I predict that EURUSD will move up for a few more days. But you need to confirm further because the euro is still moving sideways. Don't forget to use the set up that suits your trading style
supply area 1.157 - 1.161
demand area 1.119 - 1.125
Hy dear Members hope you all are enjoying our Signals and Analysis now we are here to discuss about GBPJPY. GBPJPY Has Breaked the Rising Wedge now it has maximum Chances that it wi drop to the Price level 146.5
When Market will open I will update further with Proper Chart TP and SL.
This is the Signal for USDCHF that we have sent in our Group few Hours ago. Now you all can how this has Hitted TP3. With any Loss. Keep in touch to get such updates and accurate Signals and Predictions.✌️
Europe is losing the coronavirus battle again.
Spain, Portugal, France, etc. They have relapsed into high levels of infected people after having spent a very relaxed summer recovering.
A double-top channel has kept the price of the euro in continuous consolidation. It seems to me that on Monday it will fall again ... and then it will bounce again towards 1.20.
Pair just broke out Asian session and day high. Pair is moving below it's ADR with 70+ pips left on the table. Timing is good since we are not yet inside NY session and by London fixing time we might get 30-40 pips of upside.
Who missed the breakout of daily high, can wait for pullback after leg is completed.
I expect targets within daily ranges, near 1.089...
I explain why there is a long position in this drawing on my probability estimates - taken from technical indicators.
Note carefully the word 'controlled loss' means stoploss which means that's money one is prepared to lose. I never avoid talking about losses, as it is the most important thing to control in trading.
Disclaimers : This is not advice or...
Worth noting that EURO moves in tandem with GOLD (XAU) quite closely. Euro is sitting at a strong weekly liquididty zone, buyers are pushing it up even tho intraday says sell. It's worth backing the big movers and working off a larger time frame. Increasing sl and tp / reducing reward to compensate for what could be a bit of sideway market movements.
EURUSD the penetrated lower bound on recent price action with the initial legs of a forecasted expanded flat being invalidated. Now we should be looking for the termination of the current flag on successful break of 1.14500 and allow prices to rally north straight into the downward trendline connected from the yearly highs. Price action developments have been...
My past EURUSD charts are linked to everyone, and i work on the same chart with the past analysis and trend.
Bull and Bear is on wait, lets see which resistance it cross first.
AND everything is mentioned above there in the chart clearly.