EURUSD seems to have found a place of support and hopefully a bounce. Currently the last four hours have been a bullish trend. I believe this to be the reversal and a new bullish trend will hopefully bring price to the 1.11 range.
EURUSD has been on a daily bullish trend for a couple weeks now. Today is the start of a new week and the trend seems to be continuing. The daily candle bounced off the trend line. I am looking for new highs on the daily chart.
It looks like it is that time again when EIGHTCAP:BTCUSD goes back down to 16000 price range. it might be a slow burn this time taking us another week or so. On a very optimistic outlook next week we should see that price range. With no further support there is only one thing to do and that is to fall. Lots of support in the 16000 range. We should hold there...
EURUSD looks to have pulled back on the daily chart. I believe this is in preparation to break the high of the previous week. We are currently in a bullish trend on the daily chart with what looks to be a pullback. 1.1 to 1.095 is the price range where I’ll be looking to exit.
Now this one may be a little bit of a stretch. Bitcoin is breaking above the 20 Exponential moving average. With this there a good chance for a further bullish move. In the past the price move is about 700 dollars. But with Bitcoin being at a lower price now we can suspect the price to move around 500 dollars. 17300 to 17400 would be a good price goal to get out...
EURUSD reached to break daily chart highs and failed. Now on the daily chart it has broken below the support it had. With a small pull yesterday EURUSD is looking primed to go down further. 1.05 inbound if things continue the way they are. Nothing in the market is for sure only time will tell. I’m hoping this time we go lower. I am looking for a 1.048
EURUSD looks to be setting up for a long position. The pair has pulled back and looks ready to continue the bullish trend. Could break previous highs. I’m looking for price to continue upward towards 1.072. Take caution though trading is risky and there is always a chance for loss.
