Intraday target 6774 or 6378
Weekly Gain/Loss: -1.23% Weekly Close: 1.1602 Weekly perspective: Last week candle formed as BEOB – engulfing bar at resistance as it means that on 1.1800 a lot of sellers jump in the short positions. On Monday this week price just ranging from the H4 resistance at 1.1622 to the H4 support at 1.1570. Daily perspective: If we zoom to the daily chart we can see...
EUR/USD: Let's check Eur/Usd the most tradable forex pair. Weekly perspective: Last week pair moves from the high 1.1815 to the low 1.1570 so in the range of 240 pips. At the and of the week we have formed BEOB candle as strong signals for more bearish trend for this week. Daily perspective: As we already said that we have BEOB on weekly chart we also have,...