The results of the italian referendum caused a massive drop of price, which broke below the corrective structure it was moving and what we now see is that it is in a pullback testing the broken uptrend (the lower bond of the correction). We might have a couple of ups and downs till price reaches the upper parallel of the new median line set i have draw where we...
Eur Usd 4H Resistance : 1.12345 - 1.2450 - 1.2750 Support: 1.12145 - 1.1950 - 1.1850 - 1.1750 This is not investment advice
Resistance : 1.1260-1.1280 -1.1290 Support: 1.1260 - 1.1240 -.1.1220This is not investment advice
+++ Don't forget to LIKE & Follow+++I have lots on my radar - I want to share with you a potential Bearish Bat Formation on 1H, EURUSD. On higher time frame you can EURUSD is in a bearish trend, and thanks to the Brexit event the trend is confirmed - so you can use the Bat Formation as an entry reason for hopping on the bearish trend. I shoot for conventional 1st...
EURUSD SEEMS TO HAVE BROKEN THROUGH IMPORTANT DAILY SUPPORT AT 1.11200 INDICATING WEAKNESS ALSO LOOKS TO BE BREAKING ITS ASCENDING CHANNEL! DOLLAR INDEX LOOKS STRONG WITH YELLEN INDICATING RATE HIKES BEING PROBABLE NICE SETUP FOR SHORTS TO WEEKLY SUPPORT AT 1.1000 AND BEYOND TO 1.08250
I hate to start by saying, "as foreseen in my previous studies....." So for those who are familiar with my daily studies and forecast, here is a little update. CAC is clearly oversold. Therefore we may see a little upward jump but this should not exceed 4510-4515. My Thought is that we may be at around 4480 before the correction continues. Targets are...
I know that a lot of people had some question mark in mind when I was making studies with a headline goal of 1.382-1.385 for at least 3 weeks now. People thought that After 1.39XX, Euro would jump at 1.355 and bellow. But as I have told in the past, and I keep the same idea in mind, there are 3 reasons why EUR will make a last try to 1.38XX. 1- Market bought for...