portra777

portra777

OANDA:EURUSD New target is 1.1070. Price has broken through support and moving toward major support. The new price target has been set to 1.1070 for safe trade.

portra777 Updated 

Be aware of the potential moves coming up. These are ideas only. New short scalp is .1170, but we must see if the price action will break below established support or bounce from it. If it breaks below, then I will short and set take-profit at .1090-.1085. If the price bounces, then I will go long and take profit at .1275. But if market conditions are favorable...

portra777 Updated 

The upward momentum last week was a check at major resistance, but failed. Still on a downtrend, and still in the position with a take profit at .1200 depending on market conditions.

portra777

The established resistance areas are being tested, and this sets up some nice opportunities for short positions. Look for the downswing and take profit of .1200 for a more aggressive target, but .1245 for very conservative. Happy trading.

portra777

Clearly established resistance being tested. Look for the downswing to .1245 to .1200. Conservative target is .1247, while more aggressive target is .1200.

portra777 Updated 

Clear resistance is present, but take profit is set at a safe level of .13500. Take profit could move to the riskier level of .13600 should one desire. However, .13500 is in keeping with the consistent and established resistance area.

portra777

USD/CHF consistently breaking through resistance, while EUR/USD consistently breaking through established supports. Based upon the correlation, there is still a move down to the indicated support. OANDA:USDCHF OANDA:EURUSD