Bulls Did their Job.. Long position is over at moment Short time Until Meeting of BCE & DRAGHI
Bearish Gartley 1H also we can take the advantages at other points for long entry: as FIBO + RSI Momentum +fundamental analysis Pattern confirms / suggests a short entry upon completion of the pattern when the point D is confirmed 4 short order..!!!!! Let's see and good luck
EurGbp, head-shoulders suggest a target of 0.76- 0.77- 0,78 the upside has also given rise to what looks like a head and shoulders figure >!!!
A kind of double bottom is formed Rsi showing as up direction MA not yet EMA200 Ema 50 1T and 2T
200 EMA above is going to be targeted, and a break above that would signify a potential long-term set up both RSI - MA show us a bullish momentum Of course keeping in mind the influence of Oil market
During this week, as can be seen on the H4, the USD/JPY has narrowed its range of movement, remaining in between two converging trend-lines; a triangle pattern. In particular, a downtrend breakout due to data that is received negatively by the market, could bring USD/JPY to continue a retracement commenced a week ago after reaching a peak. The objectives, in...
should bulls manage to capture 1.1200,Once break up this trend line resistance, they will target 1.1250 for today.!!! Tomorrow 1.1300 in what will be major stepping stones in achieving some respite from the recent bearish onslaught.
Currently the pair is trading above 1.4600 and just above the trend line, implying that the momentum is to the upside. Should bulls maintain their grip on 1.4600, we would expect them to target 1.4625, 1.4650 and 1.4675.
Gold with the overall trend bearish. RSI=MA pointing down Major support is supported at 1,243 and any break below would drag the commodity towards 1,230 and 1,225. On the lower side waiting until a bullish sign appears before considering being bullish. 4 example Potential Butterfly can be considered.. Let's see ..!!!!!!!!
Option Trade Gold should pick up a bullish momentum we can trade after BO 10m 30m 60m FX long after Breakout TP the marked area
expecting this to reverse from the area marked as possible reversal zone.. in front of 0.76 Fibo Lev. let's see and Good Luck
For today will focus on European Central Bank (ECB) Governor Mario Draghi's speech this afternoon. Draghi's last attempt to talk up the prospect of further easing at the ECB’s March meeting had the unusual effect of sending the euro higher.
the support is located at 1.1230, where the current short-term bullish trend line is, along with the previous highs. If broken, the next target for bears should be at $1.11. The resistances are located at 1.13 and 1.1360 for the next week.
Euro-dollar, the rise will continue in the long term? Personally I do not believe that the euro-dollar will maintain the rise in long-term and already provides a euro-dollar down with the approach of the ECB meeting on March 10 next. If, however, the euro-dollar exchange rate could remain at current levels or even go up, the probability of strong monetary easing...