Until we see 1.1014 broken my overall bias on EURUSD is still bullish currently resting on 61.8% fib level.
DAX still looking bearish after this weeks market crash this crash is portraying the market trying to correct itself
POSSIBLE REVERSAL POINT HERE FOR OIL AWAITING CONFIRMATION....
Awaiting break of the CTL for a push to the upside at 1.1500 we have strong demand at 1.0800 which helps deduce the overall bias of a bullish break to the upside.
With the European Central Bank agreeing to support Greece and with Greece starting to make repayments the euro should be looking to create higher highs and break through the current barrier at 137.80 which would in fact break through the current channel we are trading in. Very good buy with a little risk but great reward.
POSSILBLE PULLBACK TO 0.7600 BEFORE THE DOWN TREND CONTINUATION
As we are currently still in an uptrend on the daily time frame until a clear break of 1.4300 I'm looking to go bullish on this pair. Currently hitting some price consolidation now showing that supply and demand are balanced. Looking for a break of the bearish sloping trendline once a reversal takes place around at 1.4550 levels.
With the pound set to gain strength this year I believe the pound is due to continue its uptrend throughout the following year. Two buy zones here for me each exceeding the risk ration
Watching the euro closer at the moment. Today's price action is suggesting a bullish move upwards. I have three levels of take profit or stop loss adjustments