DiegoRV

DiegoRV Updated 

Price consolidating inside parallel channel up and new uptrend line. If price keeps its move and follows this new trendline, an important resistance since 1995 at 0.9038 is really close.

DiegoRV Updated 

Last H&S and monthly support haven been broken. Price could try a retest at that level and then continues to the recent minimum at 0.7275. -- Warning: It should be taken into account the next interest rate decission of RBNZ on Wednesday 08/09/17 - 21:00 GMT. It could cancel the setup.

DiegoRV

Pattern finished. Possible rebound. Stoploss: 87.15 Takeprofit: 87.95

DiegoRV

Price is consolidating around 130.63 area (an intra-annual level). Depending on a break up / down targets could be 131.82 or 129.60 (both are medium-term resistance & support). Wait..

DiegoRV

Price is fighting right now an interesting area between 0.0001270 and 0.0001170 which were support in January 2017 and resistance in November 2016. Price broke down 0.0001170 recently (which is a detail to consider) and also a recent uptrend line was broken (not retested though). If price confirm and hold below 0.0001170 target could be next support at 0.00007543...

DiegoRV

Price broke parallel channel and was rejected from resistance at 0.7989. If price can break short-term support at 0.7912 area a retest of 0.7830 is possible.

DiegoRV

After a sharply fall with bearish divergence, price is approaching to key support level 21.235 which coincides with 0.61% fibo since the last push at 18.56 in October 2013. Good opportunity for following the progress of the pair and catch a rebound.

DiegoRV

This post is not intended to be an investment advice or a prediction. It´s simply a look at the current economic situation in the Eurozone based on macroeconomic data and historical behavior. - - - - Mario Draghi woke up the beast in Sintra (Portugal) with a speech that was interpreted as hawkish. At that time everyone understood the possibility of tapering by...

DiegoRV

Price testing parallel channel base and close to 0.50% fibo weekly.

DiegoRV

Bearish Head & Shoulders in progress.

DiegoRV

Parallel channel has been broken and price is fighting at 88.18. If it can´t break up this level and confirm above it, a retest of 87.25 is possible. Otherwise it will try to get recent max at 89.40 (old support/resistance area since 1997).

DiegoRV Updated 

Price has formed a new downtrend and broke 0.9056 (support and resistance). Go short when it retest 0.9056 / 0.9080 area. Target 1: 0.9850 (resistance level on several times since October 1998) Target 2: 0.9776 (opening 2017 & uptrend area since May 2016) *Price is also inside down channel in daily chart.

DiegoRV

Price inside lateral channel and flag. Just be patience and keep an eye for the next move.

DiegoRV

Inverted Head & Shoulders in progress.

DiegoRV

UP trend line broken and rejected from recent H. If it confirms 0.236 fibo break, short to 0.7830.

DiegoRV

Price inside bearish channel and probably inside lateral channel if it confirms.

DiegoRV

Price is being rejected from 88.80 a strong resistance many times since December 2015. Good risk/reward if it is true and goes to 80.65 ha ha.

DiegoRV

Possible rebound EURUSD 30M at 1.1516 area.