zone. A move to the downside is highly expected. Use a small stop loss for safety.
A move to the downside is likely to happen as the us markets all going down. It is also at a critical area