GOLD has found a good resistance lever at 1440. While this levels holds, we will see recovery towards 1402 first target and if it breaks this level it will resume the down move and test the 1.1342-11336 level which is 0.618 retracement of the entire move up and 55 daily MA
EUR/USD last week has found a good support at 1.1233. There is also a hammer, a bullish reversal pattern.We still need to see a clear break of 1.1380 level to resume the move up and the next target would be 1.1515 the 200 day MA.
Hi, I am watching EUR/RUB and from what I can see on the weekly and daily chart is that EUR/RUB is moving down and a break of 74.47 level will resume its move.... I will appreciate any ideas if you have on this currency par.
It seems eur/usd has found a good support at 1.1220 level. Last week it failed to break above 1.1500, but its still it it up side trajectory. A break above 1.1500 resistance zone would tiger a recovery to 1.1623 October high and 1.1640 200 daily ma.