This and next month, I look at every weekly-deep to go long...
Direction: the red cloud.
Direction: the red cloud.
Comment:
1.1302 is a resistance, once overcome, then next target 1.1383
Comment:
Previous resistance at 1.1302 now support.
(See update above)
(See update above)
Comment:
Comment:
EURUSD
daily: tenkan & kijun = target & support
daily: tenkan & kijun = target & support
Comment:
Since the last update on June 12th, only 1.13707 has been reached ... but the higher targets will follow.
It would be ideal if next week daily did not close above 1.1421, but first at least until 1.1265 would run back, then again long with the target 1.1473
Daily cloud = grün
btw next month will be higher than this ... that also shows the difference between may and june low, but after the established july high, i would favor short.
It would be ideal if next week daily did not close above 1.1421, but first at least until 1.1265 would run back, then again long with the target 1.1473
Daily cloud = grün
btw next month will be higher than this ... that also shows the difference between may and june low, but after the established july high, i would favor short.
Comment:
Comment:
Tomorrow: weekly TENKAN support
Next week deeper as this week. The rest as in the chart...
Next week deeper as this week. The rest as in the chart...
Comment:
If Tenkan crosses SMA 50 from bottom to top, only then will EURUSD be bullish in Weekly. As long as that is not the case, the price has to come back again and again.