IvanLabrie

EURUSD: Weekly trend active, add on dips!

Long
IvanLabrie Updated   
FX:EURUSD   Euro / U.S. Dollar
Updating my previous Euro charts, we have a signal active currently, in the weekly timeframe, and the breakout here gives us extra confidence to add on dips next week.
Gold also looks great, which is usually a good sign for big trends in currencies.

Best of luck,

Ivan Labrie.
Comment:
Looks like $EURUSD will rally until we land of quarterly resistance, which will take until April 2019 to be breached...
Comment:

BTFD!!!
Trade closed manually:
I didn't update this in time, but we closed longs at 1.23489.


The resistance above caused a sharp drop, this makes me think we might consolidate for a while, before resuming the weekly rally.
Comment:
Trade active:
Looks like we have some upside left still, target on chart.

Order cancelled:

The euro is going to fail the weekly buy signal target apparently. $DXY just flashed a big uptrend signal, related to the surge in USDJPY and USDEUR, as stocks find a bottom. Deleveraging stopped.

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