aroseborn

aroseborn

As seen in the daily chart, EURUSD has been bullish in spite of recent favourable USD news. Will EURUSD break the 1.39000 and keep the uptrend, or bounce off of it and return towards 1.38000? I think the bullish trend will not stop and at end of this month close even higher than at the beginning. For now, I would see a bounce off the major resistance line "1",...

aroseborn

After using the Gann Fan and Gann Box, it showed that EURUSD can be on a reversal trend as it hit the 100% line and possibly heading towards the 0.75 and 0.618 line at which there could be a bounce off. Trailing stop to lock in profit as price reaches 0.75 line. Set stop loss a few points above the 100% line. If trend continues its bullishness, it will set a new...