Potential opportunity to go short when reaching the SMA 200.
As long as this pair is not listed under my "Yellow Highway" with Break and confirmed Close on a weekly basis, there is even more space upwards, heading 113.4. If 110, 50 is broken on a daily basis, then two targets will follow: 109.51 and 108.91. Upper limit, respectively resistance zone is above 114.23.
For rising prices, the 1.3420 is to be convincingly overcome. For falling prices, the level at 1.2710 should be broken down and confirmed with closing price on a daily basis .
After a moderate correction next week, I would expect another Weekly high. Target 1.128 will be triggered as soon as we see a break and close below 1.1325 in H4. And should the price develop according to the chart, then we could have seen the year low in April.
In this currency pair I see an A B C correction that can last until the end of this year with the possible targets on the lower side (last Q 2019): 1.5379 1.5349 1.5238
So far the EURUSD has been running according to the chart I posted on February 7th. This week I expect a lower low than last week but no close on a weekly basis below 1.1100
April Deep could be good for a long and stay the whole month ... maybe in May to Weeks also ... just wait up to the Target at 0.7575-0.7635. Only a break of the December low would ruin the whole setup.
Thursday - may be --- just pay attention to the PRICE between 1.0146-1.0171
I think we could finish wave 4 (or b) this week, so pay attention to prices between $ 1282 and 1280. If this support stays, then we could see further rising courses.
If GBP JPY rises a bit more next month, pay close attention to the region between 149.20 and 149.75, as this is a strong resistance.
As long as we stay above 1.31718 on a daily basis, we could aim 2 targets in this upward correction: 1.3487 and 1.3638 (if so correct, then second target would reach exactly the middle of the Andrews pitchfork). Short to go may be possible first week of April. Confirmation would be if we do not see a break and close above 1.3640 on a daily basis. Note:...
BTC could fall short under 2k, but then ....!
According to the previous T-analysis, whose forecast has been fulfilled, now the second step follows.
If we do not see a break and close above 11866 by the end of April then we might see falling movement towards 9431.