The monthly chart is clearly showing an uptrend that has reversed from years of decline. The weekly is showing this in much clearer detail. As of now price sits at the resistance area from the rally from the start of the year. Should price consolidate from here and then push higher breaking the thing yellow box, I am expecting a price target of around 2.1300. On...
Ever since the start of the year we have seen a bounce back higher for oil ever since the massive drop late last year. That consolidation and the pullback higher can be seen green line being cracked finally in the last couple of days. Because of this and along with all the things going on with the EURO right now, I am anticipating a further push down to a...
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I make analysis for forex paid EUR/USD. I use 1H chart. I make analysis with very small line risk and big take profit line.