EURUSD finished last week with a long bearish wick, last two weeks of downtrend expect to push EURUSD to further low to below 1.6077, initial days of the week may have a small correction , EURUSD in the 2017 lows, Thank you,
price hit major resistance and can not break out good time for sell
Agree? potencional reversal, is the todays downtrend over?
USDJPY - In the begining of April we expecting to drop till 109.00 area and after that after confirmation of uptrend to take off in next 2-3 months to 120.00 area. Trading idea is 70% technical and 30% fundamental. Risk-reward 1:5. There are big probabilites currency pair to get in range for a while in the end of April. Happy trading :)
In next few days we expecting decline of pair at least with 300 pips. Analysis is based on 65% technical and 35% fundmental. In next hours probably will see bearish engulfing to 105.70 area.
Euro vs. Dollar projection for this and next week. Brexit volatility calms down, market noise going to normal levels. Our view is based on 65% technical and 35% fundamental. On US open of 6-th July we expecting pair to reach new low over 1.1020. On these levels pair got high probability to change major trend on 1 hour time frame. In the beginning we expect range...