Base on charts, This is an example of bearish sign. As you can see in PSAR, bullets are located at the top and it will test the support level soon. Money Flow index also indicate the smart funds is coming out..Goodlock traders. Happy day
I looks like support has been find in the area of 1.30 to 1.32, currency will stabilize and consolidate due to hitting demand area before breaking the upward momentum. This is a very promising, just wait for a good news and backing up by US support. It must break the 1.41, followed by 1.45, 1.48 , 1.65 and 2.15....Good lock and happy trading
It seems upward momentum has been retested and rejected for many times. Consolidation will occur in a short term. watch 61.80 fibo level if this will hold. buy with initial target of 6.25. If this will not hold, i can pick up this between 3.75 to 4. Goodluck and happy trading!
Notes: As US index get higher, commodity prices get lower and vice versa. I also see a n uptrend scenario if 1.340 will break in a near short term....Initial target will be 1.370, then followed by 2nd target 1.526. cutloss or sell short if 1.310 is not break. Goodluck and happy trading
It looks like a retest for the all time high may encounter next week. as seen in the RSI GBPUSD RSI not yet reach the 80% to 95% during Strong bull control. Be careful traders. Need to break the 1.46 level as initial target, followed by 1.47 and 1.51 long range target. Cutloss below 1.4007 level as their is no known support for the pass 5 years...
It seems etherium ETHUSD was hit by a badnews. BUY If 61.80 or 15USD will hold. If not, sell it until 7USD. NO known support on this level. This recomendation is effective within 2 days only. Goodlock Traders
RSI depicts a weakness uptrend resulted to a DIVERGENCE. I need a correction and fill the gap between 650 to 720...Watch Support. Smart Money also going out due to pointing downward. Initial target after reaching fibo level will be 809.50, 2nd target will be 1058.16, Cutloss below 582...Goodlock Traders
I looks promising USDJPY. RSI also indicate a divergence level base on support. It should break the 20MA in order to step to our 2nd target. MACD also signifies a cross which means a buy signal....Initial target will be 105.77 followed by 107.21...Cutloss below 103.58. Goodlock Traders!!!
Chart says that selling pressure has already gone. I shows also that strong support under 1.41 to 1.42 level is still intact, we are expecting to hit the all time high if this support level will hold until EU referendum on JUne 23. Goodlock traders. Happy trading ...