target 1.19 bullish case, we are in down trend, although falling wedges tend to break to the upside 68% of the time. looking for a bounce of the trend line, hit resistance, then test, slight downside before a break of resistance to 1.19. could take couple weeks to play out,
Day's Range 1.1602 - 1.1694
52 Week Range 1.1602 - 1.3913
Ask 1.1648
long term we could see...
4H Chart Explanation:
- Price bounced on the Ascending Trendline and broke the Resistance Zone.
- Bullish CCI.
- Price continues it up move towards the Major Resistance Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
after make some pinbars we have a down fall. So that he can breathe fresh air for the next onslaught(Maybe, if e'th goes well in brexit...)
anyway price have been confirmed lower places to touch. enjoy it
The US Dollar fell after Fed chair Jerome Powell surprised the market by saying that interest rates are “just below” neutral levels. He believes economy will continue growth with low unemployment and inflation around 2%, but he thinks moving too quickly could risk shortening the US expansion. Personal income and spending grew more than expected but jobless claims...
The US Dollar Index moving back into previous uptrend channel breaking up above 12260 level and has pull back to retest it again. The long-term still remains as unchanged constructive for bull, till price break below 12200 to 12100 levels going forward. Looking into medium-term channel, the US Dollar Index could continue its way towards 12330 levels progresses....
Pound Sterling shows feather weakness
Pound Sterling - GBP losing strength against all major currencies
Pound Sterling Shows absolute value is weakening
as you can see in Non USD Custom GBP-Index and Custom GBP Index
