BlackCat4

BlackCat4

Price is capped between 3200 and 3000. For the shortterm the EURUSD looks heavy. After the sell off last week...the EURUSD retraced up around 61.8% and is looking to continue the move further down. If we can clear 3000 we can find interim support at 2950-2970. The move down could be seen as a retracement of the move up (indicated by the fib)...as long as we...

BlackCat4

It seems like something woke up the Bears again. :) After a couple of days of consolidation price ran out of space in a triangle and the bulls lost the battle. Friday was all about the bears pushing for lower lows but found support at last week weekly S1. Monthly/weekly/daily charts are looking bearish aswell indicating its likely we could move lower to 1.21 and...