OANDA:EURUSD If we zoom out more to weekly chart we are actually approaching a 32% re-racement from March 2020 low to its recent high. Will we see a rebound and what would be the catalyst that will reverse the trend for the EURO? Will it be the Jackson Hole ? A pause on hawkish tone? The covid variant? Personally i would be looking at the 50% to 62% range...
OANDA:USDNOK After a weak business sentiment news, dollar bulls maybe unwinded long position to book some gains. Im looking to buy at possible retest on support on USDNOK. Whats your thoughts.
OANDA:BTCUSD BTC is looking to test the 50k level anytime soon.
CAPITALCOM:AUDUSD Good morning Traders! Looking for shorting opportunity on retest of breakout from the bear flag. Let me know your thoughts
EURAUD looking at divergence on daily and hourly on my indicator
Technical Analysis or Fundamental? CAPITALCOM:EURUSD With the recent NFP Numbers that came out last night its more likely we are nearing the point of fed may relax the stimulus and start tapering. Will u bet for long on technical analysis or just look for shorting possibilities? Please give your thoughts. Thanks!