Senfisu

Senfisu

Hello everyone, before we start this deep analysis of EURUSD let's see quickly a summary: - EXPECTATION MEDIUM-LONG TERM: short - EXPECTATION SHORT TERM: long - ANALYSIS TOOLS: primarily macro trend (economical events), and trend analysis (using EMAs, RSI, trends, S&R), NEWS and forecasts (different sources) - MAIN SOURCE USED: Economic data (from FED, ECB, EU,...

Senfisu

On the EURGBP we see a cup and handle formation which is a bullish continuation pattern. Breakout above level 0.90500 will push the price all the way to 0.90500 and then to level 0.93.

Senfisu

Depending on the price action we have 2 setups on the 15min timeframe.